I heard from two different managers in the same week that Feb/Mar/Apr 2025 is going to be a rough time for
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That rough time started when Charlie and Saul opened their mouths.
2026 layoffs confirmed. The OP!!
Charlie didn't hit the upwards to 1 billion dollars for severance for 2024.
It was a verbal threat.
Let's hold him accountable for it.
This serpent will be stepped onto.
Duh we know, layoffs will end when we are down to two locations Hudson yards and Hyderabad! Get used to it and ride the severance wave 🤣🤣🤣
Location strategy is an Fing lie. All of it. PR. Nothing more.
The “when” is unknown. Just read the email from your LOB Feb 2024 and you know about location strategy.
As long as Shart is the CEO there will never be a year without mass layoffs. There's no other reason for him to be here.
Whoops. You "accidentally" omitted the group name from the response I made to another post when you copied this one.
"I hear there will be layoffs sometime in 2025" -@OP
beatings will continue until moral improves
Are they ever going to announce the "end" of the layoffs?
What are the risks of this ongoing employment purgatory?
I would like to hear from all the new risk people on this board.
Now that the animal spirits have been unleashed, the likelihood of less regulation is propelling Wells Fargo stocks to new highs (up >22% in the last month versus 9-12% of its peers). Will/can it continue?
Completely agree - it’s a well known secret that there will definitely be more layoffs early first quarter. Sad…
Is there a timeline for Card Services?
We’ve been told my group in HR is finished with layoffs.
The vagueness is lame but Q1 is what I have been informed of also. It was being discussed and planned for at an offsite about 4 weeks ago now for CTO.
Ok