Thread regarding Wells Fargo & Co. layoffs

End of year?

Is today the last day for layoffs for the year? Has anyone heard if there will be additional dated for this year 2023?

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Post ID: @OP+1tcGxDYF

20 replies (most recent on top)

How have you not been laid off yet? This is the problem with this company, laying of the wrong people

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Post ID: @1cjr+1tcGxDYF

@cyj+1tcGxDYF

Those employees don’t get 401k matches and are not bonus eligible so incentive to let people go.

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Post ID: @zhi+1tcGxDYF

August has been the largest month. At least in the last 3 years. Get laid off right before the kids go to school.

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Post ID: @cyj+1tcGxDYF

They'll stop when Hudson Yards and I&P are all that remain. Or whenever Shart gets fired and a person that isn't an evil POS becomes CEO.

There's no time of year that layoffs end. They downsized people during Employee Appreciation Week. They downsized several hundred in December right before Christmas. There's no magical safe zone on the calendar, because these evil people in HY don't care about anything but their stock options.

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Post ID: @ioj+1tcGxDYF

When the regulators refuse to remove the asset cap and consent decrees Charlie will be forced out. Then the bank will be broken up and the brokerage spun off to JPM. Meanwhile you can test AI on money movement and really any repetitive function to enhance productivity.

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Post ID: @mil+1tcGxDYF

Layoffs will continue until 2027, and may not stop until AI takes over most of our jobs in the next decade.

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Post ID: @fma+1tcGxDYF

actually, the layoffs will be over when they run out of people. :)

Cheers!

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Post ID: @qsr+1tcGxDYF

the beatings will continue until moral improves.

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Post ID: @vgt+1tcGxDYF

& I'll be a d-mba** & a id--t & a troll MF. Don't bother me none!

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Post ID: @pkn+1tcGxDYF

lol

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Post ID: @tcd+1tcGxDYF

I was told last week that location strategy will affect my job in Q3.

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Post ID: @bib+1tcGxDYF

Layoffs will never end.

Location strategy will eventually be completed. But “efficiency” layoffs will never cease.

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Post ID: @fcy+1tcGxDYF

Layoffs are part of the Wells Fargo culture.

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Post ID: @qww+1tcGxDYF

D-mb a$$

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Post ID: @omr+1tcGxDYF

You are either an id--t or a troll. I can’t tell which.

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Post ID: @nmw+1tcGxDYF

Hello Rumplestiltskin

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Post ID: @hhv+1tcGxDYF

It’s 2024

There will definitely be more layoffs. Boise is not a strategic location and it has heavily been implied that many people will still be laid off before year end.

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Post ID: @hlh+1tcGxDYF

NO. There will be layoffs every Tuesday after payday until the unforseen future.

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Post ID: @iri+1tcGxDYF

Why would you think that? Layoffs are year-round, except a few weeks.

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Post ID: @cpw+1tcGxDYF

CEO himself said 4th quarter severance costs will be high, right? 3rd Q to be heavy

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Post ID: @phw+1tcGxDYF

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