Thread regarding Wells Fargo & Co. layoffs

Layoffs will not let up anytime soon

Layoffs have been ongoing pretty much through 2023 (typically the Tuesday after payday) and doesn’t seem that they will let up anytime soon. As to co-location displacements, from a tech perspective, wave 1, aimed at remote resources, is 2nd quarter, so impacts potentially beginning in early April. Managers already have the names of resources impacted in wave 1. Wave 2 will be 3rd quarter and will target locations with less than 15 tech resources. Each wave from there will hit non-hub locations in order of their # of tech resources (lowest to greatest).

Bumping this for info. Reposted from @eqt+1rnLfyzO.

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Post ID: @OP+1roJe3GV

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I’m in Technology and was told my job is only guaranteed through 1st quarter this year. I was told to get my resume ready.

Not fear mongering.

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Post ID: @3tkw+1roJe3GV

Yes this is what was told to us as well as I am in Tech.

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Post ID: @srt+1roJe3GV

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