Thread regarding Wells Fargo & Co. layoffs

Banks credit risk is so well managed then why is the organization so bloated?

There are so many directors, managers, sr leads. All just attending meetings and cruising?


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| 721 views | | 5 replies (last January 15) | Reply
Post ID: @OP+1kezg0agr

5 replies (most recent on top)

The Wells Fargo way is to stream line and become more efficient
1) git rid of productive people
2) hire Agile coaches and pay them high salaries' to make cards and move them around on a board.
3) hire your buddies from BOA and BNY
4) with all the extra management micro manage productive employees and have them make more jira cards to make them less productive.

Solution: management has pretty metrics showing how much work is being done.
Result: nothing being done.

thanks Chxrlie

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Post ID: @cx+1kezg0agr

I'm in risk and agree, way too many managers and sr leads. I'm just a grunt and it takes 3 managers to ok work while they preach needing to find efficiencies.

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Post ID: @cv+1kezg0agr

Risk will be hammered this year

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Post ID: @ag+1kezg0agr

What does MW do with his 600+ head count?

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Post ID: @ac+1kezg0agr

Corruption and incompetence beat out any meaningful attempt to address this bank wide issue through spans and layers like initiatives.

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Post ID: @a3+1kezg0agr

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