Thread regarding Wells Fargo & Co. layoffs

COO Layoffs Yesterday

COO Groups got hit yesterday to the tune of roughly 10% via a combination of layoffs and cancelling backfill requests. It wasn't across the board and seemed to focus on "non-performing" teams. Guess they're not waiting for attrition or the Great Resignation isn't looking so Great.

by
| 3948 views | | 8 replies (last ) | Reply
Post ID: @OP+1gngsEAs

8 replies (most recent on top)

“difficult white collar jobs.” -@zoa+1gngsEAs

Similar to what we do in SORM

by
| | Reply
Post ID: @4fyx+1gngsEAs

@mva+1gngsEAs

Dude…. wut?!!?

We have a fairly low standard for grammar here but whatever you were trying to say came out as pure unintelligible gobbledygook.

by
| | Reply
Post ID: @4syn+1gngsEAs

What’s next for COO?

by
| | Reply
Post ID: @1nmv+1gngsEAs

The likely reason why they go terminated in employment at will us empire is bc they didn't take it to the next level, they didn't move the puck towards the goal, they weren't team players, nor enjoyed the snack trains and trust falls in the corporate state

by
| | Reply
Post ID: @mva+1gngsEAs

Rumor has it that there's more COO layoffs happening or being announced next week, under the ECE umbrella.

by
| | Reply
Post ID: @cyq+1gngsEAs

OP here, in this context "non-performing" meant teams whose purview no longer aligned with their parent org so they were let go.

by
| | Reply
Post ID: @lhh+1gngsEAs

The great resignation already happened and doesn’t impact white collar as much as it does blue or difficult white collar jobs. It’s surprising it’s taken this long to have more layoffs.

by
| | Reply
Post ID: @zoa+1gngsEAs

What are teams that are “non performing”? Don’t they just have like security, resiliency, and administrative stuff like that?

I have no idea so I’m just curious. That’s a lot across the board though..

by
| | Reply
Post ID: @kqr+1gngsEAs

Post a reply

: