Thread regarding Wells Fargo & Co. layoffs

Location strategy update

Any communication update?

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Post ID: @OP+1jn27kfy7

9 replies (most recent on top)

Managers don’t want to communicate the specifics timelines with their employees in the fear of losing their best employees without before the contingency plans are in place. In the mean time they act ignorant and pretend that it’s all up to HR and they that they are in the dark as much as we are.

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Post ID: @e7+1jn27kfy7

each LOB is doing their own thing on their own timeline. They all gave a master list of locations and up to each LOB and groups within each Lob to decide with locations, down the actual address, are considered core or specialty. Core for one may be specialty for another and while a region may be core for for two different groups, the buildings may not be.

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Post ID: @ds+1jn27kfy7

Roanoke did layoffs the end of 2024, Cacs and executive offices were let go. They closed the main Wells Fargo building downtown and renovating the location on Plantation. We were told hiring over 1000 later this year.

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Post ID: @dd+1jn27kfy7

If you are black then you get the axe. Or maybe the whip.

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Post ID: @ax+1jn27kfy7

Massive is coming massiveeee

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Post ID: @at+1jn27kfy7

There never has been a LS, just year after year of mass layoffs that they lie about. Charlotte and Phoenix were two of the top cities hit with layoffs so far this year. There are no "hubs", just people downsized a little later.

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Post ID: @aa+1jn27kfy7

Lots of deadwood in California. Easy pickings.

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Post ID: @a9+1jn27kfy7

Charlie’s Psyop year 2

Another nothingburger with a slice of gen ai

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Post ID: @a4+1jn27kfy7

You really narrowed down that question.

There is no update. WLS is still in full effect.

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Post ID: @a2+1jn27kfy7

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