Thread regarding Wells Fargo & Co. layoffs

Who in BBG and CmBG got let go?

Heard layoffs where announced yesterday in BBG and CmBG. How many got cut?

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| 1421 views | | 6 replies (last March 10, 2019) | Reply
Post ID: @OP+XX48eFK

6 replies (most recent on top)

Any news?

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Post ID: @3kkb+XX48eFK

They mean Business Banking Group and Credit Management Business Banking merged into Wholesale Group. PAS is Premiere Asset Group (Group that manages the Banked Owned Residential Properties)

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Post ID: @1mme+XX48eFK

I've been at Wells 16 yrs and did not know either of the acronyms. I am on the mortgage servicing side. Do you know what group CCRG or LET is? How about PAS or LIT? No? Don't be so condescending, we are a big company and all on this ride together.

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Post ID: @1abi+XX48eFK

If you are a WF employee or past employee and have worked in one of these groups, you know the acronyms. If you haven’t worked at WF, or you are someone with zero knowledge of WF, then you’d need to acronym spelled out

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Post ID: @smd+XX48eFK

Business Banking Group and Commercial ? Banking Group?

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Post ID: @cdc+XX48eFK

Again... stop with the acronyms. WF has too many and no one can answer your questions. :)

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Post ID: @fds+XX48eFK

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