Thread regarding Wells Fargo & Co. layoffs

Shared Services Operations scheduled Location Strategy Call for Feb 12

Karoline Kane will be elaborating on the 2024 SSO directive to move all non-customer facing positions into centralized locations.

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Post ID: @OP+1qZpWoxG

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They keep repeating the 2-3 year timeframe when some locations are scheduled to shut down in 2024... So much for candor and transparency.

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Post ID: @3eye+1qZpWoxG

Here's the six HUB locations announced for Shared Services Operations.

  • Charlotte, Des Moines, Minneappolis, NY, Phoenix, and San Antonio.

In limited situations, an employee might receive a relocation package.
The announcement said that the timeframe is the next 2-3 years.

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Post ID: @3wsq+1qZpWoxG

Here comes the axe. When it falls volunteer to relocate. If they say "no", you know it's a layoff strategy, not a location strategy.

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Post ID: @sje+1qZpWoxG

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