Thread regarding Wells Fargo & Co. layoffs

It’s confirmed - 10% cut in Technology

by end of year


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| 2191 views | | 8 replies (last October 26) | Reply
Post ID: @OP+1k89v57a2

8 replies (most recent on top)

Hope all you tech folks got your Christmas shopping sorted. Looks like whatever BE is up to, it’s not happening in the U.S. right now. Hopefully you’ve been sharpening your skills—especially your prompting game—while things are quiet. Yeah, the last few years have definitely slowed down around the holidays here, mostly thanks to the U.S. calendar. But with more tech shifting to India, that might change—Diwali just wrapped up there, so their work rhythm doesn’t line up with ours.

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Post ID: @jz+1k89v57a2

Please let it be me, please let it be me. Or if it can't be me, please let it be one of the many people on my team who are waiting to get the call. On my team, we're not scared about whether or not we keep our jobs. We're scared about being the last one left since each lay-off means there are fewer and fewer people to do the same amount of work.

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Post ID: @j9+1k89v57a2

This Tuesday will hit tech extremely hard. Most of us are scared for our jobs.

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Post ID: @h9+1k89v57a2

2026

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Post ID: @dq+1k89v57a2

Confirmed by whom? By BE?

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Post ID: @dh+1k89v57a2

Maybe not, but it's still more than they can do in 2.5 months. If the ONLY employees being downsized were tech, ok, they could do it, but tech isn't alone so if 3500 techies are going to have to go, it'll spill into next year. Especially since downsizing slows in late December and early January. It never comes to a complete stop, but it does slow dramatically during that time frame. It's happened every year for the last 3.

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Post ID: @c9+1k89v57a2

Thats only ~3,500, not a high number

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Post ID: @by+1k89v57a2

HR isn't capable of processing that many in such a short time.

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Post ID: @ag+1k89v57a2

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