Thread regarding Wells Fargo & Co. layoffs

What do we know so far?

Can people please share, if nothing else, BDs where layoffs have started? It's hard to believe that only a single person has been laid off so far.

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| 3863 views | | 17 replies (last March 6, 2024) | Reply
Post ID: @OP+1roUClCu

17 replies (most recent on top)

From the paperwork I received 70 of 187 in the decisional unit (not sure what that even means) were displaced. I know 9 people not including myself who were laid off yesterday. Commercial banking group.

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Post ID: @1imp+1roUClCu

We know that HY is full of full of a***holes.

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Post ID: @1spt+1roUClCu

Anyone displaced in Oregon today?

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Post ID: @uub+1roUClCu

Laid off in Chicago. My letter had 11 of 18 people “displaced” throughout NY, CLT, LA and SF. I Was read a script on the phone after 20 years of service. Have to navigate 16 different PDF docs to figure out severance and “non working leave”. Charlie gonna bury the stagecoach once and for all.

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Post ID: @oye+1roUClCu

@zhf+1roUClCu makes sense. Close a consent order related to conduct then ship the jobs to India. Nothing to see here

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Post ID: @iqy+1roUClCu

enough with the acronyms

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Post ID: @lqb+1roUClCu

Please let any one who is laid off because their job is going to India, keep severance letter close by. Not saying this is happening in every case , but in my instance I was laid off with a vary lengthy severance period and found out when I went to apply for unemployment that wells fargo reported that I had been discharged to the state employment agency. The unemployment office did not see it that way.

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Post ID: @cqc+1roUClCu

I was on a special projects team with around 1500 people working on it. Over half of us just got let go.

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Post ID: @wfd+1roUClCu

6 people in MD were displaced this morning estate care center.

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Post ID: @iej+1roUClCu

Bunch of people in EA already.

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Post ID: @vno+1roUClCu

Conduct Risk just got word that there were layoffs today. Not quite sure how many or what teams were impacted. Unrelated to hub strategy. Jobs going to India.

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Post ID: @zhf+1roUClCu

@kxp+1roUClCu
What LOB?

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Post ID: @lau+1roUClCu

Another one bites the dust (by Queens)
Let's go!
Steve walks warily down the street
With the brim pulled way down low
Ain't no sound but the sound of his feet
Machine g-ns ready to go
Are you ready? Hey
Are you ready for this?
Are you hanging on the edge of your seat?
Out of the doorway the bullets rip
To the sound of the beat, yeah
Another one bites the dust
Another one bites the dust
And another one gone, and another one gone
Another one bites the dust (yeah)
Hey, I'm gonna get you too
Another one bites the dust
...

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Post ID: @vub+1roUClCu

Ah....Blood Bath in Des Moines Guy is back at it! Thank you for reminding us just how stupid some people actually are! And no, there isn't a Blood Bath yet, but the people who are actually in Des Moines will let you know.

For those new to the board, "Blood Bath in Des Moines" Guy is a person who lives in Charlotte and hates hard working Midwesterners. He works in a shared cubicle and we just learned his mum drops him off each day with his Stanley Thermos. He's there Monday - Wednesday, and works from his mums basement on Thursday and Friday.

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Post ID: @zpt+1roUClCu

Just lost a key member of our team, CLT, in a hub

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Post ID: @kxp+1roUClCu

They’re wrapping up things while they still have system access. They’ll get to it

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Post ID: @uxu+1roUClCu

Most people’s first thought after being laid off is NOT to run to a website to let a bunch of strangers know. Settle down.

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Post ID: @dnv+1roUClCu

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