That 2021 will be a better year. We were challenged in 2020, as individuals and as a company. My family had hard time, but we'll bounce back.
I hope that Wells becomes a better company next year. More employee centric. It'll be hard as I am not seeing that the current management has it in them.
Wells is going to get worse and the even worse as the year goes on. Layoffs always leave more work for the leftovers.
But in general, things are going to worse in the first part of the year, and then get much better at the end of next year.
You gotta' ride it out the best you can.
Happy New Year everyone, stay safe.
@1jry+18y5EDD8, terrible is an understatement
Just trust me. I know how terrible you guys are. Good luck on the outside.
Sincerely,
Someone in the know
Do not sit back and hope that 2021 is a better year.
Get up and make it one.
@ezh, what makes you think you won't be in that cut?
Isn’t it hilarious that lenders think they can rake in the profits by charging usurious interest rates to people who don’t pay their bills?
There is a serious flaw in that logic. And yet they keep on going back to that same old well. Over and over and over.
Just like the misinformed and uninformed masses didn't see 2020 coming, they'll again be blindsided(despite experiencing 2020)once again by a year twice to three times as bad as 2020.
Apparently, giving loans to people who can't pay them back isn't a good long term business plan. Roughly 67% of small business AND consumer loans are "Sub-Prime."
That's what banks do when they run out of qualified borrowers, they lend to unqualified borrowers in a game of extend and pretend, which works, until it doesn't.
Welcome to the "it doesn't" segment of the loose lending scheme.
10% more like 20% freeloaders
If you think 2020 was bad, wait until it turns 21 and starts drinking.
@Ezh be careful what you wish for.
I hope more layoffs occur so I can get a full bonus later on... gotta get rid of about 10% more of y’all.