Thread regarding Wells Fargo & Co. layoffs

Credit Risk

Seems like the layoffs in that group are minor compared to the rest of the risk org. Why?


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| 1472 views | | 8 replies (last January 20) | Reply
Post ID: @OP+1kf4n8s5j

8 replies (most recent on top)

Totally happy corporate risk location strategy exit today. Bring on the 14 months!

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Post ID: @va+1kf4n8s5j

Any updates from credit workout team today?

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Post ID: @v8+1kf4n8s5j

Not true. I was laid off today in credit risk. Happy to leave the dumpster fire!

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Post ID: @tt+1kf4n8s5j

how many risk modelers are on H1B?
Need to protect OPT and H1B, no one knows how to use Excel.

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Post ID: @f4+1kf4n8s5j

Some groups at WFC are hiring; others not. If WFC grows its loan book, it will need more credit risk modelers and managers.

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Post ID: @de+1kf4n8s5j

location based layoff performance based layoffs were executed to bring down credit risk headcount by 20% all the while not hiring since COVID

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Post ID: @ca+1kf4n8s5j

Maybe they didn't over hire during the pandemic too?

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Post ID: @an+1kf4n8s5j

more specialized

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Post ID: @a1+1kf4n8s5j

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