Thread regarding Wells Fargo & Co. layoffs

Current composition of WF workforce and what to look froward to…

I’m trying to figure out how currently WF workforce is split. In December total employees count was about 216000. In January it is already 210000. I wonder what is a percentage US vs India &Co?

The other question is what’s the ration (pay wise). US vs India? It used to be 1:4 but I believe that offshore pays went up.

Final question, now that 2025 numbers were communicated to masses, how many resignations there will be after pay on 2/13 ( true ones not the ones from keyboard warriors)?


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| 1062 views | | 10 replies (last February 9) | Reply
Post ID: @OP+1kg5batj7

10 replies (most recent on top)

Count down to see how many resignations there will be after 2/13.
2/9 - 210100

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Post ID: @1wa+1kg5batj7

About 50k overseas, 150k domestic employees. Rest are contract.

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Post ID: @cb+1kg5batj7

@a4 and it continues to do so as all Indians want 5-10% raises and they don’t realize buying power going down.

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Post ID: @bz+1kg5batj7

@b4 and in specific groups 85%. I’ll never forget that Ops Risk All Hands in 2024 when they let one of our new I&P managers provide an update on I&P penetration (yes snicker but that was the term) and what the 12 month goal was. I knew it was the beginning of the end. And it was.

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Post ID: @bm+1kg5batj7

The minimum is 40% offshore. goal is 50%

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Post ID: @b4+1kg5batj7

Go to employee lookup > advanced lookup. Then use country code of USA, IND and PHI (or PHL) to look-up a breakdown by country

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Post ID: @a8+1kg5batj7

resignations after 2/13?

None since the Job Market is horrible

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Post ID: @a5+1kg5batj7

Keep in mind that the Rupee has depreciated by 10% in 2025 so outsourcing is 10% cheaper

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Post ID: @a4+1kg5batj7

Tech, half half.

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Post ID: @a2+1kg5batj7

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