Just announced in Tempe wells Fargo yet again let all our employees at the Tempe operations Centers know that 300 people WILL be affected as early as 6 months from today...
Hundreds more in Shoreview Mn operations and possibly hundreds more in Charlotte NC.
This will be my 3rd layoff over a 20 year career at wellsfargo through acquisitions, hostile takeovers and today it's because of the poor handling, no accountability from the leadership and executives. The loss of revenue, market shares and saving the stockholders monies. It's the bottom dollar that's the cause this time..So hundreds and hundreds of people will now lose their jobs. operations has no direct connections with the scandals and the deceit and the fees operations are a cost center, from postage to the price of envelopes it's easy to be targeted by the executives to simply outsource it's entire operations and logistics for pennies on the dollar lets just eliminate the jobs to save the 2 billion dollars..as soon as possible they said.
Our so called leaders stated wells Fargo is selling operations and all its logistics to an outsourced vendor "unknown" to be reveled late January.
Some of the negotiations involves selling off the operation hubs and it's employees, even telling us that talks to buy all necessary and exisiting systems equipment to process operations.
all over a period of 2 years and as soon as June of 2018 major changes will happen.
Way to go community bank. ...there are literally thousands of people coast to coast In wells Fargo operations that are being used to save the sinking ships billions to cover for their activities and thousand of people to help pay with job losses...oh an yeah some will be "offered" severance packages !!
wells Fargo uses the media to promote it's donating and help in communities especially disasters and then quietly hush hushes their big layoffs keeping them under the 300-400 marks little by little...