Thread regarding Wells Fargo & Co. layoffs

Sale of Former Wells Fargo bldg finalized

BREAKING: Sale of former Wells Fargo downtown properties finalized - Business Record https://share.google/mat8WI41aijFJoepJ


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| 2151 views | | 7 replies (last August 21) | Reply
Post ID: @OP+1k324spxs

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This is just a news article about how Wells Fargo is leaving Des Moines, IA. They have sold all of their buildings (4 buildings, parking garage and two lots) in the downtown area and moved most folks to West Des Moines into one building. Laid off approximately 1,000 employees since 2022 and didn't renew their naming rights to the downtown arena. How is a news article "tracking bait"?

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Post ID: @j4+1k324spxs

Nice try Bridget. Not opening that URL.

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Post ID: @fg+1k324spxs

WF dumping real estate at a big loss, once again. This is why I roll my eyes every time HY talks about cost savings. If closing buildings is such a big save, then embrace WFH for every roll where it's possible. We could easily be the most efficient bank in the nation, HY simply chooses not to be, mainly because voluntary attrition is all that they really care about.

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Post ID: @cp+1k324spxs

And? Nothing new to see here folks.

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Post ID: @b9+1k324spxs

@a4
Tracking what? Buildings being sold or closed? Puzzled by "tracking bait".

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Post ID: @b5+1k324spxs

Don’t fall for this tracking bait.

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Post ID: @a4+1k324spxs

Ok?

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Post ID: @a1+1k324spxs

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