Thread regarding Wells Fargo & Co. layoffs

8/25

Since everyone seems to think today is a big layoff day has anyone got a confidential meeting request yet ?

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Post ID: @OP+1ioRU0Gy

38 replies (most recent on top)

@3eyz+1ioRU0Gy
I spoke about this in another thread. There is a growing push to meet unrealistic demands. They want the majority of apps automated and users in the cloud in 2 years. It doesn't matter to them if it's not possible to migrate legacy apps - you'll do it or they will fire most of the team and spin up a team of devs that will make a cloud based alternative. It is one of the reason they are pushing so hard to standardize all development tools. It doesn't matter if you cant get 75% of our userbase working will all of their apps in the cloud in 2 years. They will gut the department and hire people who will drive for the outcome they want. If you are seen as dragging your feet or creating an obstacle - even if it is a reasonable way of thinking, or a valid issue - you're on the way out.

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Post ID: @3ymp+1ioRU0Gy

Funny how the comments that do not use a name but explain the CLT layoffs are because the person who runs it is all about doing what their told, no matter the outcome, keep disappearing.

I guess she’s not just the top guy’s favorite. Lol

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Post ID: @3eyz+1ioRU0Gy

In and by mid October, you will see the layoffs

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Post ID: @3ihc+1ioRU0Gy

I was laid off last year in August also

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Post ID: @1pkh+1ioRU0Gy

The code review team used automated tools, but you need a person to interpret the tool results. I guess not since they were all let go earlier this year.

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Post ID: @1txw+1ioRU0Gy

Agile and 3DA were both affected. They had been shoving both down our throats for the past 4 years, more recently 3DA and now that's out the window. They wonder why we have no confidence in leadership. Recession concerns have been around since the beginning of the year. Mortgage originations fell off a cliff in February. You can't tell me it took this long to adjust.

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Post ID: @1qiv+1ioRU0Gy

India isnt affected, rather they are moving our positions over there.

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Post ID: @1dhs+1ioRU0Gy

Mixed feelings for me.

got my wish and got tossed, as happy as I am to be out of that poisonous environment, I am going to miss the PTO afforded to me and worry about outliving my money.

Yeah, yeah, first world problems.................

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Post ID: @1hpz+1ioRU0Gy

In tech and I was affected today. It is a relief. I will relax and start looking for a new job soon. I won't miss the job, but I will miss my friends. Good luck to everyone out there going through this.

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Post ID: @bxt+1ioRU0Gy

They said they were getting rid of manual testers a year ago, finally happened. Their big push is for automated testing to replace manual testing, thing is, you can't. An 'automated' test is just a program that itself need to be tested. They 'automate' testing by having jobs run thru a series of batch and CICS jobs to see if they abend - big deal. Such a test would only have validity if they ran a baseline test, followed by a test of the changed runs, and then ran a comparison test of the output files. I wrote Attachmate programs by myself to automate a keypunch department 30 years ago. Their 'automated' testers cannot even write the Java script tests, they just run them... manually.

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Post ID: @bcl+1ioRU0Gy

@hnb. So their is no quality in CLT now. Explains a lot.

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Post ID: @aik+1ioRU0Gy

On PTO today, any idea which journeys in CLT lost SM's today?

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Post ID: @smo+1ioRU0Gy

Appears to be some of the quality control group & managers in consumer lending mortgage

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Post ID: @hnb+1ioRU0Gy

Consumer Lending Underwriting

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Post ID: @lev+1ioRU0Gy

We lost our most beloved Scrum Master today. His boss I guess did not know the impact he was making for the Product Areas in Home Lending. Very sad and very unfortunate.

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Post ID: @npr+1ioRU0Gy

@fhe+1ioRU0Gy

I would like to nominate this person for CEO as his mastery of efficiency and process in mind-blowing!

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Post ID: @myq+1ioRU0Gy

@hiv. That’s what happens when you bring in failed Chase leadership. More failure in your company also!

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Post ID: @nsu+1ioRU0Gy

Heh, tech WAS affected.

Me!

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Post ID: @ziu+1ioRU0Gy

@bjh. CLT was a shambles already because of their last layoffs that made no sense and left them a shambles since no one left knew the business or how to test code efficiently. I guess they wanted to destroy the rest of it.

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Post ID: @hiv+1ioRU0Gy

Today there were layoffs in merchant services

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Post ID: @knn+1ioRU0Gy

@rqx lol

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Post ID: @gqe+1ioRU0Gy

Got my notice at 9 am. tech in home mortgage

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Post ID: @hfj+1ioRU0Gy

Don’t think tech control is in this round .

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Post ID: @ovq+1ioRU0Gy

Was anyone offshore displaced?

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Post ID: @rqx+1ioRU0Gy

Layoffs in Property Management happened this morning

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Post ID: @kny+1ioRU0Gy

Updating my last comment, rumor has been verified as fact. Two managers within my department were let go this morning in mortgage account resolution.

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Post ID: @zwz+1ioRU0Gy

I find it laughable that people pushed into agile were laid off. Proves there is no plan and no sense from upper management.

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Post ID: @fog+1ioRU0Gy

Rumors are a couple of managers were let go in Account Resolution for mortgage and HEQ this morning. No official word.

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Post ID: @coi+1ioRU0Gy

120 in consumer lending tech

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Post ID: @bjh+1ioRU0Gy

Layoffs are happening in Consumer lending.

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Post ID: @rqv+1ioRU0Gy

One in tech control (so far)

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Post ID: @xrw+1ioRU0Gy

My scrum master also got laid off today.

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Post ID: @ayg+1ioRU0Gy

Scrum master in my team go let go today. I wonder if that group is the target?

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Post ID: @xvx+1ioRU0Gy

There are definitely layoffs today in Consumer Lending Tech, unclear how many.

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Post ID: @che+1ioRU0Gy

8:30 has passed in CST - safe for now

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Post ID: @hsi+1ioRU0Gy

"When I received mine last year, it was a call. "Hey. Got a second?" It was 8:30 in the morning. I knew right away."

What time zone are you in?

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Post ID: @ofw+1ioRU0Gy

When I received mine last year, it was a call. "Hey. Got a second?" It was 8:30 in the morning. I knew right away.

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Post ID: @shu+1ioRU0Gy

No, but when I do I'm going to click the "report Spam/Phish" button. Fix their a*s faces! It's WF professional thing to do

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Post ID: @fhe+1ioRU0Gy

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