As part of our multi-year strategy, we have made the decision to exit previous target locations over the next few years. Non-target markets include:
• Wilmington, Delaware
• St. Louis, Missouri
• New York, New York
• Salt Lake City, Utah
• Raleigh, North Carolina
• San Francisco, California (including Concord)
• Chicago, Illinois
If you are not in one of our target locations, please know that there are no immediate changes to your day-to-day responsibilities or where you work-business will continue as usual as we work through this multi-year journey.
34 replies (most recent on top)
Does anyone understand the ramifications of this for someone in Tech considering moving to the SLC (Main St) location? Am I understanding that they may be shutting down the location?
Greedy! I hope the CEO falls hard.
Offshore crud.
@ac Someone also said STL, is that true?
@g5 well from a reg perspective they have to care lol.
They don't care, in the slightest. There's a massive push to colocate entire teams that used to be geographically distributed. Does that sound like the actions of someone that cares about BCP and resilience?
@bd They can’’t fully staff in 2 offshore locations. It creates concentration risk. Another pandemic or major weather event would take out half the work force.
Forgot to point out the email also said (Concord) next to San Francisco for non target locations.
Today's hub is tomorrow's non hub
@bh not immediately, but yes
Does no more global OPS mean these sites are full closing down? SLC, SF, Raleigh and Chicago? Also, the email said these are target/core locations for CSBBO: Iowa, Dallas, San Antonio, Virginia, Charlotte NC, Phoenix (I may have forgotten one or two)
Just another phase in the fake location strategy. It's an excuse people. That's all it's ever been. The "location" WF is pulling out of is the United States. The road to get there will be littered with an ever changing list of "approved locations", which will inevitably be shut down one by one until it's all gone. I don't care if you location has 50 people or 10,000. They all go.
Is Birmingham Alabama site still getting closed this year? This is where credit card customer service services, they’re part of consumer global ops.
@an. Similar email went out to consumer lending ops
This is all ops groups.
@am well, are you in Ops? Under David Owen? Then yes
@an Global Ops is pulling out of SF, Raleigh, SLC and Chicago.
@as who?
What about Sacramento?
This is happening everywhere. Welcome to the Hunger Games. May the odds be forever in your favor.
CSBBO is part of Global Ops (GO) so is this all Global Ops?? What about Consumer Lending? They have folks in San Fran/Concord.
Does this affect customer service I'm raleigh nc???
technology got an email saying tech is not impacted
@a9 CSBBO is Consumer and Small Business Banking Operations.
Charlotte already has thousands of people working in Ops especially at the CIC compound.
All operations groups sent out similar emails today. The enterprise won’t have operations in those locations any longer, and it will take several years to fully be implemented.
The individual emails also said that these are ops decisions only, and have nothing to do with where other business functions may or may not choose to operate.
Yeppers!!! All fraud.. multiple locations there was an article that thousands of people would be let go in 2026 and they're moving over to AI Philippines and India.
Hmm great. Well Chin up
@a4 maybe leaves Scottsdale/Chandler, Charlotte, Minneapolis and Dallas.
@ab CSBBO is the Ops team for CSBB.
To further add to this, all Ops (Global Ops) is pulling out of SF, SLC, Raleigh and Chicago. Meaning no ops regardless of LOB they serve.
What's the relationship between CSBB (which recently merged with CL) and CSBBO?
@a9 Consumer Banking Operations? Just a guess 🤷🏼
CSBBO? For those of who don’t know every acronym please.
That’s the “we’re going to be cutting you but not telling you when” email.
so what are the target locations?
The fake location strategy layoffs will continue until the only locations left are I&P. FHY.
huh. so im in the list. Job at risk? or whut?
Im eating a sald right now maybe i should have kept for dinner
but its reaaly cold outside today too.