Thread regarding Wells Fargo & Co. layoffs

Tuesday axe is falling

Cuts already being made in Des Moines

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Post ID: @OP+1jrwtnns7

34 replies (most recent on top)

over 300 displaced from control I am hearing

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Post ID: @m6+1jrwtnns7

I went to email someday today and bam zz. Total BS that youre working to get something done and people just disappear. The whole group and the manager were all gone today.

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Post ID: @ga+1jrwtnns7

In the end the only cities standing as CORE will be 3
Minneapolis
Charlotte
NYC
The plan and timeline was shared by management.
DesMoines in another year or so will not be core.
What groups in Florida got hit? WARN notice showed 90
Cali also showed a bunch
Showed small group on DesMoines.

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Post ID: @g0+1jrwtnns7

@bs+1jrwtnns7

The "logic" has been completely consistent. If you're in the US and not in sales or something required by law to be domestic, you're on the block. HYs plan is to contract, outsource, automate, or sell off EVERYTHING. It only looks inconsistent because it takes time to implement it. Over the long term their diabolical scheme is clear. FHY. Every last one of them.

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Post ID: @e3+1jrwtnns7

What a clown show—cloud team slashed, FH gutted, CTO’s bleeding (@ax, @br). Migrating 100,000 servers while firing the brains behind it? Pure genius. India’s “help” is a dumpster fire (@bc), and Des Moines—‘core site,’ my a-s—crams survivors into one crumbling building (@b4). Building new DCs while torching FH? That’s not a cloud migration; it’s a panic attack. No logic, just ‘efficiency’ BS (@bs). WFC doesn’t learn—same sc--wups, new bodies. Fear’s the boss here: speak up, you’re cut; sc--w up, you’re cut; exist, you’re cut. Chaos breeds abuse—managers pick names like it’s a dartboard (@b9). FU Shart indeed (@az).

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Post ID: @cy+1jrwtnns7

Seeing the aftermath this afternoon - Enterprise Functions took a hit.

Can't see logic, as core and non-core hit equally. Also, others in tech more broadly let go due to remote status and not meeting in-office expectations.

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Post ID: @bs+1jrwtnns7

I was laid off today and was part of the CTO org

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Post ID: @br+1jrwtnns7

Well if cloud got hit then that’s another nail in the cloud migration coffin. Another good idea totally mismanaged.

FH cuts? Like there aren’t enough challenges to DC migration they cut more people. What’s the over/under on how many months DC migration gets delayed.

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Post ID: @bg+1jrwtnns7

@ak+1jrwtnns7
That's some funny sh-t right there. You had to chatgpt that?
Yeah, ok. so most of it is right. FH had 2 execs "persue other opportunities" so that says something.

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Post ID: @bd+1jrwtnns7

Much of FH is already in India. Service from them continues to get worse. Stateside is shorthanded, India incompetent.

There will be over 100,000 Windows/Linux servers in the new DCs, not including containers. Cloud isn’t taking over.

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Post ID: @bc+1jrwtnns7

It seems Tech truly was affected.

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Post ID: @bb+1jrwtnns7

Of course, that makes it easier to justify destroying entire teams due to a "building closure". In the end the fake excuses will keep coming until we're all gone.

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Post ID: @b9+1jrwtnns7

Co-location is the next phase. Spread out teams will be no more if possible

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Post ID: @b6+1jrwtnns7

My old team appears to be retreating to a single-city team. No more spread across the county. Even those in the approved core cities have been eliminated. More so than by either age or salary would dictate.

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Post ID: @b5+1jrwtnns7

Des moines will continue to be a core site. The problem is they sold all the buildings but 2. And one of those 2 is for sale. The last remaining building in wdm needs a massive overhaul to fit the remaining people in like cattle 1 foot from each other

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Post ID: @b4+1jrwtnns7

Des Moines is considered a core site now but that will probably change.

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Post ID: @b2+1jrwtnns7

@ax+1jrwtnns7 So what did the cloud team do? Did you work on migrating apps or foundation hosting?
I have been laid off for a few years. Would appreciate some insight on how WF is becoming more (less?) "efficient".

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Post ID: @b1+1jrwtnns7

Not sure if this was already addressed, but the WARN Tracker website shows 14 employees in Des Moines were laid off 4/1 with a 6/1 effective date. Looks like this is the 11th round of Des Moines layoffs in the last 8 months. Scary thing is, isn’t Des Moines considered a CORE site?

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Post ID: @b0+1jrwtnns7

Many in tech laid off. FU BE. FU Shart. FHY.

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Post ID: @az+1jrwtnns7

Big layoffs on the cloud team today. I'm feeling pretty good at this point. Enjoyed my time at Wells but ready to move on. Praying for all who were displaced that didn't feel as good about it.

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Post ID: @ax+1jrwtnns7

Foundational hosting refers to the underlying infrastructure and services that provide a stable and reliable base for running applications, websites, or other online services. Core Infrastructure: This includes the fundamental components like servers (physical or virtual), storage, and networking that are essential for any hosting environment. Here are the characteristics of FH: Reliability and Stability, Scalability, Security, and of course Management and Operations. And at Wells we all know how stable and reliable foundational hosting has been. Sprinkler systems aside FH has been ok. However, some have convinced WF how inefficient FH has been -- thus lets migrate to the "cloud". Here, we get infrastructure as a service (IAAS). So all our spreadsheets that we made into web apps with huge ETL streams have slowly been migrated to this cloud IAAS. Now we pay the cloud vendors (mostly Microsoft) hu..g..e dollars. Another advantage of it being on the cloud is that all of WF can be assessed anywhere, India, Tahiti and timbuc too. So who needs WF Foundational Hosting when you got the cloud.

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Post ID: @ak+1jrwtnns7

If you use an application, or several, to do your job then cuts to the foundational hosting team may certainly affect your productivity….whether you know the name of the team or not.

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Post ID: @aj+1jrwtnns7

Foundational hosting = team that manages the servers/vm’s where your application lives…..

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Post ID: @ah+1jrwtnns7

@ad+1jrwtnns7

Thank you for the laugh.

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Post ID: @ag+1jrwtnns7

Big cuts in Commercial Banking today.

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Post ID: @af+1jrwtnns7

Got merced today. CB clt nc.

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Post ID: @ae+1jrwtnns7

@ab+1jrwtnns7 Show the class how unintelligent you are with a 4 word sentence, go ahead, we’ll wait. Oh you’re already done. Sorry, didn’t realize you were so skilled at it.

If you don’t know what Foundational Hosting is then it probably isn’t relevant to your situation is it?

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Post ID: @ac+1jrwtnns7

@a8+1jrwtnns7

WTF is Foundational hosting?

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Post ID: @ab+1jrwtnns7

Buh bye flyover country.

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Post ID: @aa+1jrwtnns7

Can we have a little more info please?

  • LOB
  • core or non core
  • approx how many affected in the above

Thx

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Post ID: @a9+1jrwtnns7

WEC, CIC, and remote all saw cuts from Foundational hosting.

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Post ID: @a8+1jrwtnns7

My mom just told us she got laid off. She's worked for Wells Fargo for over 10 years and thought her job was safe.

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Post ID: @a2+1jrwtnns7

fr OP: friend says teammate in Des Moines was cut

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Post ID: @a1+1jrwtnns7

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