• 23 Apr 2009 at 8:33 AM

Layoffs Watch ’09: WB/WFC

By Equity Private

Apparently there will be “massive” cuts, in the range of forty percent, beginning today and lasting through the week for legacy Wachovia employees in LevFin, M&A, DCM, IB, etc.

Comments (15)

  1. 1
    Posted by guest | April 23, 2009 at 8:44 AM

    WACHOVIOWNED

  2. 2
    Posted by guest | April 23, 2009 at 9:24 AM

    Only a matter of time, everyone I know at Wachovia/WF has been expecting it since the merger. I’m surprised they waited even this long.

  3. 3
    Posted by guest | April 23, 2009 at 9:52 AM

    Where are the people who are being laid off? NC or CA or both?

  4. 4
    Posted by guest | April 23, 2009 at 10:40 AM

    “LevFin, M&A, DCM, IB”
    Wach and WF had these departments? What for? Did they do any deals of any note, ever?

  5. 5
    Posted by miami | April 23, 2009 at 10:53 AM

    Every cloud has a silver lining, now those guys can reach their full potential as ditchdiggers, NFLX sorters, or street criers.

  6. 6
    Posted by Gordon Ghetto | April 23, 2009 at 11:08 AM

    Did Wachovia ban DB? Not many comments.

  7. 7
    Posted by guest | April 23, 2009 at 11:47 AM

    Wow,is it just me, or does absolutey no one care? There aren’t even any comments about being inbred in the South …

  8. 8
    Posted by guest | April 23, 2009 at 11:48 AM

    Wow, is it just me or does absolutely no one care. There aren’t even comments about them being inbred, or stupid southern hicks …

  9. 9
    Posted by guest | April 23, 2009 at 12:03 PM

    Yes Wachovia did ban DB

  10. 10
    Posted by guest | April 23, 2009 at 12:09 PM

    see story early about 1st year analysts and marshmallows to know why a ban may have happened

  11. 11
    Posted by guest | April 23, 2009 at 2:55 PM

    @10- that’s not why they banned DB. The marshmallow thing was back in the summer. The ban came a day after DB wrote about the analyst who did the cat food eating contest.

  12. 12
    Posted by guest | April 23, 2009 at 5:42 PM

    Here comes the Wells Fargo wagon to fire everyone.

  13. 13
    Posted by guest | April 23, 2009 at 8:50 PM

    there are not enough people left in banking at WB/WFC to comment here

  14. 14
    Posted by guest | April 23, 2009 at 8:52 PM

    I work for legacy wachovia i-banking, and we did had DB, until wells fargo banned it post-merger..

  15. 15
    Posted by guest | April 24, 2009 at 8:26 AM

    Any updates on numbers?

Leave a comment

You can log in with your account or comment as a guest below.

   or