I wanna know why they would even be considering leaving
and going where?
and going where?
The city literally is handing out property and earnings tax breaks left and right to basically anyone who asksChris Stritzel wrote:It's a combination of factors, but local leadership plays a huge role in dealmaking. Nothing's ever clean in business. Nashville, Austin, Charlotte, Raleigh, Miami and Seattle didn't start booming out of the goodness of the hearts of the companies moving and existing there. They grew as a result of aggressive policies pursued at the state and local levels to attract employers. Only Northwest Arkansas really grew "naturally", but that's because of the Waltons creating an environment to attract employees to their home office and not so much attracting outside employers. The Waltons own Bentonville.StlAlex wrote: ↑7:34 PM - 21 days agoBusinesses have been anything but a good partner on their side or any deal.Chris Stritzel wrote: City government has been anything but a good partner on their side of any deal.
My point is those cities, and states, have a variety of leaders with sometimes differing political ideology, yet they managed to reach deals with businesses to grow their employment base and populations. Why can't St Louis and Missouri? Well, my observations point directly at a City that has made it clear that businesses are only welcome under certain stipulations and even if you work out a deal, it can always be reopened (as we saw under Tishaura Jones). Add in the antique review processes the City has and you have an environment that's not really conducive for attracting new employers. Eventually something's gonna give, but playing "gate keeper" in the interim isn't sensible policy.
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Charlotte, Dallas.BarryGlick wrote:I wanna know why they would even be considering leaving
and going where?
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Is it actually confirmed they are leaving and what would a time frame look like? And if so do they plan to more the whole employment base their or just, the higher ups??
https://www.thelayoff.com/t/1k8vfqpbki,Iive,to,draw wrote:Is it actually confirmed they are leaving? And if so do they plan to more the whole employment base their or just, the higher ups??
I found this forum from last year. Seems pretty likely theyre downscaling significantly. Like best case they keep a relatively small regional office. Higher ups apparently already gone to West Palm Beach, at least according to this forum.
Maybe if they do end up keeping some kind of local office, they rent space downtown to save money
. Could even get building signage.What Chris said about demolishing and rebuilding the street grid is what the city should do. Imagine the type of housing you could build here with a fresh slate.
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Not just going on in St. Louis Wells Fargo cut about 70k jobs since 2020.. AI is the main driver for these cuts. Layoffs are company wide.
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I wonder if this clown will apologize.STLAPTS wrote: ↑1:04 AM - Jun 18Right. Wells Fargo has dozen of positions that they are currently hiring for in their downtown west / midtown location. Several at 180k-300k. DB has a tendency to make things up to fit whatever narrative he is trying to push.matguy70 wrote: ↑4:02 AM - Jun 17Not hiring?
My sister was just hired in a top paying position at the Wells Fargo STL campus in Downtown West. She starts in July here in STL
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The employees there are being told that the home office isn't going anywhere.
The buildings are wholly owned by the company and there aren't any plans to abandon them.
There has been a multi year push, however, to train offshore positions. Those are largely in the Philippines. that training was conducted out of the STL office, for what is largely back office positions. Those are positions that were here.
The higher up executives are no longer here.
The Account opening & Maintenance (AOM) dept in STL was eliminated last week. (assume it went to an offshore location)
The A & B buildings are now gone. (demo'd for the hotel)
The C building is empty (looks like the old A&B buildings, no main entrance, can only enter through the D bldg)
The D building is full (the tall w/white crown, exec offices are empty, main entrance)
The E building only has the 2nd floor occupied (smaller black bldg)
the F building is full (large building on Market)
Who knows what it is that they're really planning for.
It could be re-structuring the local office.
The buildings are wholly owned by the company and there aren't any plans to abandon them.
There has been a multi year push, however, to train offshore positions. Those are largely in the Philippines. that training was conducted out of the STL office, for what is largely back office positions. Those are positions that were here.
The higher up executives are no longer here.
The Account opening & Maintenance (AOM) dept in STL was eliminated last week. (assume it went to an offshore location)
The A & B buildings are now gone. (demo'd for the hotel)
The C building is empty (looks like the old A&B buildings, no main entrance, can only enter through the D bldg)
The D building is full (the tall w/white crown, exec offices are empty, main entrance)
The E building only has the 2nd floor occupied (smaller black bldg)
the F building is full (large building on Market)
Who knows what it is that they're really planning for.
It could be re-structuring the local office.
dbInSouthCity wrote: ↑3:26 PM - 20 days agoI wonder if this clown will apologize.STLAPTS wrote: ↑1:04 AM - Jun 18Right. Wells Fargo has dozen of positions that they are currently hiring for in their downtown west / midtown location. Several at 180k-300k. DB has a tendency to make things up to fit whatever narrative he is trying to push.matguy70 wrote: ↑4:02 AM - Jun 17Not hiring?
My sister was just hired in a top paying position at the Wells Fargo STL campus in Downtown West. She starts in July here in STL
What would I apologize for ? You made a statement that is factually incorrect and misleading. You can literally google and see that there are dozen of current openings being hired for out of their DT west offices.dbInSouthCity wrote: ↑3:26 PM - 20 days agoI wonder if this clown will apologize.STLAPTS wrote: ↑1:04 AM - Jun 18Right. Wells Fargo has dozen of positions that they are currently hiring for in their downtown west / midtown location. Several at 180k-300k. DB has a tendency to make things up to fit whatever narrative he is trying to push.matguy70 wrote: ↑4:02 AM - Jun 17Not hiring?
My sister was just hired in a top paying position at the Wells Fargo STL campus in Downtown West. She starts in July here in STL
You often make generalizations that are misleading or just not true because of your obvious agenda to promote yourself.
Also, no need to get so emotional. Its just an Internet forum. No need to call me a B*** or clown. Stop projecting.