///Layoffs will continue as they have been and pickup.///
///After falling victim to Charlie's unoriginal strategy of offshoring American jobs, and H1b. The reason stated was my role was offshored to India & Philippines.
It put alot into perspective for me. Especially since I was compliant on the RTO policy’s, and never received below a “Meets” rating. Thanks ya chumps for laying off a family man who plays by the rules, and wife just so you could hire 2-3 incompetent offshore individuals who now have access to lots and lots of data. Sounds risky to me. Enough of my son story. Here is some cold hard public facts!
If the BOD and silly overpaid senile captain really cared about the bank or had an actual vision for the this banks future sustainability, a plan would have been shared. IT HAS BEEN 4 years ya chump! Speak up shareholders / stakeholders! Be madd! The stock price stinks! It was higher even after the 2016 accounts scandal this jabroni of a CEO was brought in specifically to fix! You would think a simple question to our brainless CEO, such as “how far along have you come on your personal journey at the bank? Can you speak to what you have completed?” NOPE, HE CANNOT! How pathetic is it that the CEO cannot even gauge his own progress or share any accomplishments. I think we all know why right? Because he has none At all! This is no exaggeration.
He should be embarrassed. How do you spend four years at a bank and literally not be able to gauge your own progress or comment on any kind of milestone? We all know this Jonny wisenheimer CEO likes to toot his own ho-n but it seems he has no ho-n to 2, because he literally has nothing to gauge in terms of milestones or progress!
How are shareholders still taking it on the chin from these Jabronis. Just think about it. What has this guy been doing for the past four years to where he literally cannot speak to a % poiny of progress. How is this CEO, getting seven figure raises the same year that he publicly announces he will not be accepting a raise? Also, is getting rid of a property at a $60 million loss really a win for the company? I’m not sure if the majority shareholders have just gone as senile as the BOD and crazy captain and just don't realize the risks that are being taken to maintain a cr-ppy stock price.
So let’s talk about what we know. we know after four years there have been no successes or achievements in any of the areas that were the captains focus point in the first place. I don't think a company has a more toxic atmosphere than this place as well.
I'm really surprised that the shareholder support this guy when we could be doing so much better. Instead, the same old baby, booming playbook is brought out to reduce headcount and offshore. what happened to rebuilding our brand? We need to win back the trust of our customers and be allowed to grow. does anyone really think we are reducing the banks risk by offshore to countries that have extremely lax privacy laws. this is a recipe for disaster! It is extremely shortsighted, does not support the American economy and goes against everything being stated in the news by these Gibroni when they say “We are better when we are together”.
I don’t know how anyone can look at that statement any different other than a straight up lie! If this were true, and we were better together, why are thousands of jobs being offshore? Why can the CEO not even speak to any personal milestones or progress that he has made with the company?
The truth is, the only thing these Gibroni can speak to is continuing to incur multi billion dollar fines, continuing to tarnish the brand, and destroying our relationship with the state that we are headquartered in. Does anyone have the kahunas to speak up and take some action?
Everyone knows that a CEO who is brought in to fix something is typically around for five years. Any of you think this guy isn't going to take the money and run in my opinion , you are all fooling yourselves.
How about this company actually steps up and supports this country and our communities instead of using that baby booming playbook of offshore jobs to show short term progress in terms of efficiency and costs. Just don't forget, you are opening up yourself to a whole new world of risk, and the regulators have made it pretty clear that we are a habitual offender.
Any leader, with half a brain would have focused on the issues or tasks that they were hired to do in the first place. The board can only drive in narrative of having a successful CEO in place for so long. Anyone that can read between the lines can see that no progress is being made especially when the commander-in-chief of the company cannot even speak to one item or personal accomplishment at the firm he is proud of.
Shareholders, employees, and anyone else with an interest should speak up and let it be known that this is unacceptable. Maybe the senile old fogies that are running the bank really don't care about the sustainability because they don't have much time left on this earth. Seems to me like are, taking as much money as they can and will retire leaving the company exactly where it was, or actually even worse off than before.
Everything mentioned in this post is public information, and opinions. There is no reason for this post to be taken down for speaking THE TRUTH.
HEY CHARLES! GO GET YOUR EFFIN SHINEBOX! YOUR A JOKE! PUT’EM IN THE BATCHROOM! Just ask your employees. Or, are you still too scared to virtually address all the employees you are eventually putting out of work . Way to practice what you preach….. Not! YOU DO NOTHING RIGHT. Just take it look at all the legal fees and multibillion dollar fines on your watch. Mic drop.///
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#WFCProblems
#WellsFargo
#WFC
#WFC2023
#WFCHASNOSTRATEGY
#Offshored
#Displacements
#Layoffs
/// /s
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