https://www.bizjournals.com/sanfrancisco/news/2025/10/14/layoffs-wells-fargo-job-cuts-wfc-severance-expense.html
The San Francisco-based bank has cut almost a fourth of its workforce from a peak five years ago, and the bank is still shedding staff.
No point moving to Charlotte or NYC if they ask you to move. Instead take a package/severance and bail out because you may move and then let go in 6 months. No loyalty left or value for talent. It is all about cutting cost as promised to the board by Charlie and getting his Bonus before bailing out of Wells.