Thread regarding Wells Fargo & Co. layoffs

Cuts

Cuts to contractors and SOWs will happen soon as tech budgets now have issues. Not sure how we can get to May and not have budgets and head counts in good standing. Hope FTEs are not next.

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Post ID: @OP+1gEVHup0

11 replies (most recent on top)

All contractors were cut in our department and we’re on a hiring freeze as well.

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Post ID: @5hzo+1gEVHup0

Every third Thursday of the month is the day for displacement announcements. This year we can anticipate this being a standard event and no line of business is safe.

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Post ID: @3qki+1gEVHup0

Who cares? I prefer a package than staying at this wf inferno he'll. When you are seeing half of the FTEs left and the are not hiring back the same amount of FTEs. You would want to be the next to get a package Rather than the ones staying with endless unpaid Overtime days.

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Post ID: @2khp+1gEVHup0

The big cut coming next week

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Post ID: @1gbe+1gEVHup0

Busey here,

SOW

Statement
Of
Work

This allows them to get around the 18 month thing for contractors.

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Post ID: @1wew+1gEVHup0

I'm not sure how/why we keep accepting the failure of our HR department to manage our headcount properly so we don't have to resort to hiring contractors to fill needed roles in a timely fashion.

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Post ID: @1jio+1gEVHup0

SOWs and Managed Resources

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Post ID: @1mjl+1gEVHup0

SOWs?

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Post ID: @1ufk+1gEVHup0

can confirm major cuts in tech across divisions

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Post ID: @1voe+1gEVHup0

Typical failed Chase management style. No surprise to anyone who knew how these people operated there.

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Post ID: @1mkf+1gEVHup0

How do you know this? Common sense?

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Post ID: @1vrv+1gEVHup0

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