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Wells Fargo is preparing to cut thousands of jobs starting later this year


sri_india

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Yes Wells lo by the end of the year all contractors will be laid off

 They are being replaced by FT staff in India. Wells lo deenni EGS antaru, news coming from a senior level technical director who's a friend of mine. I am a contractor working for Wells too, already considering other opportunities. 

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1 hour ago, zarathustra said:

Yes Wells lo by the end of the year all contractors will be laid off

 They are being replaced by FT staff in India. Wells lo deenni EGS antaru, news coming from a senior level technical director who's a friend of mine. I am a contractor working for Wells too, already considering other opportunities. 

No, they are not replacing contractors with hiring more people in India. The plan is to hire more FTE’s in US. The plan is to be 80:20 by end of 2022. 80% FTE’s and 20% contractors. I have a friend who is a CIO. 

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7 minutes ago, ios_halva said:

No, they are not replacing contractors with hiring more people in India. The plan is to hire more FTE’s in US. The plan is to be 80:20 by end of 2022. 80% FTE’s and 20% contractors. I have a friend who is a CIO. 

Wells fargo On the way to assam in next few years.. 

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10 minutes ago, Sarvapindi said:

Wells fargo On the way to assam in next few years.. 

In your dreams. Apply burnol. They have 250,000 FTE’s. 
 

Trillions in assets and billions of cash reserves. New CEO is a rockstar and will surely make company efficient like it was before 2016. 

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2 hours ago, zarathustra said:

Yes Wells lo by the end of the year all contractors will be laid off

 They are being replaced by FT staff in India. Wells lo deenni EGS antaru, news coming from a senior level technical director who's a friend of mine. I am a contractor working for Wells too, already considering other opportunities. 

They already have huge campus in Hyderabad. Looks like it will grow more. 

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1 hour ago, snoww said:

They already have huge campus in Hyderabad. Looks like it will grow more. 

Even though the first campus is in Hyderabad, the Bangalore campus has more people. Started a new campus in Chennai 2 years ago. 

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2 hours ago, ios_halva said:

Even though the first campus is in Hyderabad, the Bangalore campus has more people. Started a new campus in Chennai 2 years ago. 

Which branch you work ? 

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