Thread regarding Wells Fargo & Co. layoffs

They are laying off the recruiters.

They’re laying off the recruiters.

And if you’re not a recruiter like me and you’re not living and breathing on LinkedIn, you’re probably not seeing this.

But the majority of people that I’m seeing recently laid off are the recruiters. And you know what that means? That means they’re not hiring. We’re not hiring.

And they are going to tell you that it’s because this work is being replaced by AI. But we are not there yet, not collectively.

We still need recruiters and they’re being laid off in massive numbers. And I have not seen this since 2008 when things were really bad.

They are not hiring. They are firing recruiters. That is a very bad sign.

Bye.


by
| 2794 views | | 18 replies (last November 15) | Reply
Post ID: @OP+1k9gpd7qy

18 replies (most recent on top)

@ce Wells does not care how many requests a team gets daily. They dont even care if the employees are supporting regulatory work. They will be automating and using AI to do the recruiting role and they will be sending the sourcing role over to India and Phillipines just like Risk Management and Compliance just did to many US based Regulatory Compliance experts. If they dont care about the quality of regulatory work they certianly do not care about keeping your job US based. Let CoPilot and AI do the job and let the India Phillipines team keep asking to take our jobs. Then wonder why there is a lack of appreciation for the global teams. They offer to work inhumane hours and shifts to prove they offer more than Americans and Wells encourages that by saying yes. Of course India Philippines employees are happy, they yet again took jobs from Americans.

by
| | Reply
Post ID: @1c6+1k9gpd7qy

@d1+1k9gpd7qy

A matter of time. You'll see.

by
| | Reply
Post ID: @ms+1k9gpd7qy

8% reduction for 2026 across Tech. (Split between efficiency and now AI saves). I would say app screening can be done quite well by AI. Maybe in years past they didn’t lay off recruiters over 11 years. Well IT IS A NEW DAY AND WELCOME TO AI. RECRUITING EASY 10% REDUCTION.

by
| | Reply
Post ID: @dr+1k9gpd7qy

@d1 its tells us you are naive. Why are you even on a blog thats for layoffs? You will never be able to relate until you are displaced. You input is simply not applicable in any capacity nor to the person you are attempting to debate your point with.

by
| | Reply
Post ID: @d2+1k9gpd7qy

@d0

My team doesn’t lay anyone off. And I’m not “blind” to anything lol. I’ve been here for 11 years and I’m very much in the battle just like anyone else.

OP said recruiters were being laid off, and at least in CSSB recruiting, which is by far the largest recruiting area of the bank, it’s simply not happening. I’m not really sure what else tell you…

by
| | Reply
Post ID: @d1+1k9gpd7qy

@ce why are you on here trolling a layoff blog if you are actively employed by a team that just displaced DOZENS AND DOZENS of people. As a recruiter you can not be blind to this and try to pretend it isnt happening

by
| | Reply
Post ID: @d0+1k9gpd7qy

@ce its coming for you, dont belive naive. Screening candidates can be done by the sourcing team and AI.

by
| | Reply
Post ID: @cz+1k9gpd7qy

The cut last week was risk management and expected to be 3000 people to meet DFs staffing goal. The dont need recruiters to screen people when they think the job can be done by AI. The jobs that are available are BS and sit out there to make you think opportunity awaits. Like the one Leader posted in her company wide email, after they displaced dozens they will be staffing from the "early talent" so cheaper less experienced people. It tell you they think anyone can do everyones job. In RM last week a previous colleage said that the OW report showed that almost every person cut was over 40. How is this not a case for age discrimination.

by
| | Reply
Post ID: @cy+1k9gpd7qy

@OP
, spot-on—firing recruiters screams “we’re done hiring,” just like 2008. But don’t buy the “AI replaced them” lie yet; it’s cover for freeze-outs while C&C bullies cling to power. Soon AI will be the recruiter—vetting resumes, matching skills, even interviewing via agentic tools. JPMorgan already uses AI Coach for talent; Amazon’s 14,000 AI-driven cuts included automated sourcing. Wells Fargo? Still stuck in SSIS/EPL he-l, sabotaging Agile and cloud while DEI ethics stalls real AI progress.Cynics mocking AI’s 5-minute saves (@aa
from the other thread) or claiming “we’re not there yet” will be unemployable. Edmondson’s safe teams treat AI as a teammate (Pixar embraced tools to save Toy Story 2); Wells Fargo’s fear culture—scandal → Agile flop → cloud mess → recruiter purge—exposes org rot and weak HR. No psychological safety = no AI adoption = eternal lag.Current employees: Build your personal AI model NOW—log every task, tool (Snowflake > SSIS), platform, cert. Use Wells tuition reimbursement for Prompt Engineering, LangChain, or AWS/GCP AI certs. Document abuses, quietly quit, job search—JPMorgan’s hiring AI-literate talent.Recruiters getting cut: Pivot fast. Learn to train/agentic AI on candidate models; become the human-AI hybrid firms need. Unlearn Wells toxic practices.Don’t wait for Engle’s $22M “reforms” or Columbus hub miracles. File EEOC complaints or join Wells Fargo Workers United anonymously. Read The Fearless Organization for fearless banks. My mission: fearless workplaces. There’s a better option!

by
| | Reply
Post ID: @cg+1k9gpd7qy

Recruiters generally have no legitimate skill sets and could be replaced by just about anyone.

If you can operate Outlook and read a series of prepared questions, you too could be a recruiter.

by
| | Reply
Post ID: @cf+1k9gpd7qy

I am a recruiter in CSSB. I have no idea what OP is talking about. On my team, every one of us is slammed, with probably 30-35 requests each. Our sourcing team is equally slammed. It is chaos. There is a huge emphasis on adding licensed branch bankers (relationship bankers and senior premier) and they aren’t easy to find.

Sure, there are some who simply are underperforming, aren’t adhering to RTO, and they will be displaced. But I don’t know of a single recruiter who is in a hub or a specialty and performs to standards who has been displaced.

Not one.

by
| | Reply
Post ID: @ce+1k9gpd7qy

@as going on every thread on the site to post about getting the bozack can get the bozack.

by
| | Reply
Post ID: @c9+1k9gpd7qy

If there are 'masses' of recruiters, they need to lay-off a few. With the quick exchange of email and even Teams... The ability to meet 'face-to-face' over Teams and Zoom... Immeasurable information at your fingertips...

No need for 'masses' of recruiters.

by
| | Reply
Post ID: @c6+1k9gpd7qy

They may still need some recruiters but the days of endless filings while simultaneously laying off people are over as they should be.

by
| | Reply
Post ID: @bv+1k9gpd7qy

Well………..bye.

by
| | Reply
Post ID: @b7+1k9gpd7qy

It's hard to have sympathy for WFC's HR, but still, being let go around the holidays can get the bozack.

by
| | Reply
Post ID: @as+1k9gpd7qy

Don't need recruiters if they plan not to hire anyone.

by
| | Reply
Post ID: @a2+1k9gpd7qy

1,000% incorrect.*

  • HR Manager
by
| | Reply
Post ID: @a1+1k9gpd7qy

Post a reply

: