Thread regarding Wells Fargo & Co. layoffs

@vs the funny thing is my former manager actually claimed to be a believer but in reality she was nothing more than one of their puppets

@kc I often think that too someday.
All this that is happening and affecting peoples lives. Even though it's 'just business' there are still people behind it. You just don't do that to someone. It's cruel.
If someone were a believer, I would be terrified of how I would have to answer for one day for anything I had handled incorrectly. Not just work but interactions and relationships with people.

I got terminated without cause on March 23 after 2 consecutive inconsistantly meets ratings. It's very hard to a find any managers with integrity at Wells Fargo anymore. But those greedy mofos will get what they deserve one day

@jm ummm....what? Can you have Google translate?

Why FInet need to be in STL. After AG Edward’s , there was a senior leadership lobbied to keep this place with Frontenac investors peaked. They quit and took the business with them. Not sure who is powerful lobby now operating to keep WIM operations in stl

Sad to see a hub get tossed aside. Just cruel.

@ej the jobs difference isn't apples to apples though. Charlotte is hiring in all aspects of the Enterprise. STL is only hiring in WIM and they aren't really hiring that much across the country in general.
No other non-WIM group is hiring in STL though unless it's related to WIM.

@f9 I'm not seeing it unless maybe RIA? FiNet is here to stay as that's a major recruiting factor into W2 as well. Just feels like RIA is more difficult than they imagined as it doesn't seem to be progressing very much. But we've had First Clearing for decades.

Some portion of the WIM will be sold in the coming years. It is getting packaged. Don't assume anything about new hiring . Brokerage business is easy to sell in parts ( different channels/regions).

@bs please share whatever you are smoking. Right now there are 23 jobs posted for st louis and of those only 10 have STL as the primary location. By comparison there are 255 jobs posted today in Charlotte. And the st louis financial industry is shrinking. Stiffel has laid off, same with Ed Jones with their restructure. Its not like the jobs are there anymore.
It is very clear that stl is not a focus for WFA anymore. Will it close by 2030 like the rumors? Doubtful. Will it get reduced heavily down to 1 building for WIM associates? Yes that was already said outright in a town hall by leaders and is happening currently.

It’s unfortunate you’re stuck in Charlotte, especially with how high the crime rate has gotten there.

St. Louis has hardly any new posting for technology jobs. Same 18-23 jobs keep shuffling on website time to time. @OP is right. Campus looks dead at this point with amount of layoffs. Those were golden days when all 5 buildings were completely occupied.

@e2 generally, yes, but in this case that person's wrong as St. louis isn't going away anytime soon.

Yeah don't let the haters and "Negative Nancies" get you down, guy who gleefully lies about people losing their jobs

@ah
Who cares if they downvote. They downvote because it doesn't fit their narrative, not that you can make factual comments on this site or blow up the logic. The easy button is all they know and keeps them from engaging.

They’re still hiring aggressively in St. Louis. Even if Wells Fargo eventually winds down its operations there, the region offers plenty of opportunities for skilled workers. The state is also investing heavily — Missouri’s governor is putting millions of dollars into St. Louis and offering tax incentives to draw in new businesses and expand existing ones.

St. Louis isn't going away for most of WIM proper. Sorry, WIM Ops, you're already out, which I'm assuming the OP is in Ops

@ah

On a long-enough timeline, you'd be surprised at how many projections eventually become accurate.

I posted here almost a year ago that STL was goners. All I got were the downvotes and Negative Nancies. Look at you now.