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


sri_india

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12 hours 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. 

@3$%

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18 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. 

Bangalore lo kooda edchinda. idi bank aa IT company aa. Offshore locations, full timers, contractors. 

Anduke company situation ala edchindi. 

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14 minutes ago, snoww said:

Bangalore lo kooda edchinda. idi bank aa IT company aa. Offshore locations, full timers, contractors. 

Anduke company situation ala edchindi. 

Wow, great analysis. Go and apply burnol. 

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39 minutes ago, snoww said:

No need to do great analysis. Check it's stock price and financial results compared to its peers. 

Every company goes through few bad cycles. Wells Fargo is no.1 in mortgages and that’s the safest bet compared to its peers who are heavily into Investment banking. This tells me you didn’t even do any analysis and just tried to compare it with its peers and came to a conclusion. BTW, Buffett is the largest shareholder of Wells Fargo. 

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1 hour ago, snoww said:

Bangalore lo kooda edchinda. idi bank aa IT company aa. Offshore locations, full timers, contractors. 

Anduke company situation ala edchindi. 

Bofa ki kuda chaala offices unnayi ga in India 

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57 minutes ago, snoww said:

No need to do great analysis. Check it's stock price and financial results compared to its peers. 

Adhi management wrong practices nothing to do with their infrastructure 

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BOFA, Chase, WF have regional corporate headquarters in Hyderabad. They employee 8-15k people each just in Hyderabad. Don’t know about citigroup but a lot of financial companies are established in Hyderabad like statestreet, hsbc, ICICI, Axis, SBI etc

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2 hours ago, tom bhayya said:

Adhi management wrong practices nothing to do with their infrastructure 

Motham management clean up chesaru. All C level executives running the bank during the time of scandal have either retired or were let go. 
 

1.85 trillion kante ekuva assets undadu ani regulators cap pettaru bank meeda....They are working towards compliance and once they receive approval, malli business growth untadi....

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Just now, ios_halva said:

Motham management clean up chesaru. All C level executives running the bank during the time of scandal have either retired or were let go. 
 

1.85 trillion kante ekuva assets undadu ani regulators cap pettaru bank meeda....They are working towards compliance and once they receive approval, malli business growth untadi....

Do you work in wells ?

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