Thread regarding Wells Fargo & Co. layoffs

9404 headcount with 2468 in India under Corp Risk

Where is the finish line?


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| 1 view | | 14 replies (last 10 hours ago) | Reply
Post ID: @OP+1ktc8mqfk

14 replies (most recent on top)

Corp risk is not going anywhere. DF has dirt on everyone.

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Post ID: @15j+1ktc8mqfk

When we were about 10k I heard a 30% reduction was the goal.

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Post ID: @112+1ktc8mqfk

DF is also relocating to India. 0% US is the goal. Wake up people

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Post ID: @q7+1ktc8mqfk

@a9 yes, but they also moved some frontline to corporate risk: example is Gwen M’s team.

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Post ID: @fn+1ktc8mqfk

The goal is just DF and copilot - with DF cancelling the copilot subscription to better juice his bonus.

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Post ID: @ce+1ktc8mqfk

The crazy guy's been on a tear about Risk again lately. He must've woken up from another of his "special dreams" about DF.

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Post ID: @b4+1ktc8mqfk

1000 total with 60% in I&P.

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Post ID: @ar+1ktc8mqfk

Doing the needful takes much headcount.

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Post ID: @ap+1ktc8mqfk

Zero and zero is the goal. DF will be retiring within 3-5 years

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Post ID: @an+1ktc8mqfk

@a9 Not enough, headcount only down to ~9400

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Post ID: @aa+1ktc8mqfk

in recent months they reorged many groups out of risk and to the Frontline lob they were supporting

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Post ID: @a9+1ktc8mqfk

5000 total HC, ~50% in India

In line w/ other GSFIs, but greater dependence on I&P.

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Post ID: @a8+1ktc8mqfk

6500 corp risk 2000 India

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Post ID: @a2+1ktc8mqfk

7,500 in India
1 in US (DF)

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Post ID: @a1+1ktc8mqfk

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