Thread regarding Wells Fargo & Co. layoffs

Iowa Layoffs Yesterday

Apparently there were 52 people given 60 day notices yesterday between Ankeny, downtown, and West Des Moines locations. Not huge numbers, but that brings the total for the last 30 days to 200 people for the state.

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| 2902 views | | 22 replies (last August 2, 2022) | Reply
Post ID: @OP+1hX11jaV

22 replies (most recent on top)

It Was 111 closer, funders and UW in Portland, ORE were laid off, as usual no hard numbers allowed to be viewed on final call, had two hours to exit the system.

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Post ID: @4raz+1hX11jaV

I'm in DSM and have applied internally to a couple dev positions. One listed DSM the other did not, wasn't an issue. On third round of interview with the "not" position. Tech is pretty well protected from any layoffs, especially if you're a developer. We are so behind on tech (as you all know) that Wells can't afford to lose anymore. Why do you think they softened RTO specifically for tech? Agile/Scrum team? Then you probably come into the office 1-2 times per month.

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Post ID: @4xof+1hX11jaV

A former so called leader of the country showed a young generation to be a character rather than show character. There’s your answer.

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Post ID: @3aug+1hX11jaV

Amazing that WF employees in different cities attack each other instead of supporting each other when layoffs come.

You either show character or you have none. I guess we know which.

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Post ID: @3rfk+1hX11jaV

In Maryland: Frederick campus

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Post ID: @3ted+1hX11jaV

Where in Virginia will the layoffs happen?

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Post ID: @2xvl+1hX11jaV

@1fgb+1hX11jaV DSM workers have the ability to make decisions, unlike the condescending pricks who log on (notice I didn't say work) from Charlotte. DSM workers would be even more productive if they didn't have to correct all of the sc--w-ups from the East. Minneapolis and DSM are the reason CSBB has any sort if efficiency.

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Post ID: @1ykt+1hX11jaV

DSM workers are garbage. Mostly lifers who have no where else to go so they only leave when laid off. Way too much drama and entitlement with that site.

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Post ID: @1fgb+1hX11jaV

Considering the fact that there are only 300 people in the entire state of Iowa makes that 200 layed off a point of significance.

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Post ID: @1bfz+1hX11jaV

A competent leader would not require /support this sh!t location strategy.

In reality, the location strategy is focused on India/Pillipines where working for peanuts is accepted.

It’s the old trick where you look here while the real changes take place here… smoke and mirrors to deflect the hard working US rank and file in another direction. I would not be surprised if we are at 50% offshore now…

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Post ID: @1hxw+1hX11jaV

In June that guy in charge said he may reduce the mortgage business. Part of the plan in motion maybe.

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Post ID: @1tgh+1hX11jaV

There are different hubs for different functions/LOB. One can be exiting DSM while another has it listed as a grow site.

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Post ID: @1epn+1hX11jaV

Minneapolis? Didn't that city just burn to ash 2 years ago because a felon overdosed while being arrested? No serious person can think any corporation is moving to a POS like that.

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Post ID: @1tlu+1hX11jaV

Actually we are hiring a huge amount of sr tech people on my team in des moines right now... you must just be some call center cloud with strange fantasies. 10,000 Indiana can't do the amount if tech work 500 engineers in iowa can. That's simply a fact

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Post ID: @1iti+1hX11jaV

It’s true about Des Moines in terms of location strategy. The majority of the jobs in DSM are clerical or ops in nature. Big shift to India. Ever notice how the higher paid postings never say DSM? Writing is on the wall.

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Post ID: @1rxa+1hX11jaV

I call BS there are over 13k employees in the des moines area. They aren't moving all of that to Charlotte and Minneapolis.

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Post ID: @oio+1hX11jaV

Where in Maryland Will there be layoffs friend ?

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Post ID: @lqz+1hX11jaV

All jobs in Des Moines are being moved within the next 5 years. It is part of Well's strategy to location functions in Minneapolis and Charlotte.

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Post ID: @uph+1hX11jaV

What about Ft Mill, were they impacted?

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Post ID: @fje+1hX11jaV

A lot of mortgage stuff in Des Moines.

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Post ID: @mca+1hX11jaV

I'm afraid these jobs will never come back in the US.

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Post ID: @aug+1hX11jaV

Way more coming for Iowa this year. 4 digits or higher. Maryland, Utah, Virginia, Missouri, and one other I can’t remember currently.

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Post ID: @hdi+1hX11jaV

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