Thread regarding Wells Fargo & Co. layoffs

Is there any truth behind the control teams rumored layoffs?

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Post ID: @OP+1h99YlDp

13 replies (most recent on top)

Its looong overdue

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Post ID: @1cmh+1h99YlDp

That’s NH’s plan, he wants to cut all the redundant Programs staff and keep the rest under KP.

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Post ID: @1dhm+1h99YlDp

Well it would make sense since they brought everyone into one org - there has to be redundancy.

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Post ID: @1fpl+1h99YlDp

OP: I was told by a reputable source, it's happening tomorrow. And Tech is affected too.

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Post ID: @slg+1h99YlDp

the corporation was reflective of the us empire

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Post ID: @evp+1h99YlDp

Wow, imagine how much time the 700+ fake interviews would have taken if Charlie hadn't paused that little diversity farce.

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Post ID: @jlz+1h99YlDp

Looking at workday right now (6/9). There are 370 postings with the keywords “control management”. Of those results, 83 contain “control management officer”.

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Post ID: @tep+1h99YlDp

Yes. Long over due. If you want to control your destiny get out now. Pray that your not one of the 'survivors '. The amount of sh!t coming to them will be unsustainable.

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Post ID: @jid+1h99YlDp

This bank is a dump3ter fire so expect the worst. Sad, true.

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Post ID: @upt+1h99YlDp

@aoy+1h99YlDp spot on
Wash, rinse, repeat

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Post ID: @aza+1h99YlDp

There are usually a few steps involved.

  1. Get rid of a few middle managers
  2. Hire a few Director and Executive level mgrs to replace, no direct reports
  3. Wait a month or so for those levels to get some knowledge of team functions
  4. Get rid of a few managers and move entire teams to various director+ levels, so you have these levels with 20-30 reporting to them
  5. Announcements come at this point (get resume updated) about upcoming reorgs
  6. Managers and teams are shuffled around in whole
  7. Layoffs hit both first level mgrs and peons.
  8. Reorg new structure
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Post ID: @aoy+1h99YlDp

Bruh. It will definitely happen. Not sure when, but you don’t consolidate all those people together without hopes of slashing expenses in the form of headcount. Don’t let anyone tell you otherwise.

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Post ID: @bjq+1h99YlDp

Is it known yet when it's supposed to happen, if it's happening?

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Post ID: @vxl+1h99YlDp

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