Thread regarding Wells Fargo & Co. layoffs

Anything going on in Wholesale / Business Banking ? Wish you all good luck.

We had cuts on 2/21, just as predicted. 60-day notice and then separation pay based on tenure (chart on teamworks).

I heard they are getting ready to "trim" in Mktg, etc. since they are making more changes ("streamlining" processes) effective 4/1. Sr. mgr colleague said their cuts will occur around then.

WF is really hoping change fatigue results in natural attrition in order to avoid severance packages.

Meow!

How motivating.

Godspeed to everyone affected.

A handful of Sales in the Midwest got cut today as well

The Asset Managers in FL

Not in Frederick.

What’s left of REO in Frederick are like cats, nobody knows they’ve survived this long.

What site?

REO lay-offs happened today.

The layoff happens in January 2019 is real . I do not know how many people on the layoff list. There is a meeting held after that, questions were asked in the meeting, but did not get a direct answer from high up management.

Everyone at SPG site know, there will be more laid off coming, just do not know when. The layoff at Intel ocur under the name of the people mover and do it in discreetly. I believe the company does not want to avoid and do not want to public the lay off new

Mine came in last night too, saw it in the morning

My lay-off started with a meeting invite sent overnight after everyone had left for 10am EST. I knew the moment I saw it what it was, I was amazed by everyone around me thinking it was anything but lay-off notice.

I just got a meeting invite for 10am

Nothing good happens on Thursdays :(

Please do us all a favor and only report known lay offs. I'm getting so tired of these ominous warnings with no facts to back them up.

It’s today

Welp, I'm going to not ret and lose sleep over it, but I have a feeling tomorrow is going to be a rough day..

Good luck all

I also heard it's tomorrow.

I've been told 2nd level mgrs down do not know until day of.