Thread regarding Wells Fargo & Co. layoffs

Wells Fargo seems to have plenty of money to hand out to everyone except for the people who work for them. What’s up with that??

  • Wells Fargo gives $1.5M to Atlanta group for Black entrepreneurship
  • Wells Fargo is donating roughly $420 Million to help small businesses stay open through their Open for Business Fund
  • Wells Fargo announces a $50 Million grant to NAACP
  • Wells Fargo donates $60 Million for program to help former inmates
  • Wells Fargo donates $25 Million to expand Latino home ownership
  • Wells Fargo donates $60 Million to advance home ownership in underserved communities, as part of $525 Million to support housing affordability solutions
  • TD Jakes and Wells Fargo partner to fund $1 Billion for Community Development.
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| 2151 views | | 22 replies (last December 1, 2023) | Reply
Post ID: @OP+1pIijJb4

22 replies (most recent on top)

@6uim

Please list all the current leadership team members from San Fran.

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Post ID: @9clc+1pIijJb4

Looks like they deleted my truthful post about a people like Charlie promoting co-mie policies that increase the cost of employing Americans then moving their jobs offshore where those policies don't exist.

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Post ID: @9qkh+1pIijJb4

And don't forget our support for the racist SPLC.

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Post ID: @6dbw+1pIijJb4

Leadership team is from San Fran and they are all a bunch of woke a$$holes.

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Post ID: @6uim+1pIijJb4

One of these days, Wells Fargo will donate 5 billion dollars to Ukraine, 5 billion dollars to Middle East and 5 billion dollars to Mexico. The money will come from cost saving strategy by outsourcing all US jobs to India.

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Post ID: @5suh+1pIijJb4

Really?! Let's focus on the fines people. That MONEY tells the real story of who and what WF leaders have believed in the last 10 years. Hint: it's not the communities we serve, it's not the auto or home loan customer, and it's not you.

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Post ID: @2dex+1pIijJb4

Just pay my monthly parking pass, alls I ask for :///

WF you bad.

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Post ID: @2gjm+1pIijJb4

What do you mean? Bei Ling fought for an won 5% merit budget.

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Post ID: @1cak+1pIijJb4

@qmv+1pIijJb4

Weird, I thought we were all supposed to be mad about institutionalized racism. But hey, apparently not. Yippee.

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Post ID: @psg+1pIijJb4

Amen!!! Its all for image and woke causes!! They treat their employees like garbage!! All I heard the last three years I worked there was AH leaders lecturing us how we needed to reduce spending and tighten belts, then media releases wpuld go out about millions going to black lives matter, black dogs R US, to build a crack smoking facility in Chicago, yada yada!! Its sick!!

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Post ID: @rfj+1pIijJb4

Those programs are funded out of the executive bonus pools.

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Post ID: @wth+1pIijJb4

They donate money all the time to many different organizations and causes. Always have. If you’ve worked for WF more than a minute you know that because it’s always on Teamworks. But sure, get mad about one program helping black SB owners.

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Post ID: @qmv+1pIijJb4

Post ID: @eyb+1pIijJb4

I feel certain that the CRA did not intend for banks to lay off employees (thus contributing to the problem) in order to fund low and moderate income neighborhoods.

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Post ID: @kje+1pIijJb4

“The Community Reinvestment Act (CRA), enacted in 1977, requires the Federal Reserve and other federal banking regulators to encourage financial institutions to help meet the credit needs of the communities in which they do business, including low- and moderate-income (LMI) neighborhoods..”

Last time I checked the CRA applies to us.

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Post ID: @eyb+1pIijJb4

Bbbbut don’t join a union guys! 😭 It’s better to whine about minorities getting handouts online

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Post ID: @jfe+1pIijJb4

It's been that way for over 10 years

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Post ID: @adw+1pIijJb4

Meanwhile, don't you DARE book a hotel that costs $5 more per night when traveling.

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Post ID: @pfr+1pIijJb4

don't forget all the money they spend on fines and settlements

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Post ID: @kvp+1pIijJb4

End of year tax write off and disingenuous “Hey We’re Woke” PR.🤐

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Post ID: @tar+1pIijJb4

Your performance is meets. Here’s your 3%

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Post ID: @urx+1pIijJb4

They are trying to purchase the reputation they’ve lost and cannot regain via any other legitimate means.

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Post ID: @tem+1pIijJb4

GO WOKE GO BROKE.

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Post ID: @nhw+1pIijJb4

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