Thread regarding Wells Fargo & Co. layoffs

Heard Sacramento is gone and Portland to follow

Any insights?

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| 1459 views | | 16 replies (last 11 days ago)
Post ID: @OP+1jjcqqs5d

16 replies (most recent on top)

Fin crimes EDDC group is there, at least they were a few years ago when I worked in fin crimes.

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Post ID: @ed+1jjcqqs5d

They haven’t hired since 2019 or so in Sac for Financial Crimes.

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Post ID: @e4+1jjcqqs5d

When I worked in fin crimes, there were about 80 or so in Sacramento. I believe those numbers have dwindled. There is also an element of ent. Investigations there.

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Post ID: @e3+1jjcqqs5d

Don’t quite understand “insights” are you in Sacramento or Oregon? This has been common knowledge or is it morbid curiosity about a coworker?

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Post ID: @cj+1jjcqqs5d

Some in Sacramento were offered to office in the Bay Area some were not.

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Post ID: @cg+1jjcqqs5d

The Barn isn’t in Portland bro, try to act like you know

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Post ID: @bj+1jjcqqs5d

Oh no, not the barn!

What will we do when nobody is left to ask about it?

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Post ID: @b8+1jjcqqs5d

Just heard some people in risk got laid off but not sure if they were offered relocation or not. So sad

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Post ID: @b1+1jjcqqs5d

Why would you think they'd stay open?

Didn't even know we had much in Sacramento. What is even there?

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Post ID: @b0+1jjcqqs5d

A union in those locations would have saved them!

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Post ID: @ay+1jjcqqs5d

PI and MSB wholesale - the rest to follow in Sacramento.

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Post ID: @aj+1jjcqqs5d

If it isn't in a core market, it's on the chopping block. No secret.

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Post ID: @ag+1jjcqqs5d

Portland is where all the crime and homelessness is because that's what the residents wanted for some reason 🤷

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Post ID: @aa+1jjcqqs5d

Portland has been on the block for a couple years. A few will remain, not much. Sacramento? It'd be a heck of a lot cheaper to house people there than SF. If one has to go it should probably be SF, but they won't. Ivory towers and all.

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Post ID: @a4+1jjcqqs5d

Is been known for some time that WF is leaving Oregon completely by the end of 2025

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Post ID: @a3+1jjcqqs5d

Insights? Beyond Portland offices -and Salem- closing is old, OLD news?

No reason Sacramento would remain a hub city for anything.

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Post ID: @a1+1jjcqqs5d

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