Thread regarding Wells Fargo & Co. layoffs

Branches closing due to labor shortages

Looks like laying off as many people as we did might not have been the best idea...

Wells Fargo, Bank of America and other banks temporarily close hundreds of branches

https://www.bizjournals.com/bizwomen/news/latest-news/2021/12/big-banks-temporarily-close-branches-south-florida.html

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Post ID: @OP+1ev9wS3a

8 replies (most recent on top)

Didn't chainsaw announce 2ish years ago WF would be closing approximately 1,400 branches in the US? COVID is just giving them the excuse they need to follow through with this.

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Post ID: @5vnu+1ev9wS3a

What are branches?

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Post ID: @1iih+1ev9wS3a

Does that mean there will be fewer tellers coming here whining about how they’ve always been RTO?

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Post ID: @1hgg+1ev9wS3a

Half of them will be permanently closed by end of 2022 anyway.

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Post ID: @1moy+1ev9wS3a

Temp closures, no biggie.

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Post ID: @1reg+1ev9wS3a

Wait what? You mean all those new hires in Manila can’t help coverage?

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Post ID: @1cyx+1ev9wS3a

The first sentence of the article….

Big banks are temporarily closing branches across the nation as they cope with labor shortages and ongoing complications from Covid-19, including the arrival of the omicron variant.

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Post ID: @xvs+1ev9wS3a

Ah can you read, it clearly says the closures are covid related.

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Post ID: @rkr+1ev9wS3a

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