Thread regarding Wells Fargo & Co. layoffs

Layoffs today 9/17

Looks like CIB COO getting hit. Where else ?

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Post ID: @OP+1uyvT465

15 replies (most recent on top)

CIB is a disaster. WF does not have a clue how to run this business. The new guy they got could run a running business but is clueless about setting one up from first principles. Regulators should shut CIB down before we hurts someone with our incompetence.

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Post ID: @2lfy+1uyvT465

i know tech was affected

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Post ID: @2cgz+1uyvT465

@qqz+1uyvT465 I heard two MDs who were basically doing RCSA cleanup work. It made sense to me, you don’t put people at that level to do that kind of work without a reason.

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Post ID: @2bid+1uyvT465

Lost some Core Support people

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Post ID: @1kyw+1uyvT465

PTCT - colocated and in office unsure why

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Post ID: @jeg+1uyvT465

@agf+1uyvT465 MB or any of the cloud people?

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Post ID: @ilo+1uyvT465

CTO - 17 by my count were let go today

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Post ID: @agf+1uyvT465

Salem, OR customer service site laid off managers and team leads

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Post ID: @uis+1uyvT465

At least 3 remote people reporting up through Ellen K.

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Post ID: @huj+1uyvT465

Boise Escalated Complaints too

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Post ID: @esk+1uyvT465

5+ Consumer EO Managers at Barnhart Site in Hillsboro Oregon

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Post ID: @aqp+1uyvT465

What teams on CIB COO were hit?

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Post ID: @qqz+1uyvT465

Risk was hit too. Because they couldn’t see risk if it smacked them in the face.

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Post ID: @xpt+1uyvT465

Any Roanoke VA departments gone today?

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Post ID: @nmh+1uyvT465

Sad. They should close CIB altogether. WF does not have the required capital or the horses sense for it.

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Post ID: @lqe+1uyvT465

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