Thread regarding Wells Fargo & Co. layoffs

Tuesday Layoffs

On Tuesday, the Shared Services Organization will commence notifications to employees situated in certain non-core market locations regarding the relocation of their job functions to alternative geographical areas, including India. Employees within this organization should anticipate the occurrence of multiple phases of such relocations throughout the remainder of the current calendar year. It is important to note that this action will not be contingent upon the existence of any pre-approved medical work-from-home accommodations.

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Post ID: @OP+1jhetmeg7

17 replies (most recent on top)

  1. There are Shared Services groups throughout WF.
  2. Layoff schedule is not LOB specific. Layoffs will continue to occur across all LOBs until targets are met. What IS leader dependent is tumelines for non-core location displacements. Those timelines vary drastically. Some areas are done. Some areas don't seem to care and are hiring in non-core locations. Others have timeliness between now and 2027 to hit.
  3. Core locations vary by LOB. Doesn't do any good to ask if a certain market is core. Each LOB has published their core locations. Check out TeamWorks or speak with your manager for specific details.
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Post ID: @jf+1jhetmeg7

@e1+1jhetmeg7

JL’s team under Lola

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Post ID: @es+1jhetmeg7

I heard that they are now tracking total time spent in the restrooms through RFID readers near the toilets that detect your badge.

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Post ID: @ee+1jhetmeg7

For the love of god pick me already, Jesus fu--ing Christ I’m so ready.

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Post ID: @e4+1jhetmeg7

@cj+1jhetmeg7 Any details on which part of CIB COO?

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Post ID: @e1+1jhetmeg7

I wish they would hurry up and notify me but nothing yet.

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Post ID: @d6+1jhetmeg7

Can anybody share the 2025 AU for laid off people?

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Post ID: @d0+1jhetmeg7

Which LOBs have Shared Services? Any specifics on which org?

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Post ID: @cz+1jhetmeg7

Also a group in CIB COO

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Post ID: @cj+1jhetmeg7

Shared services is a legitimate group, one exists within Consumer Lending - I am part of it

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Post ID: @ce+1jhetmeg7

there is such an org

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Post ID: @cc+1jhetmeg7

@a2+1jhetmeg7

If you don't know by now, I don't know what to tell you.

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Post ID: @bx+1jhetmeg7

There is no such Org. Boy these guys really like to stir things up. Hehehehe. Lmao.

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Post ID: @bb+1jhetmeg7

Yes. Winston Salem is a NON CORE location

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Post ID: @b5+1jhetmeg7

which shared services org?

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Post ID: @az+1jhetmeg7

The USA is a non-core market.

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Post ID: @ab+1jhetmeg7

Does anyone know what a non-core market location is? Is Winston Salem one?

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Post ID: @a2+1jhetmeg7

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