Thread regarding Wells Fargo & Co. layoffs

Corporate lies and double speak

Credit to Peter Girnus— decoding the Amazon layoff thread that could be easily applied to the burning stagecoach

To whom it may concern,

Senior Vice President of two trillion dollars company reaching out to you again.

Some of you had trouble understanding Beth's email.

Allow me to translate.

"Strengthening our organization" means firing people.

Organizations get stronger when they're lighter.

Like a boxer cutting weight.

The weight is you.

"Reducing layers" means eliminating management.

Layers are what cakes have.

And onions.

You are neither.

You are overhead.

"Increasing ownership" means fewer people doing more work.

Ownership sounds empowering.

It means you now own three people's jobs.

At one person's salary.

Congratulations on your ownership.

"Removing bureaucracy" means cutting support staff.

Bureaucracy is a word for people who help.

HR. Finance. Admin.

They're not bureaucracy when you need them.

They're bureaucracy when we need savings.

"Organizational changes" means layoffs.

"Organizational" makes it sound like furniture.

We're just rearranging.

The furniture is your desk.

It's leaving.

"Impacted" means fired.

Impacted sounds like a meteor.

Or a wisdom tooth.

Something natural.

Something unavoidable.

This was a spreadsheet.

"Roles" means people.

We don't eliminate people.

We eliminate roles.

The people just happen to be inside them.

"Teammates" means employees.

We call you teammates so it feels like sports.

Sports have teams.

Teams have cuts.

You didn't make the roster.

"Support" means 90 days.

90 days to find a new role.

Inside the company that just eliminated yours.

It's like being dumped and asked to keep dating.

"Future endeavors" means unemployment.

Endeavors sounds adventurous.

Like you're exploring.

You're exploring LinkedIn.

"Strategic areas" means AI.

Everything strategic is AI now.

You are not AI.

You are overhead.

We covered this.

"Not the beginning of a new rhythm" means we'll do this again.

But not on a schedule.

Surprise layoffs.

Like a pop quiz.

But instead of failing a test, you lose healthcare.

"Grateful" means nothing.

"Thank you" means goodbye.

"Beth" means the spreadsheet signed an email.

I hope this helps.

If you need further translation, I'm available.

Until I'm impacted.

Anyway, have a great Wednesday everyone.


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| 1203 views | | 4 replies (last January 29) | Reply
Post ID: @OP+1kg3k8g16

4 replies (most recent on top)

You should apply for that storytelling role.

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Post ID: @cm+1kg3k8g16

@aj+1kg3k8g16

Nice try shart.

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Post ID: @az+1kg3k8g16

Laid off in 2024. Star performer not in a hub. You need to start looking now. People are waiting for severance, which they definitely earned, put themselves at risk to not get another position. The market now vs 24 is awful! Waiting for severance is now a liability. Get into a new firm now. You still have some time to be thoughtful and selective. But time is running out.

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Post ID: @aj+1kg3k8g16

My head hurts.

It’s VERY presumptuous to assume getting leaner makes the residual core better. In WF’s case a better metaphor it’s tossing ballast while the ship continues to take on water as it circles the drain.

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Post ID: @a8+1kg3k8g16

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