Some of those people were successful enough last year to be flown to a resort in Palm Desert, California, for a company-sponsored conference earlier this month. Palm Desert is a luxury enclave known for its warm weather, golf courses and proximity to Palm Springs.
A Wells Fargo spokeswoman said the bank has communicated with affected employees, provided severance and career guidance, and tried to retain as many workers as possible. The bank will also continue to serve customers"in any market in the United States" through its centralized sales channel, she added.While this latest round of cuts wasn't based on employees' performance, Wells Fargo has also been cutting mortgage workers who don't meet minimum standards of production.
Hugh_Son Our mortgage lender is Wells Fargo and few days before the property closing here in CA they are backing out and unable to provide us with approval nor details and now we are stuck with this deal! Pathetic WellsFargo WFInvesting Ask_WellsFargo. Hope you go bankrupt!
Hugh_Son Worked for a fortune500 who gave people an elaborate holiday party and then laid them all off the next week. 2 weeks before Christmas.
Hugh_Son
Hugh_Son If they treat their top performing employees this way, how do you think they will treat you as a customer? Many of these people had 20 plus years with the bank. It shows you as a customer, once they are done making fees off of you, it is time for you to be dropped at the curb.
Hugh_Son make them feel any better I'm doing fine
Hugh_Son Make them feel any better, I'm doing fine.
Hugh_Son How else were they supposed to pay for it , think people
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Source: Reuters - 🏆 2. / 97 Read more »