Thread regarding Wells Fargo & Co. layoffs

q4 results

Not bad, glad to see outlook for 2025 is lower severance although that just means lower than the billion they planned for this year. Keep that stock up until early next month when my RSUs vest

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Post ID: @OP+1jhn0v088

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Year end 20 bil net income. Year end stock buyback 20 billion. Hmmm

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Post ID: @1gm+1jhn0v088

The severance expense was already booked. Expect layoff activity to be the same as 2024.

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Post ID: @e5+1jhn0v088

yeah, love that we post huge profits and they continue to sh-t on the workforce who make it happen. How do we organize a union?

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Post ID: @an+1jhn0v088

what is the projected severance amount?

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Post ID: @a5+1jhn0v088

Yay, time to sell. We earned this company $5B. Execs blew $4B of that on share buy backs.

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Post ID: @a3+1jhn0v088

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