Thread regarding Wells Fargo & Co. layoffs

Leaders with less than 8 directs are redundant

Create unnecessary bureaucracy, hamper innovation and significantly slow down decision making.


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| 1641 views | | 6 replies (last September 18) | Reply
Post ID: @OP+1k5d2ftrp

6 replies (most recent on top)

There are way too many managers in WIM that only manage other managers.

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Post ID: @cr+1k5d2ftrp

Manager spans rolled out 5 years ago and many managers were cut. The big problem with increasing spans is they expect managers to manage the team and own a ton of their own work. So the higher team counts quickly fell apart and it's easy to find managers with 3 or 4 people.

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Post ID: @bs+1k5d2ftrp

Yeah, old news. There are exceptions for certain functional reasons, but spans and layers got rid of a ton of managers.

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Post ID: @ar+1k5d2ftrp

We had that "span & control" culling of managers a few years ago. Lost my first manager due to that.

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Post ID: @an+1k5d2ftrp

@a5 and for u giving me a - rating. I used to work at JPM. Their stock price is 300 plus $. They’re doing something good. Their SWOT analysis is way better than wells lazy incompetent leadership

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Post ID: @af+1k5d2ftrp

Forget directs Wht about senior leads with no one reporting to them. Too many nepotism in leadership titles at Wells Fargo. At least JPM under Jaime Dimonds doesn’t play this incompetent leadership. That’s why they are number one.

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Post ID: @a5+1k5d2ftrp

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