Thread regarding Wells Fargo & Co. layoffs

Whose Budget Pays for Severance?

Does severance come out of a managers budget? If so, what if they didn’t budget enough $$ for severance (they layoff more people than originally predicted)?


by
| 573 views | | 3 replies (last ) | Reply
Post ID: @OP+1kx6nmqew

3 replies (most recent on top)

Shart and baby face CFO talk about this every earnings call. Is this a serious question?

by
| | Reply
Post ID: @dq+1kx6nmqew

lob pays I thought

by
| | Reply
Post ID: @bk+1kx6nmqew

They aren't. In fact, they told a lot of LOBs to pull back on severance events for 2026. The layoffs that have occured and will were already budgeted.

by
| | Reply
Post ID: @a4+1kx6nmqew

Post a reply

: