Thread regarding Wells Fargo & Co. layoffs


Anyone heard anything about consolidating teams in WFEF now that the lift and shift is complete?

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Yes they are being consolidated with the other asset intensive businesses. I would think they do this to cut jobs and lower expenses

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- see below

Wells Fargo Equipment Finance (WFEF) is a leading equipment finance provider in the U.S. and Canada with a portfolio exceeding $45 billion, more than 300,000 active customers and 2,500+ team members . WFEF provides a full spectrum of financing and lease options for customers equipment and capital expenditure requirements through Wells Fargo business, commercial and corporate banking channels, relationships with equipment manufacturers, dealers, distributors and direct to market. WFEF has industry financing specialists dedicated to Healthcare, Construction, Energy, Commercial and Specialty Vehicles, Marine, Rail, Aircraft, and Vendor Financing Programs.

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What is WFEF?

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