Thread regarding Wells Fargo & Co. layoffs

Armageddon layoffs are coming

3/3


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Post ID: @OP+1kj437av8

23 replies (most recent on top)

To add to my below comment, I feel like all these post just tease me. I get my hopes up only to be let down time and time again. Its depressing.

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Post ID: @v1+1kj437av8

Please be me, I've been waiting so long now fully remote, non-hub.

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Post ID: @v0+1kj437av8

@hd+1kj437av8

The entire purpose is the new sterilized style of remodeled office spaces is prepare them for the next occupants, not for you.

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Post ID: @kr+1kj437av8

@hp
Actually I think Ohio has much better talent pool than Iowa.

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Post ID: @km+1kj437av8

Of course, CS will wait until just before the next earnings report—March 12, 2026—to announce the Armageddon layoffs. Perfect timing to blame the carnage on AI, because nothing says "strategic innovation" like firing 1,500 people and calling it a "cost optimization." Meanwhile, they’re hiring a bunch of new managers from JPM, all relocated to Ohio—because nothing screams "future of banking" like moving from one midwestern graveyard to another. Will Ohio be the next Des Moines? Or just the final stop (wreck?) on Wells Fargo’s IT train? If AI really does lead to dystopia, at least we can regen Crosby, Sills, Nash’s Ohio. What a time to be alive.

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Post ID: @hp+1kj437av8

@gh
With the millions they've spent remodeling (ruining) JC in Des Moines, it's not going away anytime soon.

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Post ID: @hd+1kj437av8

@gz who says they can only do 1500 max?

They do way more than that per month

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Post ID: @h9+1kj437av8

They can only do 1000 to 1500 maximum. They already doing that from January 2026

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Post ID: @gz+1kj437av8

@gh

Many highly compensated managers here, hopefully we’ll get a golden parachute.

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Post ID: @gy+1kj437av8

Des Moines will be hit hard. That shithole should be gone within a year.

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Post ID: @gh+1kj437av8

Human sacrifice! Dogs and cats living together! Mass hysteria!

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Post ID: @ev+1kj437av8

This is the biggest since troglodyte announced the last biggest one 2 weeks back

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Post ID: @er+1kj437av8

Anyone see a deck for layoffs Concord?

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Post ID: @d2+1kj437av8

Are there move information about what’s coming on 3/3 or Armageddon is all that is available!

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Post ID: @d0+1kj437av8

I thought it was End of Days level and not Armageddon level?

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Post ID: @cj+1kj437av8

Some companies like Goldman have a one-and-done layoff cycle. Take everyone into a conference room and fire em at once. At least the survivors know there are no more layoffs and can get bacl to work. This company does it every other week, to stretch out 600 million in severance payments a quarter, having everyone using the Copilot for resumes instead of work. Well done, C suite, well done.

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Post ID: @bt+1kj437av8

For those in the know, is this spread around all the LOBs or concentrated in specific areas?

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Post ID: @bs+1kj437av8

I've seen a deck that eliminated my job as the go-forward solution for my area. I humbly request that the company hurry up and give me the 14 months of a good time that they keep threatening me with.

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Post ID: @b9+1kj437av8

Good, bring it on!

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Post ID: @ah+1kj437av8

@ab. You are projecting saying the op is stressing people out. Maybe a good number read op message with eager hope to be on the first on the list.

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Post ID: @af+1kj437av8

The victims aren't making things any worse than the execs already are, by acknowledging reality.

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Post ID: @ae+1kj437av8

Not a popular opinion I suspect, but maybe stop making such a big deal over and trying to building up any given week of lay offs. For any employee any round of layoffs is either nothing (because it didn't get them) or it is a personal Armageddon (because it did). We have no control over it. All you are doing is stressing yourself or others out. You are making the conditions of working here worse - the same thing we all decry senior leadership for doing.

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Post ID: @ab+1kj437av8

Yup.

Managers got the notice a week or so ago. I suppose they do this way, letting the news bleed out, because they hate productivity and morale. Everyone knows ots coming and freezes in place. Why work?

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Post ID: @aa+1kj437av8

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