Thread regarding Wells Fargo & Co. layoffs

July layoffs

WF had several major waves in July of recent years (considering the 60-day notice leading up to the 9/30 bonus eligibility date). Any inside scoop on the upcoming 7/7 and 7/21 layoffs? Anything different this year or it's just business as usual?


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Post ID: @OP+1kwh6bxdq

6 replies (most recent on top)

Tech is going to be the biggest impacts from what I've heard

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Post ID: @br+1kwh6bxdq

Q3 ahead of the end of quarter and cutoff for bonus is going to be huge layoffs. A LOT more to come, especially in IT&V and Compliance. They are actively stack ranking to determine people and spend hours doing this.

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Post ID: @b9+1kwh6bxdq

In another thread I posted that I heard from a reliable source late July would be another Tech downsize "wave." It is sad there aren't more employees who do know and won't post anonymously what they know. Crazy conspiracy theories abound that even using your private, secure wireless connection with an anonymous post, the company could find out what you posted. Don't use corporate WIFI to post here (duh).

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Post ID: @aw+1kwh6bxdq

@OP it will happen this month. I am in tech and I was informed in April about my job impact in early Q3. I was given an option to move to a core location which I declined.

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Post ID: @af+1kwh6bxdq

BAU...death by a thousand cuts

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Post ID: @ae+1kwh6bxdq

Remote workers got 'the call' in tech about Q3 job impacts in the last two months. Script doesn't change no matter how many quarters chainsaw scharts out.

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Post ID: @a3+1kwh6bxdq

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