Thread regarding Wells Fargo & Co. layoffs

CSBBO closures tied to “location strategy,” but they’re still offering OT?

It looks like the CSBBO closures are part of the bank’s location strategy, focusing on consolidating some sites while expanding others.

What stands out is that for the past three days they have been sending messages like this:

Overtime available today, November 2, 2025. Overtime is available for Everyday Banking English and Spanish Bankers for the rest of today and tomorrow. Please log in, and your leader will report your worked hours to Resource Planning for processing.

If sites are closing, why push overtime right now? It almost seems like they are trying to meet short term goals before more news comes out.

Has anyone else heard which sites are next?


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| 1391 views | | 3 replies (last November 4) | Reply
Post ID: @OP+1k969gfa8

3 replies (most recent on top)

@OP They did the same thing in CCS before they laid us off 10/28 in Oregon.

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Post ID: @cw+1k969gfa8

@c3

they haven't fired all remote (not hear a hub) employees. 2 still remain from the team I was just laid off from (for being remote and not near a hub)...

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Post ID: @ck+1k969gfa8

This is what happens when the leaders only focus on expense cutting. They slowed I&P hiring due to politics, terminating all full remote workers, and keep closing sites. Now, the asset cap is over and they want to grow but they are over capacity in most of the remaining sites. Maybe they think AI will solve all this but my guess would be at some point soon they are going to stop closing some sites because they'll eventually notice they don't have enough people or seats to support any growth.

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Post ID: @c3+1k969gfa8

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