Layoffs Watch '15: Wells Fargo Securities
From the front lines:
Layoffs across Wells Fargo Securities today in Chicago and CLT. Chicago and CLT told "more to come." Cuts also expected in NYC.
From the front lines:
Layoffs across Wells Fargo Securities today in Chicago and CLT. Chicago and CLT told "more to come." Cuts also expected in NYC.
Cuts are said to be going down in "waves."
The bank has reportedly begun a round of cuts that will ax 5,000 employees.
Cuts are said to be going down circa now. "FYI: UBS is letting people go on the sales and trading desk today. At least three senior guys have been let go so far this morning, with more on the way."
Cuts are said to be going down this morning in Stamford. From the front-lines: "So far affecting employees in cap markets. We've been hearing cuts were coming so I'd imagine there will be more through the day."