Thread regarding Wells Fargo & Co. layoffs

EFT Hun Layoffs

Our honorable leader in EFT keeps on laying off people in a technology hub location while remote and non hub folks seem put for now. What's up with that?

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Post ID: @OP+1tdA3ZZc

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I'm not critical at all, ten times over replaced by India and still remote, hanging around for some reason. Doesn't seem like a solid strategy, maybe my manager is the reason.

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Post ID: @qul+1tdA3ZZc

Most likely, a so called “efficiency” (i.e., cost reduction) layoff - based on the role’s relative criticality within LOB. These are top-down driven and unrelated to location strategy. A backfill req is likely to be posted in India, if not already.

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Post ID: @hfx+1tdA3ZZc

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