Thread regarding Wells Fargo & Co. layoffs

How do we keep the lights on?

I have no idea how we keep the lights on other than sheer brute force. The layers of stupid that exist that we deal with continues to surprise me every day. It's on all sides of the fence here. Stateside and Off-Shore. Nothing is ever your problem, it's someone else's problem but you don't know who's. Receive a mass email that you want to reply to? F it, reply-all because that seems like a reasonable thing to do when it only needs to be seen by the sender. Good luck finding the email distro, Jira or ServiceNow name of the people you need to engage. Ask a Q, get some non-nonsensical answer back because the recipient didn't bother to read and comprehend the ask.

I would have expected the two years of layoffs would have left us with some quality talent. Instead it's the opposite.

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| 1867 views | | 17 replies (last October 13, 2023) | Reply
Post ID: @OP+1p37TwoK

17 replies (most recent on top)

Wait till someone actually wakes up and figures out TK is a fraud of a leader and lacks SME or strategy. Then Ken M takes over and we will get more self puffing and chest thumping and he will care more about himself. TK and KM are spitting images of ineffective leaders , the female and male versions .

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Post ID: @1nfd+1p37TwoK

@dnz+1p37TwoK

The new blood are the losers from JP Morgan who could not make it there.

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Post ID: @hkf+1p37TwoK

So much for the “new blood” that was supposed to solve everything

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Post ID: @dnz+1p37TwoK

The lights in my area flicker at best. So many things broken and no cares from management.

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Post ID: @uuu+1p37TwoK

OP, regarding last sentence, layoffs are not part of a strategy to improve the company's quality of work or its people. I haven't seen anything encouraging to improve anything beyond fixing the balance sheet and pleasing shareholders.

There is nothing anyone can do improve the workplace unless there is a way to do that by generating profits.

It all sounds like charity, to create a healthy work environment. Really sad how it has come to this.

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Post ID: @ocm+1p37TwoK

It is mind boggling. But like clockwork, the WFC machine will produce 4-6B in profit each quarter despite the sheer widespread dysfunction and incompetence. Shows how good the legacy wf leaders who built the franchises were. Even the asset cap doesn’t stop the production of billions per quarter

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Post ID: @xue+1p37TwoK

You get what you ask for. WF's strategy is to literally drive this place into the ground.

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Post ID: @kmn+1p37TwoK

Silly goose. Competency is not a factor in planning layoffs. Only location

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Post ID: @jzz+1p37TwoK

@vpe+1p37TwoK

IMO, the bank was always bad with this because they never got rid of the low performers. They constantly just kept hiring people. The would basically hire a person to perform one task. Now, the company is addressing with layoffs. The problem is they are laying off the wrong people.

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Post ID: @kjo+1p37TwoK

@vhw+1p37TwoK

nonsense, all of the CEOs banking buddies across the industry are conspiring. there is nowhere else to go unless you want to take a pay cut or diverse hire. not sure about you but I chose neither.

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Post ID: @kvj+1p37TwoK

I don't know what WF was like pre-scandal because I started here in 2015, but the intelligence and engagement level of the people I've worked with across several organizations just keeps getting lower. It's genuinely unbelievable that we're able to make any money as a company.

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Post ID: @vpe+1p37TwoK

Happy birthday Holly!!

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Post ID: @zcu+1p37TwoK

You must have not been here long because all of what you mentioned has been going on for over 15 years

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Post ID: @wrq+1p37TwoK

As for “reply all”, I honestly don’t know why they can’t stop that; something like an “are you sure” extra step before it sends.

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Post ID: @mmv+1p37TwoK

All the quality talent left because that's who can leave. You are stuck with the ppl that can't get jobs outside the company. Not to mention the hiring of many ppl that don't even have the basic skills for their own roles. Some off the offshore hires don't even seem to be able to do grade school level work. Before I left, I was moved to an "analytic" team that all came over from BoA. Not one of them, including the manager, could write even 1 line of code. Could barely use excel.

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Post ID: @vhw+1p37TwoK

Welcome to the new improved Wells Fargo.

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Post ID: @blx+1p37TwoK

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