MARLEN V. RONQUILLO

Financial services giant Wells Fargo, for one reason or another, broke the pattern of silence on the technology employment front. Employers of Filipino tech workers — whether these are technology companies, multinational banks and financial institutions or other service-oriented entities with global operations — usually cut jobs, announce so-called job “redundancies” and “retirements” under an atmosphere of silence. Wells Fargo’s outlier move was to announce the mass layoff of its 700 Filipino tech workers, with a promise to pay them until the end of the year, probably to give them time to move into transition jobs.

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