Wells Fargo Auto Finance Chester, Pa Lays off
My sources are telling me that over 150 people were laid off from the Wells Fargo Auto Finance division in Chester, Pa today. Rumors have swelled that up to a 1000 people will be laid off over the course of the coming month. Folks in Allentown were laid off as well as a small office in Boise today too. Quietly, this $24billion branch of Wells Fargo bank is slowly collapsing and will ultimately become one big write off to the company in the next few years.
Just a minor bump in the road though, the economy is in a slow down.
Ohhhh, I can smell the distain, DV!
It’s his being smited! All who walk with him will reap the sorrow of his smite.
Go create a universe or something! 😉
hey dv, if you were still there, it would have been 151. 😉
this is the start of a bigger trend. many of these will be shutting down operations.