Thread regarding Wells Fargo & Co. layoffs

Chuckie's CEO Townhall

Good Grief...he is a TERRIBLE speaker! You'd think as a CEO of a large corporation he'd have gone through toastmasters or something to be able to recognize that you don't say "aaahhhh" or "ummm" to fill gaps in your talks. Instilling confidence in his employees...since... NEVER!

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| 5132 views | | 28 replies (last May 10, 2023) | Reply
Post ID: @OP+1mxOGnqb

28 replies (most recent on top)

People get caught up in systems and before you know it they are doing bad things. I don’t think Charley is a bad guy or evil like some people are saying. But he’s part of a system that focuses on stick value over people. Giving away millions while hanging layoffs over people’s heads is terrible.

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Post ID: @1oic+1mxOGnqb

Can you see Chuckles sitting at home, with some incense burning, strumming a guitar? “I gave my love a cherry that had no stone. I gave my love a chicken…”

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Post ID: @1hdh+1mxOGnqb

Chainsaw Charlie tried to convince people he has a great plan. In place. What kind of plan dumps thousands of great employees. Charlie is the devil. He has no soul

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Post ID: @1vdp+1mxOGnqb

“ The facts:
Isn’t it pathetic that the CEOs before chainsaw had the company at a higher stock prices $50+ a share when chainsaw took over and now we are lucky if we have her around the high $30s to low 40s of share. ”

Isn’t it funny that Stumpf wrote into Carrie’s review she was backing off her 8 is great strategy after the LA Times exposed it, causing her to double-down on her efforts. Isn’t it funny that Tim Sloan was the CFO and allegedly wasn’t aware of her illegal activities. Isn’t it great that the share price was higher than it is today.

I’m sure many of you had a good run back then, but it was at the expense of customers.

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Post ID: @1zks+1mxOGnqb

@usj you had me until "where in tear," which was pretty far.

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Post ID: @1vba+1mxOGnqb

Uhhs and Umms can be the difference in any of us mortals from scoring high enough on an interview to get selected or not

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Post ID: @1vyx+1mxOGnqb

Charlie came to the layoff board to see how he did. Two words. YOU SUCK!

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Post ID: @1frf+1mxOGnqb

Trolls and Charlie here on the layoff board posting what a great CEO he is. Verbal vomit! Pathetic low life thief. I hope he goes to prison for all the fraud committed. Your employees hate you Charlie. Get a clue. You will go down as the worst CEO ever for destroying this company.

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Post ID: @1yol+1mxOGnqb

I need a couple drinks after reading all the posts here..🍸🍸🍸

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Post ID: @1xbu+1mxOGnqb

I agree with some sentiment on this message board but the town hall wasn’t that bad. Certainly seen worse.

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Post ID: @1rox+1mxOGnqb

I'm sorry to say that many of the haters here do not deserve to be WF employees at all.

Very disrespectful and rude lot. You don't get to be CEO of a multi-billion dollar corporation if you are stupid.

These haters here are not even smart enough to be Managers. 😡

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Post ID: @zkn+1mxOGnqb

Wow, what a complete waste of time and zero information provided. Does this guy even know how to rally the troops? I have never seen morale so low at a company in my life, and be able to attribute it directly to the CEO.

I also find it hilarious that this man lacks complete accountability after being in his role since 2019. Sorry bud, you stop inheriting things once you’ve been in a row for three years at the most! This guy needs to STOP BLAMING the banks problems on past leaders and hold YOURSELF ACCOUNTABLE. Or, at least the operating committee or Board of Directors should.

Obviously, it is in the Board of Directors interest to make the CEO out as being successful. However, the reality is chainsaw has done NOTHING but continue to receive billions in fines from regulators and lawsuits due to the CEO’s bias. This has coincided with the constant offshoring job’s, and ruining morale in purpose. HE IS AN ARROGANT, INEFFECTIVE LEADER And should be shown the door. I am not sure how the shareholders don’t feel the same.

The facts:
Isn’t it pathetic that the CEOs before chainsaw had the company at a higher stock prices $50+ a share when chainsaw took over and now we are lucky if we have her around the high $30s to low 40s of share. I am pretty sure if ANy of the employees had these kind of results or lack there of they would have been canned two years ago.

The fact is we have a bias, dinosaur CEO with short sighted initiatives, and lack of knowledge. It’s funny how he does not mention his BNY Mellon days where essentially his return to office strategy failed. He didn’t last long there (public knowledge).

Still, the Board of Directors approves chainsaws, multi million dollar raise again this year, even though he publicly stated that HE WOULD NOT be accepting a raise this year, yet he got the seven-figure increase in base salary. If his excuse was to have his pay more in-line with similar banks, Guess what…. WF is nothing like other banks….. at the moment. As I recall, not one bank, is operating under an asset cap, and restricted to grow except WF. I also found it funny how he tried to make it sound like it cost the bank money to bail out first republic. I don’t know the specifics, but I guarantee you it is a great investment in the long run, and the bank will make money off of it.

It is funny how everything is portrayed as we’re making progress and everything is going well. I think the employees call total BS on it and would rather spend time doing something more efficient than hearing this guy on a Townhall just to hear himself talk with a brow-nose by his side.

What a joke. If we are really making progress, how about they start showing it in a presentation mapping it out for the employees to see. Or would that be too difficult for an individual who makes 8 figures to put together a presentation. Maybe it’s just the fact that no progress has been made whatsoever so there’s nothing to actually show.

Yes, layoffs will continue through 2023 because the only tool in this dinosaurs toolbox is to cut headcount/offshore. I’m sure it also adds to the fudged diversity and inclusion number by offshoring.

And don’t let this guy try and compare himself to any employee. He talks about going to the office and collaborating blah blah. The truth is chainsaw is driven to work by a luxury car, and driver paid for on the companies dime. So when you guys are sitting in traffic on your hour, long commute, he is sitting in the back of his Rolls-Royce drinking Mojito’s listening to one hit wonders like Lala Bamba. Meanwhile you’re you’re stuck in traffic putting where in tear on your own vehicle rushing to pick up your kids or whatever. My point is, there couldn’t be a bigger hypocrite. Either he is clueless of what his actions are, causing, or, most likely just doesn’t care. As soon as he shares vest and he’s fulfilled his offer letter he’s gonna bolt. You’ll see! Take a look at his offer letter on the SEC website if you don’t believe me. Just another day on the out of control stage coach.
“ I always tell the truth, even when I lie.”

/// “The grass is greener on the other side. Either get out or unionize. Everything in this post is publicly available information, and there is no reason for it to be taken down”.

#WELLSFARGOPROBLEMS
#WHATAJOKE
#WFC
#WFCPROBLEMS
#INEQUALITY
#WF
////
#LAYOFFS

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Post ID: @usj+1mxOGnqb

@tji+1mxOGnqb you have to listen. Charleeeee did a great job at not answering the question around space at Hudson Yards (really it affects all locations though) by deflecting to how much time people are expected to RTO. Management under him are required 4x a week in with his caveat that "some do 5". That requirement hasn't trickled all the way down yet but oh ye wait, it shall. The drip drip drip continues.

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Post ID: @mgb+1mxOGnqb

From the commentary here it's obvious I made the right decision to not listen to the call. Nothing of substance, as usual.

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Post ID: @gal+1mxOGnqb

I think Chuckie is related to Joe Biden. Neither of them can speak and both have the mentality of a 2 year old.

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Post ID: @bbd+1mxOGnqb
  • Can’t speak and act professionally. He is a f&$king mo--n.
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Post ID: @jpm+1mxOGnqb

I think he said days in office but not hours. To mean he is saying you have to drive to work 3 days a week and log in. There are no set hours you have to stay.

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Post ID: @dpc+1mxOGnqb

In fairness, no one up and down the ladder knows what they're doing in leadership roles at Wells.

So why should the CEO be any different?

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Post ID: @ork+1mxOGnqb

In the town hall did he say we have to RTO 4 days per week?

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Post ID: @tji+1mxOGnqb

Amusing...
So...
Many...
HATERS...
On...
Here...
Today... Are you all paid by "CHUCKIE"? There is no way anyone that's employed by wf is sticking up for him like that. PLANTS!!!

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Post ID: @qum+1mxOGnqb

"We’ve gotta protect our phony, baloney jobs, gentlemen!"

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Post ID: @gtk+1mxOGnqb

Just shows you people with disabilities can also be CEOs.

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Post ID: @vbt+1mxOGnqb

The last one I attended was just the execs slapping themselves on the back. I’ll FF through the recording when it becomes available. For as long as I can stand it, anyway

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Post ID: @xza+1mxOGnqb

Is Charlie’s PR team out here in full force today?

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Post ID: @fcg+1mxOGnqb

Were you going to finish that thought? I know understanding punctuation isn't really a priority in the call center.

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Post ID: @jba+1mxOGnqb

It’s always these mailroom and lockbox people that have the most to say in here…

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Post ID: @bvp+1mxOGnqb

Yes, misused ellipses would be much more articulate. Of all the things wrong with Charlie, for some reason, there is one commenter here who obsesses over his "ums". (And it's the same guy upvoting his own post over and over, go figure)

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Post ID: @zvz+1mxOGnqb

If he was perfectly articulate you’d say he was a phony

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Post ID: @gdc+1mxOGnqb

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