Thread regarding Wells Fargo & Co. layoffs

Is there any truth to October 12 layoff rumors?

Please don't troll with that RIP cr-p, I'd just like to know if anybody has any real info on whether something big is coming on that date or not.

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Post ID: @OP+1dcPhwbE

16 replies (most recent on top)

FAKE NEWS NO LAYOFF ON 10/12

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Post ID: @3fjj+1dcPhwbE

October should be interesting

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Post ID: @2ivp+1dcPhwbE

Unfortunately layoffs are at every level. There is a massive PB1/2 shortage in the DMV area with tons of banker openings, yet they are still chopping away, laying off a few bankers and shuttering whole branches here….

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Post ID: @1qqf+1dcPhwbE

It's a shame so many people missed the humor in @agw post. It was spot on.

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Post ID: @1uyg+1dcPhwbE

Wells is laying off? What?

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Post ID: @1mtw+1dcPhwbE

I'm sure there will be rolling layoffs for the next 2 years. We got re-orged in July and lost about 3-4% of our people out of about 150. There were probably 5 or so others in our org that left and were never replaced.

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Post ID: @1deh+1dcPhwbE

@qgt+1dcPhwbE If that is true, I would say layoffs for sure.

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Post ID: @1hzc+1dcPhwbE

May I ask what line of business your are in?

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Post ID: @1zmq+1dcPhwbE

they are getting rid of most of tech; bringing in experienced contractors to do the work for current architectures

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Post ID: @agw+1dcPhwbE

LOL, "I heard tech is affected." Come on, think of something new to write, ding do-g. Yes, people will be let go that day, same with every other day of the week. Wake up, it's not a single day that they lay people off.

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Post ID: @vgp+1dcPhwbE

I just love how management is transparent and creates drama by calling a meeting and not providing an agenda... must give them a sense of power. WF is fu--ed.

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Post ID: @qmu+1dcPhwbE

@qgt Thanks for posting actual info.

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Post ID: @zgl+1dcPhwbE

Anybody that has any real information is under a gag order so don't expect anything here.

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Post ID: @gse+1dcPhwbE

My LOB of about 55 people has something called an "all hands" meeting early that day, which isn't something we've done before, and it includes my direct manager, her manager, and a manager above them.

We've asked for an agenda, but my manager's manager just said it won't be discussed until the day of.

Could be just a coincidence, but seems ominous.

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Post ID: @qgt+1dcPhwbE

I heard tech is affected

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Post ID: @hqs+1dcPhwbE

You might find out on the 12th if you come back here then.

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Post ID: @eks+1dcPhwbE

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