Thread regarding Wells Fargo & Co. layoffs

Exec fantasy league: SVB up, TK down ?

"Wells Fargo Names Saul Van Beurden to Lead Artificial Intelligence; Kleber Santos to Expand Responsibilities and Serve as Co-CEO of Consumer Banking and Lending with Van Beurden"

cannot be good for TK, previous AI cheerleader.


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| 2677 views | | 19 replies (last December 16) | Reply
Post ID: @OP+1kbnhj5nd

19 replies (most recent on top)

@1qv+1kbnhj5nd

So in other words, he was always going to backfill one of the real jobs

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Post ID: @1wv+1kbnhj5nd

@1fs yes, he came to start the DEI function. but it was clear even then that he was being positioned to backfill one of the consumer LOBs.

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Post ID: @1qv+1kbnhj5nd

Didn't KS first jump on the stagecoach for some DEI position? Nice job to KS playing Executive Chutes and Ladders.

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Post ID: @1fs+1kbnhj5nd

SVB is no longer head of CSBB? Laid off lurker here collecting my severance.

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Post ID: @k2+1kbnhj5nd

@a3 Who cares, anywhere but here would be good but it would be better if her and her entire brood moved out of the state. Lemon tree and all. I am sure there are enough WF employees past and present that would help her pack up and move

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Post ID: @j4+1kbnhj5nd

When MM doesn’t work out they will be both shown the door

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Post ID: @hj+1kbnhj5nd

TK is still head of consumer tech.

SVB will retire in a couple of years at most. This is a transition to the “winner” k

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Post ID: @ed+1kbnhj5nd

SVB will never get rid of TK. He saved her when BE came in. Got to wonder if there is something there. No sane person would save TK. SVB is not that good at anything either. Maybe this is his demotion as well.

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Post ID: @ec+1kbnhj5nd

@bv
Yep,
I worked in an org that did this, was a mess and they fought till they got rid of one of them.

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Post ID: @da+1kbnhj5nd

Co-CEO arrangements are spineless. Perfect for WF.

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Post ID: @bv+1kbnhj5nd

@b3 because Ansible is going to automate the entire tech department and allow every IT task to be performed by some customer service agents in a 3rd world country who only need to drag and drop icons to make it all happen.

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Post ID: @bk+1kbnhj5nd

Why isn't anyone talking about BE? Its been 16 months. The technical debt is huge and getting bigger. Why isn't BE coding yet?

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Post ID: @b3+1kbnhj5nd

TK is
Leading it from Tech with SVB from business. No change.

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Post ID: @b2+1kbnhj5nd

@a6 Did WF learn the DEI lesson yet ? They fast tracked TK through the years based on - we gotta look good thru the DEI lens.

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Post ID: @ah+1kbnhj5nd

Demoted twice?

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Post ID: @ae+1kbnhj5nd

Food Service, Janitorial.

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Post ID: @ac+1kbnhj5nd

She should "spend more time with her family."

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Post ID: @a9+1kbnhj5nd

Would assume she has the statutory 6 months to leave on her own, before "leaving to pursue other opportunities" granted to the ruling class. However, survived the first slap-down. May have the goods on someone.

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Post ID: @a6+1kbnhj5nd

Where does TK go?

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Post ID: @a3+1kbnhj5nd

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