Thread regarding Wells Fargo & Co. layoffs

Wells Fargo Layoffs 2018

Market keeps going up and down, there is a ton of uncertainty and people are talking about layoffs in San Francisco.

by | Post ID: @PLhETzM
3993 views | 2 replies (last )
Comment! It's anonymous! Reply to this post anonymously by submitting the form near the bottom of the page!

2 replies (most recent on top)

I wouldn't be surprised if Wells Fargo instituted a pay cut across the board for all full-time employees, such as, if you made more $80,000 you would get a 3% to 5% pay cut.

by | Post ID: @PLhETzM-jxf

Yes, San Francisco employees have a higher wage differential because of the cost of living, therefore, layoffs there would cut salaries by 25% versus North Carolina, Phoenix or other locations.

If they don't need them then it's a 100% cost savings. Even better for WF.

by | Post ID: @PLhETzM-agq

Post a reply