Thread regarding Wells Fargo & Co. layoffs

The last town hall, my kid (who doesn’t know anyone at WF) happened to be home and overheard the CEO speaking as I was WFH that day. My kid said that was was a really bad speaker because their English teacher taught them you never want to speak with a bunch of um’s and uh’s. They asked who the bad speaker was and was d-mbfounded when I said it was the head of our company.
Dude, go join Toastmasters.

@eqd+1i2FzY6O

Just get a side hustle. Make sure you get Wells Fargo's approval first.

Can someone please teach me how to pay my rent with "job well done"? Says the guy who vets 20% and does not do a job well done.

This was the first time that I'd ever heard Bei Ling speak. I know that she's new, but she did seem to be either in denial or just completely out of touch on how completely dysfunctional the recruiting process really is.

Totally forgot the TH was today. Can’t wait to catch the replay.

I decided not to waste my time on the Town Hall today. I got everything I needed as a recap from this thread. And this was far less painful than watching CS. Makes me cringe and nothing good ever comes from these. Just an entitled rich guy who got a CEO job for his birthday from his other entitled rich friends.

Charlie, you are a trickster. Now they know those who asked this question post on or read TheLayoff.

OP, your theory worked! They’ve opened with your/our question. I wonder is they were planning to have this issue brought up or we actually won this one 😀

Charlie: We want employees here that think a job well done is compensation enough.
Also Charlie: Gets a 20% raise in 2021

Ramble - leave 15 min for questions, more rambling on things no one gives a cr-p about. Worst town hall yet.

So was Mike S telling us to look for new jobs and we’ll get a raise?

Charles said he’s not going to lead with what people want $$$!

If you want to keep good people, they want to be paid and feel like they are a part of a TEAM aka The Cult!

Seems like his points of discussion contradict.

He is so full of sh_t it is sickening.

His answers sound like someone struggling to meet the character minimum on a high school essay

Right. Banks good. Fin techs bad. So simple.

He answers lack the detail that would let me think he actually knows anything about what he's talking about. What a joke of a CEO.

That two minutes could have been saved if he just said “no.” I’m not upset. I knew it would be no.

relax and enjoy the clown show

Have they not heard about stagflation!? They are leaders for a bank?! Or am i attending the wrong town hall and at a clown show?

Glad the bank is so prepared when we are being very stressed by no COA.

that was a useless response…having a zillow search set up doesn’t mean you are gonna buy a house

I think he got the talking points from KJP.

They think about whether compensation is competitive ... for their JPM cronies they bring over at a premium above competitive, and for offers they make to other external candidates. But not for existing employees since they want 50k of us to voluntarily leave so they can collect bigger bonuses.

Spent 5 minutes saying, “Don’t hold your breath”

thinking, thinking, thinking, no doing!

He just threw up in his mouth

He said ‘raises will be higher than in the past … recognizing what’s going on out there’

So that’s a no.

Sigh. Non answer.

I'm shocked that they actually read it! LOL

Got ‘em

Bo-m!

Yeah, they are thinking about it all the time..

There's the forward thinking of our fearless leaders, refinance when rates are higher. Brilliant!!!

Asked

He only cares about his lifestyle. If he truly gad he would reduce cost of medical, give col raise w/o being asked. We are peasants. Nothing more

Done

Does he believe these lies he's spouting? The best candidate? Ha! What about all the very talented people that have been displaced or disallowed to promote because their site/location was closed.

Why do they all have on warm clothes?? Is the AC cranked up?

Duh. And when you enter the same question, they're going to put you on a list of people to let go. You're the Water Bandits of WF.