Thread regarding Wells Fargo & Co. layoffs

They will just backfill with India.

Collective bargaining is the only way to stop the autocratic march of America and business. It fixed the great depression, it will be the only way to fix the coming depression. They think AI will replace all of tech, but it's not ready.

All the naysayers have no clue just how much manual work goes into maintaining the illusion of this bank never going offline. If tech even took one single day off, the bank would suffer a huge financial impact. I work with one of the tech prod support groups, and you would not believe the amount of emails about things breaking. It's non-stop.

If IT wants to push back, form a union. Yes, the people who've been here forever (yours truly, over a quarter-century) would probably make out like bandits. So what? 5-7 years of being compensated what I'm actually worth, and I'll sail off into the sunset, never to work again, opening that job to the next person who has been paying their dues with personal time, for decades.

Management only has control if you let them have control, and you all - for some reason or another - are willing to let them run roughshod over you. So what if the economy is garbage? Anyone who works a real IT job here knows it takes a minimum, bare minimum, of 2-6 months to get someone onboarded and trained up. Even then, you start them out with smaller, more forgiving work, because it's a depth of knowledge job, not a breadth of experience job.

Just think back to how they thought they didn't need QA, laid all the QA groups off, then 6 months later, everyone you knew who worked in QA was back in the GAL.

Collective bargaining works, history proves it.

I was accidentally on a call where they will
Pull down posters te--orize those who want to unionize. I'm in COO is there a union I can join I will. I'd rather that then rely on the runaway chuck wagon. they are illegally trying to break the unions before they start next time I'm recording it. F it.

@cm and @dz , neither of you are wholly wrong but it’s far more nuanced.

@dz , wells could absolutely backfill very quickly with competent enough people despite what many of my colleagues under BE would say. Most people think they are far more important and intelligent than they actually. Where the lag would come in is that it typically takes weeks to months to really onboard into a technology team. You may know X but how it is employed and configured at Wells can easily be 180 from how it is utilized at Comcast.

And @cm, you’d never get enough people to call out sick/PTO on the same day much less stage any kind of walk out to make any meaningful impact. In general the American populous has mismanaged their finances terribly and live at or near pay check to pay check. They will do nothing to endanger their income. Just look at the 8 hour adherence right now. No proof, all threats, not messing with that dollar.

@cm agreed, but it seems there's a line of people looking for jobs that would step right in. I'm not in IT, that's just what people seem to say.

This will expedite offshoring and the new cost for H1Bs is now justified, but keep dreaming.

@ch
The difference is revenue producers could walk for a year and it wouldn't be much of a impact, the churn in the portfolio balances would be minor and also offset with lower wage costs. Do you have any idea the number of systems we have, the data problems we have, even a minor downtime of 1 hour and its in the news. Imagine chaos and customers who can't get their money or their financials are wrong for a couple weeks. The board would be wise to fire Bridget right now.

@ac you could say the same about a lot of groups especially revenue producers. However, I bet there's a lot more IT people in the job market right now than there are revenue producers. There's not a lot of alternatives to being in money. There are alternatives to staff like India and outsourcing.

Don't get too big for your britches.

lol-- good luck with that. None of that is going to happen. Even IF somebody managed to unionize IT workers, the best you could hope for is in-office flexibility.

@OP You are full of it.

All CS has to do is buy a few million of Trump's crypto and the Labor Department will make organizing illegal at Wells Fargo.

I highly doubt IT employees will unionize. All hat and not cattle.

@a3+1k6kq7fzb

Now you know why HY is contracting and outsourcing tech.

IT is much more powerful than any other group. They could crush this place with a 1-2 walk out. Can you imagine all the data on the backend getting corrupted and falling apart, or companies doing business with us start finding their data and financial suspect. If they want to strip us of human dignity spying on their employees, fine, but it comes with a heavy cost.

@a2 free coffee.

Wife is a nurse here in the Bay Area. They more or less have already achieved almost all of this.

The bummer is that you have to play by the Union rules (e.g., seniority always wins) but when it comes to WLB and pay, you cannot beat it.

I like this.

Guys dont be stupid, look what they did to us since 2000. In 25 years they kept taking, and taking, and taking.

Unionize and put the stop to this.

It's better to be under corrupt unions than abused like this.

If i take another fu--ing 11pm call with india i'll go bananas.

You have my vote.

Yup just make $h!t up on what we can negotiate… mean while show us the outcome of what has been negotiated for the employees of unionized branches… remember you all pay dues, even if nothing is delivered…

If IT employees walk with picket signs the bank won't function, that's a whole lot of power.

Only 20 hour work weeks
100% raises

What other stupid outlandish things to include?