Thread regarding Wells Fargo & Co. layoffs

WFA Layoffs

Is it true that WFA in St. Louis has experienced some 400 layoffs over the last two weeks?

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| 3818 views | | 15 replies (last November 29, 2022) | Reply
Post ID: @OP+1jSXXSs7

15 replies (most recent on top)

@4qqh+1jSXXSs7 I think you may be missing the point, one can point to countless studies showing businesses leaving behind unsafe hubs in favor of better ribs cities. StL has numerous examples of this happening.

The workforce may not primarily live in the city proper, but they are forced to interact with it and pay taxes to it.

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Post ID: @4xen+1jSXXSs7

@4xct+1jSXXSs7

The point went over your head. St. Louis City crime does not affect the workforce. The workforce does not live within the areas of the city where the vast majority of crimes happen.

This is an example of how statistics fail when comparing apples to oranges.

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Post ID: @4qqh+1jSXXSs7

@4uot+1jSXXSs7 Spoken like a true StL local. Keep hoping for that merger, it isn’t going to to happen. Until then enjoy your failed mu---r fiesta city, wether it is a statistical anomaly or not

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Post ID: @4xct+1jSXXSs7

@3fzg+1jSXXSs7

That is a misleading statistic based on the structure of the local governments.

If the proposed city/county merger ever happens, St. Louis would be the 9th largest city in the country with one of the lowest crime rates.

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Post ID: @4uot+1jSXXSs7

Not only is it one of the most violent places in the US, but it ranks in the top 10 for the WORLD

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Post ID: @3fzg+1jSXXSs7

Why did so many people vote down the post about St Louis being the m u r d e r capital of the country?

It is. Google it.

You may not like it, but that doesn't make it any less true.

If you ran a company, would you maintain a presence in the m u r d e r capital of the country? Probably not, right?

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Post ID: @3lwo+1jSXXSs7

There are so many low class managers in STL it’s sickening no business training or education literally the scourge of the industry.

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Post ID: @1owi+1jSXXSs7

St Louis is currently the ho-----e capital of the country.

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Post ID: @1euc+1jSXXSs7

I believe the last post is more likely, WFA is trimming people who got selected by the “AGE & Wage” Algorithm. That being when your salary has crept outside of your job’s salary range which impacts your bonus and exacerbated by the 57 - 63 year old age grouping, your severed/packaged out. Resulting in spot groups of 7-10 being laid off as was just done in the Bond Department.

It would be very telling for someone to do a forensic study/review of those who been severed that were not par of a business line being shut down looking at the relationship to age, salary and bonus.

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Post ID: @svr+1jSXXSs7

I wouldn’t be surprised but probably not all in 1 area. 20 here, 30 there. Been trimming like that for a while now.

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Post ID: @zls+1jSXXSs7

There have been quite a few “retirements” in WFA

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Post ID: @jnt+1jSXXSs7

That would be news to me. What areas in WFA?

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Post ID: @tjt+1jSXXSs7

How many Layoffs in St louis?

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Post ID: @pkg+1jSXXSs7

probably/hopefully

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Post ID: @psx+1jSXXSs7

Nope

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Post ID: @qvp+1jSXXSs7

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