An acquaintance of mine at Wells Fargo moved about 100 miles north of Charlotte to a rural town to work from home as a full time employee during the pandemic.
He was blindsided when Wells laid him off earlier this year. No warning - suddenly he was out of work and miles away from a major metro area.
This management team will cut you loose in a heartbeat if they're told to, and promptly forget you even existed. We're just numbers on spreadsheets.
U.S. Bank is not original in any of its approaches. It is the knock-off version of Wells Fargo. They copy only the bad ideas from Wells, with poorer and more slip-shod execution.
Well I can tell you that Wells Fargo started laying off the people who are outside of their hub zones. US bank is not original in its approach
Where did you hear that the plan is to layoff 11,000 employees?
The overall plan is to layoff 11,000 employees by end of 2024. 6,000 layoffs have already happened since Jan 30.
Anyone asking this question should be looking for a new job. Too much writing is on the wall, and many people will not have positions by the end of the year. Historically speaking, the biggest and most layoffs happen after a presidential election