Thread regarding Wells Fargo & Co. layoffs

Today's layoffs starting off with a bang!

Wow... mass displacement already confirmed in WFVC and Corp Risk.

Any other groups impacted yet??

by
| 7255 views | | 23 replies (last ) | Reply
Post ID: @OP+1dhYMpKN

23 replies (most recent on top)

@dnu+1dhYMpKN What part of risk were you in? Mandy specifically said no layoffs last week in her AMA, curious if you reported up through her? Sorry for the layoff.

by
| | Reply
Post ID: @1plm+1dhYMpKN

I heard 60,000 displacements today..

by
| | Reply
Post ID: @dwx+1dhYMpKN

Marketing is safe.

by
| | Reply
Post ID: @dgh+1dhYMpKN

It's a tactic from HR to create misinformation and basically dilute this site until it's worthless

by
| | Reply
Post ID: @ylw+1dhYMpKN
  • Real Men of genius!
  • Mr. ‘imtheonlyonewhogotdisplacedtodaysoimgoingtogocreatefakenews‘ person
  • Yes you, oh master of the fakies
  • Fake me some more news!
  • We salute you!
by
| | Reply
Post ID: @iiu+1dhYMpKN

These are lies. It is all fake news

by
| | Reply
Post ID: @knv+1dhYMpKN

I’m in Corporate Risk and I have not heard a single word about displacements.

by
| | Reply
Post ID: @gfz+1dhYMpKN

I haven't seen anything in the news about displacements announced. "WFVC" is no longer a group name - it's SDI and CSBBO Customer Service. Where were there displacements?

by
| | Reply
Post ID: @auk+1dhYMpKN

@gyc+1dhYMpKN What? If the company gets hit with a $3BB fine like it did last year, that's puts a dent in profit. Asset cap def has an impact. Spending who knows how many millions on remediation that doesn't get addressed impacts profit.

The company can't just say f it and do whatever.

by
| | Reply
Post ID: @tgo+1dhYMpKN

WFVC is a huge umbrella. Which groups within WFVC?

by
| | Reply
Post ID: @tht+1dhYMpKN

Consent orders make not difference to operating at a profit as demonstrated over the past years - WF too big to breakup.

by
| | Reply
Post ID: @gyc+1dhYMpKN

@fom bc they are bloated.

by
| | Reply
Post ID: @bao+1dhYMpKN

With all the stuff the company is dealing with, why would they get rid of corp risk people?

Unless they're cleaning house and will actually focus on addressing the key consent order and other stuff.

by
| | Reply
Post ID: @fom+1dhYMpKN

I heard tech is affected

by
| | Reply
Post ID: @gok+1dhYMpKN

@csc, Why?? We have been saying it on this board for months. Marketing, risk and tech was next.

by
| | Reply
Post ID: @fji+1dhYMpKN

The OG RIP (RIP your career guy) called it again!!

by
| | Reply
Post ID: @qpq+1dhYMpKN

Post ID: @csc+1dhYMpKN

They just told them to go to zelle.

by
| | Reply
Post ID: @xvp+1dhYMpKN

Did you mean SDI? cause WFVC hasn't been called that in a year or so since AWIII joined

by
| | Reply
Post ID: @jlu+1dhYMpKN

I’m surprise virtual channels is getting any displacement

by
| | Reply
Post ID: @csc+1dhYMpKN

: @dnu+1
What groups in risk were let go? Surprising with all the constant hiring but sorry for the displacement

by
| | Reply
Post ID: @iwe+1dhYMpKN

@rgq I don't know what WFVC is, so that might be fake news, but my group in Corp Risk just got fu---d. No fake news there. We were let go through a god damn Skype call

by
| | Reply
Post ID: @dnu+1dhYMpKN

Fake news

by
| | Reply
Post ID: @rgq+1dhYMpKN

lol yup, wfvc absolutely gutted. about time.

by
| | Reply
Post ID: @ttn+1dhYMpKN

Post a reply

: