Thread regarding Wells Fargo & Co. layoffs

WFA re-org?

It seems much of the bank is undergoing serious reorganization, is this coming to WFA? They continue to add staff and are not undergoing the same transformations

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| 1288 views | | 4 replies (last March 7, 2023) | Reply
Post ID: @OP+1lwz4yXg

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Leadership has been very clear about merging WBS into PCG channel. Covid just slowed down that process. Advisors side has been cutting & merging “spans & layers” for a while now. WIM group is their main focus.

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Post ID: @bne+1lwz4yXg

I was thinking about advisors sorry for the confusion

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Post ID: @xea+1lwz4yXg

Have you not been paying attention to WFA? They just let go three Division Leaders. They moved HHR to the Division opening up her position. Expect more changes.

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Post ID: @pyu+1lwz4yXg

Wells Fargo Auto or Wells Fargo Advisors? If you mean Auto, then I can personally attest to the fact that we’re adding staff (in Manila). Domestic hires seem to be flat, even in Hubs. I can’t really speak to Advisors, but I was under the impression that they were ramping down with portfolio reduction and recent attrition after bonuses were paid.

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Post ID: @dgh+1lwz4yXg

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