Thread regarding Wells Fargo & Co. layoffs

Email announcing layoffs

Email announcing layoffs in processing, underwriting, closing, product support and production management. No mention of specific locations.

Realignments in Charlotte and Des Moines to home equity.

Has anybody else seen or heard of this email? Is this legitimate information?

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Better yet get rid of them all.

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It's interesting that the original poster of this particular thread identified that WF was laying off 40% of HR staff are we surprised?

Based on my personal experience and revelations in the past year that WF was run amok and employees did whatever they wanted and enjoyed doing it too, because it pleasurable to them and if it tasted or felt good then go with the groove.

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I know there were numerous layoffs in the Mortgage department in Philadelphia

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Why department are you in?

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Just got called into a meeting for HR team members and 40% of us are being let go. From what we were told, the bank is discontinuing phone support for team members and managers. All support will be done by an online form (and I suspect the work will be done India).

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