Thread regarding Wells Fargo & Co. layoffs

Constant re-orgs with no direction

Anyone else on a team that has a leadership change every few months and given very little direction? Seems like people are constantly disappearing and we’re all expected to work in a “matrix” environment which basically means the manager has no clue what you work on and is not expected to provide you direction on projects so there’s no one to provide support…and these are all being framed as efficiency changes which I have seen no efficiency at all


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| 4175 views | | 25 replies (last February 19) | Reply
Post ID: @OP+1kabvq8kh

25 replies (most recent on top)

16 manager changes in 4-5 years

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Post ID: @d9k+1kabvq8kh

@px - 16 manager changes in last 4-5 years.

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Post ID: @d9e+1kabvq8kh

I have had 9 mangers in 4 years lol

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Post ID: @px+1kabvq8kh

People heading towards a layoff don't need any "direction".

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Post ID: @pv+1kabvq8kh

@OP been at WF 15 yrs and have had 12 managers. At one point I wasn’t even sure who my manager was for several weeks.

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Post ID: @gw+1kabvq8kh

@ee
And they wonder why we are zoned out. I feel sorry for you.

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Post ID: @f9+1kabvq8kh

what I have seen a few times is that someone gets promoted into a more senior role in another group then they take their cronies with them which leads leadership vancancies that then get resolved via reorg. as a manager I get frustrated that I can't move someone from another team I to my org. but if you are senior enough there is no problem with it at all, but that's par for the course.

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Post ID: @ee+1kabvq8kh

@a4
Pfft, thats nothing.
I had 5 managers in less than 4 years with 2 reorgs. Of those 5, 2 are gone and one got promoted. Zero direction from all of them except my current one but that one is just following what is being fed from on high. But of course, they all came from the same bank 'er firm.

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Post ID: @e1+1kabvq8kh

As certain as the sunrise, each new manager prompts us to spruce-up our group overview PPT deck and schedule countless meet & greets where we all just stare at the wall. All so the new manager can remember us when dolng out the 1% merits.

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Post ID: @dt+1kabvq8kh

@OP
, spot-on—this isn’t change management, it’s chaos management. Endless reorgs, vanishing leaders, “matrix” = no one owns anything, zero direction, zero support. Every one sold as “efficiency” while technical debt festers untouched. Management spends 90 % shuffling org charts, 10 % pretending they’re building. Result? Ghost teams, morale in the toilet, same legacy garbage (SSIS, EPL) rotting forever.I can’t even blame BE for importing BNY cronies (@av
)—who could trust home-grown Wells Fargo “leaders” who only learned to survive by bullying, never by developing talent or removing blockers? They’ve mastered fear, not leadership. That’s why she brings in outsiders; the internal bench is toxic.After I left I had to re-learn actual management at a real bank. Good leaders set vision, clear roadblocks, let teams ship—not play musical chairs while offshoring everything. Account-scandal playbook 2.0: churn, scare, hide the All-India disaster.This company is thrashing (@a5
) and heading for a hard crash. Reboot won’t come from inside.Document the chaos, upskill on their dime (AI, Snowflake, Cloud certs), quietly quit, and jump. JPMorgan hasn’t re-orged my team once in two years—we ship real value weekly.Read what these clowns never did: The Fearless Organization. My mission: fearless workplaces. There’s a much better option out there—go take it.

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Post ID: @ds+1kabvq8kh

@b8 ok Johnny

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Post ID: @by+1kabvq8kh

You ever hear the phrase ‘rearrange the deck chairs on the Titanic’? It’s like that.

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Post ID: @bx+1kabvq8kh

I’ve never seen so many useless reorgs as here. Imagine what we could do if we didn’t have them. New leader, new alignment, same old bs.

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Post ID: @bv+1kabvq8kh

Had 2 managers within 6 months of being here. Experience has su-ked thus far.

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Post ID: @bn+1kabvq8kh

I started at another company last year and have not been re-orged once. Also, haven't seen it much in the company in general. At Wells it was exhausting how many re-orgs their were and just tells me how terrible the leaders are they have to keep changing things.

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Post ID: @bd+1kabvq8kh

I’m on my 3rd manager this year…

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Post ID: @b8+1kabvq8kh

BE is bringing in her cronies from BNY. She needs to shuffle positions around to make room for her buddies.

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Post ID: @av+1kabvq8kh

Re-orgs are the preferred tools of the staggeringly incompetent management team to provide the illusion of being effective managers.

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Post ID: @as+1kabvq8kh

@am - You manager never visited the 'border', i.e. done any work, like dopey Kamala?

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Post ID: @an+1kabvq8kh

A lot of senior managers and Executive Directors at Wells Fargo are absolutely clueless. They have no vision for the future. All they do is react to headcount/cost reductions that are given to them. Horrible leadership!

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Post ID: @af+1kabvq8kh

It’s like a circus minus the fun.

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Post ID: @aa+1kabvq8kh

It is a classic case of thrashing operating system. This company will come to a grinding halt, and then, crash. A reboot is needed NOW. Later will be too late.

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Post ID: @a5+1kabvq8kh

I've had six managers in the eight years I've been with the company, and with several of those managers the team went through multiple reorgs even though I kept reporting to the same person.

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Post ID: @a4+1kabvq8kh

constant reshuffling of the deck chairs. I haven't had a reorg in about a year, but I do expect one in the next 6 months or so.

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Post ID: @a3+1kabvq8kh

Yep. The constant reorgs like everything else in this company is to generate attrition.

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Post ID: @a2+1kabvq8kh

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