#wfc

#WFC - Now that I have moved to a new company, I am happy to post this. I have never seen a more unprofessional, outdated operating model. The absolute truth is Wells Fargo Bank is a true cesspool from the top, down to the recycled mid-managers and their lies, abuses, yearly Job Title changes, Loopholes exploited, and the Misclassification of offshore h1b(job titles, and USA workers job titles and so called “officer roles”.

The same is will continue theough 2026. So glad I am gone, I was embarrassed to work here at this point. Having WFC is equivalent to having a Schart stain on your resume.

Now, with the new unethical(loophole) mandate raising the salary thresholds, many companies are quietly rebranding jobs to dodge overtime rules. Titles like “analyst,”, “specialist,” or “associate manager/Associate Specialist 4 - Vice President” are being handed out without changing THE ACTUAL WORK. It’s just another loophole being exploited: the company narrative makes it look like you’re exempt, while your day-to-day duties tell a different story.

The law is clear, titles don’t matter. What matters is what you actually do. If your role is routine, closely supervised, or production-based, you’re likely non-exempt no matter what’s printed on your badge. But the timing of sudden title changes around this mandate is a red flag: it may be an attempt to fit workers into exemption boxes that don’t really apply.

For employees, this isn’t just semantics. Misclassification means unpaid overtime, longer weeks for flat pay, and missed income you’ve already earned. If your “promotion” didn’t come with real authority, like hiring, firing, or decision-making power you may have just been reclassified on paper.

Keep an eye on how your job was described and the in-office expectations listed on the JD before the so-called rto rule change, what your duties actually are, and whether the company is leaning on titles as a shield. Misclassification isn’t an accident; it’s a tactic. And it’s one that costs workers the most. This, coincided with non-stop hiring of riskyH1b’s hiring, offshore contractors, etc clearly show Wells Fargo does not support American jobs, nor so they support America’s communities.

Doesn’t anyone think that it is a problem for one man a.k.a. CEO to make 30 million just to reduce headcount aka lay off American jobs and fill with offshore employees(very risky). Meanwhile, there are school-bus drivers out there making $50,000 a year and taking kids(priceless to many) to school and make millions leas yet have more accountability than someone making $30+ million dollars. Something is wrong here.

WAKE UP People. We have the power to make changes. Just document everything!

Layoffs will also continue until the end of the year. And start back up again in 2026. Everything else communicated is just smoke and mirrors. Stack rankings, ratings calibrations, favoritism, sham ghost jobs run rampant here.

When will the regulators wake up to this habitual offender of a bank. Clawbacks are coming for the Schart when they can’t hide the mess he made anymore.

I left this company a long time ago for a tech company, and remained a customer of this bank.

After a very lengthy, confusing, and almost incoherent call with a Wells Fargo employee recently regarding my investment accounts. I was left with more questions than I have answers. Not only could the individuals not assist me, It felt like they were following a script. No answers were provided, and My buy order was never placed. Just left a very sour taste in my mouth and led me to some other questions.

I hope this was a one off experience, But doubt that based on the employees I spoke with coinciding with the banks reputation Of being a habitual offender. It made me wonder who is looking at My personal information, specifically account activity, and info?

It was very difficult to understand these employees which makes me think they are not located in the states. it seemed each employee I spoke with had a different answer, even though I was asking the same question. Furthermore, if in fact, these employees I speak with are not located in the states I don’t feel comfortable with them reviewing my personal information, along with my investment account information.

It bothered me enough to where I had to do a little research and came across this site. let’s just say I am appalled, and conflicted at this company’s business practices or lack there of. Once I hung up, I could not help but wonder who is reading this information and how are they able to provide support if they are offshore?

It seems as if there is no risk or control framework in place that protects stateside customers. I felt very uncomfortable having to verify my information to someone from a Third World country where fraud is rampant, and supporters of Russia.

After reading the comments on this site. I am convinced that customers data is visible too all employees outside of the USA? After reviewing the comments on this site. It sure seems that way. I mean, how else would the employees I spoke with verify my information? Does this company not have any sort of information barriers or data governance policies in place? Another big concern of mine is, why am I speaking with someone located out of the states, supports Russia, and barely speaks English yet has a name like chuck.

I find it shocking, unethical, and risking customers information here in the states To save on labor costs when those savings will be paid to regulatory violations, if this bank is truly not protecting their customer data.

The sentiment alone on this site paints a picture of how risky it is. It really seems like there are disgruntled, employees, offshore, and stateside, and nobody knows what they are talking about.

I have been banking with this company for years But after my most recent call with this company, I find it too risky to continue doing business with them. I was never provided an answer to any questions, my buy order was never placed, and now it seems Offshore employees who support Russia’s war effort had full access to my information.

This is completely unacceptable! As a customer, and stakeholder, I am appalled! This has to be the most riskiest operating model I have ever Come across. I am not comfortable with my information, going offshore, especially information related to my investment and retirement accounts.

This experience coinciding with the recent report of the stress test, I Will be moving my money to a more secure institution. It has been many years since I had worked at this company But this is just risky, unethical, and morally wrong. When I hang up the phone with someone who has my sensitive information and access to my accounts, it made me lose sleep.

My next phone call will be me instructing them to move my money to another account at another company.

It’s a shame that this company has sacrificed talent for cheap labor. Let’s not forget they are also supporting an economy that is not the United States. It’s easy enough for me to take my business elsewhere. For a company that is trying to rebuild its reputation yet continues to be a habitual offender on regulatory matters, I guess my risk appetite is not as big as theirs. or they are just stupid! Spread the word, I know I will. Where the heck are the regulators?

#SEC
#WFC
#Ethics
#FutureEnron
#2025
#2024
#REGULATORS!
#Loopholes
#Anti-American
#Investing
#Banking
#CFPB
#OCC
#WellsFargoBank

EXTRA EXTRA!! BoA CEO TAKES 3% PAY CUT WHILE WFC CEO GETS 18% RAISE!
So, the BoA CEO TAKES 3% PAYCUT, WHILE #WFC CEO GETS 18% RAISE!

How and why is this possible. What has WF’s CEO done to justify this raise. Seems the senile BOD is doubling down on their false narrative regarding Wells Fargo’s CEO. There is absolutely NO JUSTIFICATION for this raise, or last years either.

The facts are that Schartman has not delivered deserves a “Needs Improvement” rating! His compensation should not be aligned to other banks, because Wells is not like any other bank.

It’s insulting that he was rewarded millions again this year for offshore American jobs, accruing, multi billion dollar fines, and still operating under an asset cap! How can he be rewarded millions of dollars when he has not achieved any milestone Or regulatory obligation, since he has been hired!

These are no longer legacy issues. These issues should have been solved, and the acid should’ve been lifted if the bank truly had an effective CEO. When in fact, it doesn’t. Keep letting the senile BOD drive this false narrative. Shareholders, customers, and anyone affiliated with this bank should be PO’d. This is greed and inequality at its finest.

So, the BoA CEO TAKES 3% PAYCUT, WHILE #WFC CEO GETS 18% RAISE!

How and why is this possible. What has WF’s CEO done to justify this raise. Seems the senile BOD is doubling down on their false narrative regarding Wells Fargo’s CEO. There is absolutely NO JUSTIFICATION for this raise, or last years either.

The facts are that Schartman has not delivered deserves a “Needs Improvement” rating! His compensation should not be aligned to other banks, because Wells is not like any other bank.

It’s insulting that he was rewarded millions again this year for offshore American jobs, accruing, multi billion dollar fines, and still operating under an asset cap! How can he be rewarded millions of dollars when he has not achieved any milestone Or regulatory obligation, since he has been hired!

These are no longer legacy issues. These issues should have been solved, and the acid should’ve been lifted if the bank truly had an effective CEO. When in fact, it doesn’t. Keep letting the senile BOD drive this false narrative. Shareholders, customers, and anyone affiliated with this bank should be PO’d. This is greed and inequality at its finest.

So, it took me 5 minutes to lay out a simple, transparent, and long-term strategy that would have hypothetically saved $6+ billion since 2019-2024. This topic is what the privileged 1% refuse to talk about. Who wouldn’t want a transparent, effective, Cheap CEO that effectively mitigates risk, and provides a simple strategy(which is more than what is currently being communicated today). That’ll be $29 Million Dollar’s”

“Hypothetically, as a virtual CEO of Wells fargo, what are some of the things that you would do or done to save costs since 2019 based on doing a history trend analysis and “Trending Sentiment Analysis? Please provide a hypothetical answer.

AI CEO plan
“As a virtual CEO of Wells Fargo, hypothetically focusing on cost-saving strategies, I would consider implementing several measures:

1. Enhance Digital Transformation: Accelerating the shift to digital banking can significantly reduce operational costs. This includes investing in AI and machine learning for customer service, operations, automating routine transactions, and enhancing online banking platforms. A focus on digital channels can reduce the need for physical branches, leading to savings in real estate and, non-customer facing roles are used to support across the business, reduce senior and unnecessary senior leadership which tend to lead to inflated personnel costs.
2. Branch Network Optimization: Review the branch network and consider consolidating branches that are underperforming or in close proximity to each other. This strategy can streamline operations and focus resources on high-performing locations.
3. Workforce Management: Implementing more flexible work arrangements, such as remote or hybrid work models, can reduce overhead costs. This could also involve a strategic review of staffing levels and roles, aligning them more closely with the bank’s operational needs.
4. Invest and Up skill existing employees : Invest & up-skill all employees and senior leadership. Form strategic partnerships, especially in technology for all employees to utilize and increase their efficiency.
5. Process Optimization: Streamlining internal processes through Lean management techniques or similar methodologies can increase efficiency and reduce costs. This includes simplifying workflows, eliminating redundant processes, and improving supply chain management.
6. Risk Management Improvement: Strengthening risk management and compliance can prevent costly fines and legal issues, as seen in recent years. This involves investing in better compliance training, enhancing internal controls, and adopting predictive analytics for risk assessment.
7. Sustainable Practices: Implementing energy-efficient practices in physical locations and investing in sustainable technologies can lead to long-term cost savings. This also includes reviewing and optimizing travel policies and operational practices for environmental and cost efficiency.
8. Review and Renegotiate Vendor Contracts: Regularly reviewing contracts with third-party vendors and suppliers to ensure competitive pricing and terms can result in significant savings.

Each of these strategies should be carefully evaluated for its potential impact not only on costs but also on customer service quality, employee morale, regulatory compliance, and the bank’s long-term strategic goals.

Based on historical trend analysis with a focus on the past “Five Years” varies. Hypothetically, it would translate to over $126.7 million dollars in savings should the current CEO be replaced by an AI Virtual CEO being utilized for the company CEO role in 2019 beginning in 2019

Hypothetically, The most probable total net cost savings average $5.7 Billion dollars from 2019 through YTD. This analysis includes meeting and completing all existing regulatory orders by due dates and the roll-out of the “AI Virtual CEO. One of the most overlooked aspects of a AI Virtual CEO is the AI CEO becomes more knowledgeable and is proactive all the time. (last refresh on 01/18/2024).“

Time for the off-shorer to become the offshoree muahaha

#WFC
#WellsFargo
#AI
#WellsFargoAI
#Fargo
#CEO
#Inequality
#AutomateTheC-Suite
#WellsFargoBank
#TheTruthHurts

Layoffs to the US workforce will continue until the December freeze goes into effect. Until then, More cuts will hit mortgage, CB, Auto, branches, corp risk, technology, and others in remote rolls and non-hub locations. They will also be hitting hub locations for individuals that are not compliant on the RTO policIES. The justification is to offshore for the cheap labor! This is the only way that C S knows how to cut costs. Pretty pathetic.

Now for the my rant of truth: if it’s TLDR, then don’t bother, I am only speaking the truth.

The current CEO is failing miserably. Meanwhile the Board of Directors continues to drive a false narrative that he is making progress and being a successful CEO while at the same time The company experiences, faulty systems, Multi billion dollar fines, and serious impacts to our customers due to all of these glitches that pop up on a monthly basis. it just goes to show how much the CEO actually understands repetitional risk.

The truth is the bank continues to be a habitual offender and meeting its regulatory obligations. CEO continues to cost the bank billions of dollars in fines and additional regulatory action. he is an overpaid CEO that cannot show any milestones or successes, or even how far along he is in whatever strategy he pitched to the board upon hiring him.

The Sharty CEO cannot maintain the stock price. in fact, it consistently is getting lower than when the bank came under extreme scrutiny and was outed for the false account scandal. Can someone tell me why this CEO continues to receive multi million dollar raises, unlimited access to the company jet for personal vacations, And insulate himself with his most recent hires of all his deadweight cronies.

The only way to turn this bank around is to find a CEO that actually understands both banking and technology. If Wells Fargo CEO was truly looking for this to be the year of efficiencies, he invest in the current employees, along with allowing everyone to use an AI assistant, such as Microsoft copilot. You would think that since he’s on the board of Microsoft, he would actually understand this. Unfortunately, he is a dinosaur and defaults to his 1980s playbook of offshore US domestic talent to hire three qualified offshore individuals. Any id--t could come up with this strategy.

If you really wanted to invest in our risk and controls he would be looking at technologies that not only automate these controls, but also allow the bank to be proactive in their risking control environment.

This will never happen under a dinosaur CEO. Let’s look at an example real quick. I’m no fan of musk, but if you look at Tesla and his other companies, there is a reason why he has become the richest man in the world coinciding with profitable companies. I understand his companies have had their ups and downs, but so has Wells Fargo.

The point I am trying to make is, without a younger CEO, Wells Fargo will never make any significant changes better their efficiencies. The CEOs, lack innovation, long-term strategies, and knowledge in what technology can do to assist workers do their jobs and be much more efficient. There is a reason why musk is the richest man in the world in such a short amount of time. I just named a few of those reasons.

It’s time to get rid of the senile dinosaurs and bring in some young, knowledgeable, and motivated employees

The only thing that our dinosaur CEO can say, is that he cut headcount by offshore US jobs and reduced costs by paying cheap labor. This reminds me of the barons back in the day who were building the railroad. They made sure to capitalize on cheap labor, regardless of equality or ethics.

If you look at their earnings, call, you can see that they’re big topic. Was they cut headcount which resulted in reduce expenditures. I’m glad they can pat themselves on the back.

If you look at the CEOs history, he has left every company with a bad taste in its mouth. Just ask the BNY melon folks about how he tried to implement a return to office policy. They gave so much pushback that he could not get it through and moved on.

This guy is deadweight! If the board is too senile to notice this, then they are deadweight too. It’s only a matter of time before this fragile house of cards comes crashing down. This is why the CEO has recently insulated himself with his cronies and has a golden parachute waiting when the time comes. Just take a peek at his offer letter on the SEC website. It is public information and you would probably be shocked. And for those who say that he is compensated based on compensation at similar banks. Well guess what, Wells Fargo is nothing like other banks! Can anyone name a bank that has been restricted to grow due to regulatory orders? The answer is no. Are there any other banks that have Paid as much and fines as Wells Fargo? The answer is no. This makes Wells Fargo nothing like any other of the banks. Don’t even try and compare it. I have still yet to see a milestone, or how far along our CEO is along on this smok and mirror journey.

The baby boomers are greediest generation, and history will judge them for that. They are nothing but ego maniacs, who refuse to step aside, and let young talent turn the bank around.

Offshore US jobs is not the answer. Capitalizing on both banking knowledge and utilizing technology will create efficiencies right out of the gate, and mitigates significant amounts of risk posed by offshore American jobs. These chumps should be ashamed of themselves.

If this was any other employee performing in this was they would have been fired years ago. It sure gonna be funny to watch when instability erupts in the regions are dinosaurs CEO decided to offshore American jobs to.

Biggest proof that our CEO is completely completely out of touch is the fact that he just spent a half billion dollars on space at HY. What kind of mo--n buys commercial real estate right before the bubbles going to burst? This was a terrible investment and could’ve been purchased at half the cost come 2024. he just needs a place for all his recent NYC hires that he has insulated himself with.

All of this is public knowledge and public information. If this is too long to read my bad. At least I’m providing the inconvenient truth. What a terrible CEO Who? is too old to even come up with a long-term strategy, and make sure that he can capitalize on his short term plan a.k.a. when is five years is up. Take a peek at his offer letter and you’ll understand what I mean.

#WFC
#WELLSFARGO
#WELLSFARGO2023
#CEO
#INEQUALITY
#News
#Banking
#Layoffs
#CEOCULT
#Yuppies
#Babyboomers
#Thinktanks
#Jobs
#Finance
#WFC2023
#WellsFargo2023

For those impacted by October layoffs. Tell’em why you mad! And details on layoff please.

Job Location:
YOE(years of experience):
LOB:
FTE/remote/contractor:
Rant(optional) (tell them why you mad!):

Don’t provide any information that could identify yourself please.

IGNORE ALL TROLLS THAT SAY A LAYOFF EVENT IS NOT HAPPENING. It is happening. Sorry to all those impacted.

NOTHING BUT THE FACTS!

#WFC
#WELLSFARGOBANK
#Banking
#Layoffs
#wellsfargo

Layoffs on 8/8, 8/15, and 8/22..

Now for my rant! What is this mythological “Area Differential Pay”? And why do cities south of NYC Get Shafted?

Is the policy just a myth aka phased out? The latest economic data for over 3+ years shows how the cost of living has increased significantly (10%-25% since 2019/2020 Most employees who are in the “HUB City's” are far far overdue!

The details are in the data. No wonder they are outsourcing HR. Area differentials should have been updated….. Oh why, oh why do we allow these candy b-ms to use us troops as cannon fodder.

We have lots of power in numbers. Why is everyone allowing this nonsense? Maybe someone should take a look at the policy on this. Everyone is getting hosed. There is no reason why a Hub city should be paying 4 or even a 3 in area differential pay to employees. Hubs city’s should be no less than a “2”!

Meanwhile the Ivory Tower yokels enjoy their “0” area differential (highest paying rating). The risks senior leaders are creating is nutts! No wonder Charles has insulated himself with 90 new executive roles. Seems like he is getting ready for the large amount of info that is going to come to light.

“The path to the righteous man” is not working for charles in charge! He has you insulators primed and ready to be thrown under the bus that Charles is driving.

Inequality at it’s finest!
#WellsFargo
#Inequality
#WellsFargoProblems
#WFC
#WellsFargoBank

///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.///
///
#WFCProblems
#WellsFargo
#WFC
#WFC2023
#WFCHASNOSTRATEGY
#Offshored
#Displacements
#Layoffs
/// /s
////

Shareholders should be so PO’d that the company ia doing so poorly. The BOD keeps portraying a successful CEO, yet an asset cap remains in place 5 years later(Meaning we cant grow!) and we continue to incur multi-billion dollar fines and embarrassing lawsuits. Yet they increase the captains base salary by a few million(when he publicly stated he would not accept a raise this year).

Shareholders should seriously call a vote of no confidence (IMO). This so called “multi-year effort” is a sham! guess what senile BOD, it has been almost 5 years since your golden boy was hired! What has been achieved? And by achieved, I mean when has the bank correctly remediated an order without paying billions in fines.

I am sorry to those who lost there jobs. You troops know the truth. Fact is, we keep losing real talent, and important mentors due to the current practices and toxicness caused by this CEO. Who just hired a bunch of people so he can insulate himself in my opinion.

Someone Fire this guy. The company is being run in a short sighted manner. BOD, DO YOUR JOBS! The stagecoach is out of control and the captain clearly cant save it. He has had hod histime, and plenty of compensation to fix the issues. The asset cap should have been lifted by now if this guy was delivering. He is not!

He is Mr. Shortsighted. Wells Fargo’s captain (CEO) reminds me of the id--t cruise ship captain who brought the cruise ship to close to the coast for a closer look. Well guess what, he crashed so badly, herolled the ship over. Then he was already in the lifeboat before the “abandon ship order was given”. Took years to cleanup the mess. Wells guess what, Wells Fargo is “already at the coast people”. The short sightedness by Wells Fargo’s are resulting in the same due to incompetence. Demand action, and pull back before it is too late!

#WFC
#WELLSFARGO
#WELLSFARGOBANK
#THEFACTS
#WFPROBLEMS
#RICHGETRICHER
#DOTHERIGHTTHING
#INEQUALITY
#WFCSHAM

Hey Folks, Sooo Wells fargo is fueling the FRTO effort on this site. the captains and stooges are actively posting “FRTO” on this site to move the main page feed down, and promote a toxic work environment(in my opinion)

Just look at the trend here. Anytime the BOD or CEO, Unions, and Regultaors are mentioned, and tied to actual facts (made public) the FRTO posts go HAM to push that topic off the site feeds first page, and search engines. Just check for yourselves, you will notice a trend. Plot the dates, and you’ll really notice it. And think logically, why would all the employees make so many FRTO posts. SECRETS REVEALED ya Jabroni’s!! Sorry ya chumps. We know our executive like so many duplicative processes aka posts, but now your secret is out!

We all know that you are projecting an image of our CEO of being successful in creating positive change. However, the opposite is true. The multiyear effort to fix the risk and controls environment is a sham. It has been five years already! Why hasn’t the asset cap been lifted? Didn’t you hire a CEO specifically to address the problems? Now we’re find another billion dollars. Then you increase the CEOs salary by a few million when he publicly states that he would not be excepting a raise this year! You’re failing, and you are all frauds in my opinion. The shareholders should be PO’d.

If this was any other employee, or even an executive, they would have been FIRED 2 years ago. Yet, you keep continuing to reward billion dollar fines with million dollar salary, increases to our crazy captain. That dinosaur is only outsourcing or offshore in jobs, how are you project an image of his success, while he just steers the company into failure. What a joke! The troops know all your secrets. And that’s the factd!

See everyone at the super top secret union meeting tonight!

#WellsFargoProblems
#WFProblems
#WFC
#Layoffs
#WFBullys
#INEQUALITY

for purposes of the site…. there is typically Layoffs on last Tuesday of this month(in my opion). Remember, the only tool in the dinosaurs toolbox is to cutt headcount/offshore. Let’s thank our thoughtless leader.

Now, onto my rant…. The out of control stagecoach took a $1 billion dollar fine this month. Everyone can thank Wells Fargo’s thoughtless CEO for another fine(another fine 5 years later). Of course, the captain would take ownership of this, and said it was a result of past leadership. What a Jabroni!

So let’s think about this seriously, back when the thoughtless captain joined the bank I believe his statements were,” it will be a multi year effort to remediate WF legacy problems”. I heard him say this in their earnings calls myself! So here we are almost 5 years later and all we have seen this “multi-year effort” is multi-billion dollar fines, new issues, and scandals. Now he has insulated himself with his friends for them to take a fall, if needed(in my opinion).

The board will not own up to its failure and the failures of the individual they hired and continue to support with seven figure salary increases. So, of course he has to lay people off and blame others. I believe his original goal was to fix the asset cap, and cut 10 billion in expenses. The opposite has happened which equals FAILURE!

The bank has become a habitual offender(in my opinion). The captain steering the ship has gone madd. The board has gone completely senile. The fact that they continue to give this guy a multi million dollar raise on a year that he said he would not be excepting a raise is beyond me.

In my opinion, if any individual who is to perform their role and end up with these results after multiple years, would you give that person a raise? In my opinion, that person should be fired! The board has too much invested in this, and they must portray him as being successful in the interest of themselves and the interest of the eyes of the regulators.

Everything shared is public information. Take a look at your captains offer letter on the SEC website. We all know it doesn’t make any sense to RTO. However, take a look at his offer letter on the website, and you’ll see that he is provided a driver, a nice fancy car, and even use of the company jet all on the companies dime. There is no way this JABRONI is going to change his mind on this. While the troops are waiting in traffic for over an hour and putting where in tear on their vehicles, along with additional expenses. This is the definition of INNEQUALITY!

Speaking of inequality, let’s not all forget about the way our senile captain tried to fudge the diversity & inclusion numbers. This is all public knowledge.

Simple question: How can anyone be happy with this guy when we have been operating under a $1.9 trillion asset cap for almost 5 years. I thought this guy was brought in by the BOD to specifically fix the problem, not create new ones! It’s time for someone else to take the reins, clearly the stage coach is out of control. It is not good for anyone if it crashes!

People need to focus on the bigger picture and get rid of the current Jabroni at the top. This guy has single-handedly, ruined the work environment and miss portrays beyond belief. The fact that they brought this chump over from BNY Mellon where he alao tried to and failed on an RTO Policy.

His decisions are costing people jobs and more. The doofy dinosaur has no tools other than to offshore. Meanwhile, many American families will now have to be out of work due to this guys ridiculous policies and outdated practices. Let’s ALL not forget, the bank WAS AT $50 a share when they hired Deputy Doofus(almost 5 years ago). Ever since this chump took the reins, The bank is luckyy if it hits $40+ a share. I find this unacceptable. We can all thank the senile old fogey’s at the top who allows the bank to stay like this.

If we want to better the efficiencies at this company, then I think it’s time to start at the top. Five years later, and no results except an increase in fines, and scandals is ridiculous. How can they even justify giving this guy a seven figure pay increase this year when we are getting billion dollar fines! They’ve all gone madd I tell you!

Everything in this post is public knowledge and there is no reason that it should be removed. Don’t be hurt because I speakt he FACTS! “Mic drop”

#grassisgreener
#wellsfargoproblems
#WFProblems
#thefacts
#WFC
#WFJabrons

Wow, what a complete waste of time and zero information provided. Does this guy even know how to rally the troops? I have never seen morale so low at a company in my life, and be able to attribute it directly to the CEO.

I also find it hilarious that this man lacks complete accountability after being in his role since 2019. Sorry bud, you stop inheriting things once you’ve been in a row for three years at the most! This guy needs to STOP BLAMING the banks problems on past leaders and hold YOURSELF ACCOUNTABLE. Or, at least the operating committee or Board of Directors should.

Obviously, it is in the Board of Directors interest to make the CEO out as being successful. However, the reality is chainsaw has done NOTHING but continue to receive billions in fines from regulators and lawsuits due to the CEO’s bias. This has coincided with the constant offshoring job’s, and ruining morale in purpose. HE IS AN ARROGANT, INEFFECTIVE LEADER And should be shown the door. I am not sure how the shareholders don’t feel the same.

The facts:
Isn’t it pathetic that the CEOs before chainsaw had the company at a higher stock prices $50+ a share when chainsaw took over and now we are lucky if we have her around the high $30s to low 40s of share. I am pretty sure if ANy of the employees had these kind of results or lack there of they would have been canned two years ago.

The fact is we have a bias, dinosaur CEO with short sighted initiatives, and lack of knowledge. It’s funny how he does not mention his BNY Mellon days where essentially his return to office strategy failed. He didn’t last long there (public knowledge).

Still, the Board of Directors approves chainsaws, multi million dollar raise again this year, even though he publicly stated that HE WOULD NOT be accepting a raise this year, yet he got the seven-figure increase in base salary. If his excuse was to have his pay more in-line with similar banks, Guess what…. WF is nothing like other banks….. at the moment. As I recall, not one bank, is operating under an asset cap, and restricted to grow except WF. I also found it funny how he tried to make it sound like it cost the bank money to bail out first republic. I don’t know the specifics, but I guarantee you it is a great investment in the long run, and the bank will make money off of it.

It is funny how everything is portrayed as we’re making progress and everything is going well. I think the employees call total BS on it and would rather spend time doing something more efficient than hearing this guy on a Townhall just to hear himself talk with a brow-nose by his side.

What a joke. If we are really making progress, how about they start showing it in a presentation mapping it out for the employees to see. Or would that be too difficult for an individual who makes 8 figures to put together a presentation. Maybe it’s just the fact that no progress has been made whatsoever so there’s nothing to actually show.

Yes, layoffs will continue through 2023 because the only tool in this dinosaurs toolbox is to cut headcount/offshore. I’m sure it also adds to the fudged diversity and inclusion number by offshoring.

And don’t let this guy try and compare himself to any employee. He talks about going to the office and collaborating blah blah. The truth is chainsaw is driven to work by a luxury car, and driver paid for on the companies dime. So when you guys are sitting in traffic on your hour, long commute, he is sitting in the back of his Rolls-Royce drinking Mojito’s listening to one hit wonders like Lala Bamba. Meanwhile you’re you’re stuck in traffic putting where in tear on your own vehicle rushing to pick up your kids or whatever. My point is, there couldn’t be a bigger hypocrite. Either he is clueless of what his actions are, causing, or, most likely just doesn’t care. As soon as he shares vest and he’s fulfilled his offer letter he’s gonna bolt. You’ll see! Take a look at his offer letter on the SEC website if you don’t believe me. Just another day on the out of control stage coach.
“ I always tell the truth, even when I lie.”

/// “The grass is greener on the other side. Either get out or unionize. Everything in this post is publicly available information, and there is no reason for it to be taken down”.

#WELLSFARGOPROBLEMS
#WHATAJOKE
#WFC
#WFCPROBLEMS
#INEQUALITY
#WF
////
#LAYOFFS

This is too good for replies. Bumped from @usj+1mxOGnqb.