Any fish depend on Wells to meet their numbers? What are your thoughts on Charlie’s and Saul’s third party spending cuts? Is this temporary? Will it work or won’t work?

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Short answer to your first question - yes. This is very cyclical at WF. They keep doing this. Plus based on their culture - they will never fire employees. So consultants first ones to go. Though this is straight out of Charlie’s playbook too that he followed at all 3 of his earlier employers. Reg work will still continue. They will continue to lag behind others in terms of innovation and won’t buy from consultants

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In reality, if they fire some of those employees and get things outta the way, they’ll save money and make progress. The anti-consultant sentiment is very high these days. They won’t hesitate to meet and hear our ideas for free though!

funny

For once I’m glad they are an audit client...

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