Thread regarding Wells Fargo & Co. layoffs

Layoffs next week

I hope it's not true, but I've heard there might be some smaller cuts next week. Is this true? Is there a way to find out where?

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Post ID: @OP+1nwZBXrk

14 replies (most recent on top)

Based on that link, it's almost like they are hiding the number for March.

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Post ID: @2ytd+1nwZBXrk

HR here … there were 3,000 layoffs in March 2023 across the company, so not sure about that link.

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Post ID: @1uss+1nwZBXrk

@1cte+1nwZBXrk thx for the link....it's not completely accurate since March 2023 is missing and that was a brutal layoff!!

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Post ID: @1isr+1nwZBXrk

Here is a site that shows all the states' warn notices: https://data.rgj.com/see-which-companies-announced-mass-layoffs-closings/?query=wells+fargo

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Post ID: @1cte+1nwZBXrk

Go to your state workforce site and look for the warn notice. It will show the layoffs for a given day that have been reported. Wells does a good job at reporting them

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Post ID: @1lpk+1nwZBXrk

Come on people, this is a company with 250k, there have been small cuts every week for the past 3 weeks. And it's going to keep happening until they reach their goal. Whatever that may be as it changes.

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Post ID: @jek+1nwZBXrk

Since chainsaw and his merry band of minions are he&& bent on getting rid of mortgage completely, I am assuming more underwriters, processors, etc.

I’m hearing sales will be on the block again too.

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Post ID: @iqf+1nwZBXrk

Any chance IT has some headed our way

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Post ID: @wpy+1nwZBXrk

no one here has any inside info. based on the past 18 months, the odds are there will be layoffs every month.

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Post ID: @rek+1nwZBXrk

I can tell you where, but it may not be helpful. The cuts are going to be spread across all business units and all geographic locations that are in the United States (not outside the US) except for the Hudson Yards location.

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Post ID: @xjh+1nwZBXrk

Please hit risk (especially in Auto Finance). We’re twiddling our thumbs and tripping over ourselves stateside looking for work (Manila does most of the heavy lifting these days). With only 6 months left in the year, I’d welcome the displacement and “paid” vacation. Good luck everyone. May the odds be ever in your favor.😏

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Post ID: @ioj+1nwZBXrk

“ Is there a way to find out where?”

Yes. Become an executive you dolt. Sometimes I wonder if I am at the same level of intelligence and awareness as the general populace. We’re all just be-bopping along living our best. Then mooks like you crawl out of the woodwork and make us look like Hawking, Einstein and Superman all rolled into one. Keep it classy poster, keep it classy.

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Post ID: @bvp+1nwZBXrk

500-1000 people a month are getting canned. It's often dispersed across groups so on any given day it doesn't seem like many, but it's adding up quick. Charlie won't stop until we're all gone.

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Post ID: @ugh+1nwZBXrk

This isn't news. There have been small cuts almost weekly for over a year now.

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Post ID: @kcd+1nwZBXrk

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