We are bad but Wells seems to be doing as bad as we are. Things are getting ugly over there. They have 50,000 people working on the mortgage side, I would not be surprised if they were to let go over 20% of folks over next two to three years.
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The main question is how are they going about elimination? Are they paying very well out the door or are they whittling away the fat by firing unethically before the layoffs. Did the CEO take a huge bonus just before or after the layoffs for doing such a great job? Ethics and Merit set the banks and people apart. Ask yourself “is your integrity genuine”?
Does anyone have unethical reports on how the bank carries out there layoffs and firings such as -escorted out like cattle and speeches on how you should return to school?
Wells is well managed, when they cut it makes sense