Thread regarding Wells Fargo & Co. layoffs

Read elsewhere: perception

“1/2 the post on this board substantiate the general perception. All the nyuckity nyuck nyuck comments show the maturity and mentality of what to expect from WF.”- -truth

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| 802 views | | 4 replies (last April 4, 2023) | Reply
Post ID: @OP+1lXMvsQ9

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@qli+1lXMvsQ9

Pretty sure more people don't think of it as a Right, they just know the alternative is stupid and a waste of time for tens of thousands of employees. The execs aren't doing it for any business reason beyond getting people to quit and saving severance. A year in, I can honestly say that it's done nothing but waste time and money and has noticeably degraded my work output because time I used to invest in actual production is now wasted driving around for no reason. Teams distributed due to customer location see no benefits. You drive to a random building full of distractions, ancient tech and uncomfortable furniture so you can email/call/Skype/Teams with your actual peers, manager, and directs that are spread across the country. There's no valid business case and I know because I just conducted a year-long experiment. It's about pushing people to the door, and it's blatantly obvious. There's no other explanation.

If we want to talk about an actual valid business case, let's talk about saving millions of dollars per year that we waste on housing employees for no reason. Let's talk about the cost of intentionally tanking employee morale. Let's talk about the massive amount of risk, HR cases, and scandal that has been the direct result of needless in-person work.

Those in Hudson Yards have no business case, so it all falls back to "because I said so" and "because everyone else is doing it". They can do that, but it pi---s people off to be lied to and insulted. Highly qualified people will leave for better jobs and saner employers, which weakens your existing workforce. This will result in serious negative consequences for company performance in the medium/long term which will be amplified by the narrow-minded location strategy. Other than that, it's a great for "the firm".

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Post ID: @1xqi+1lXMvsQ9

FYI @qli, WFH is not a right nor a privilege - it’s a workspace model, just like like a cubicle or an open office are. It works works best for some jobs, for some it doesn’t at all, and for some jobs hybrid solution is the best.

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Post ID: @1mvo+1lXMvsQ9

Couldn't agree more, you get these few loud voices who make it seem like they represent everyone with their views. This is how it plays out in the media and in politics as well.

Anything extremist or polarizing on this site is not representative of the whole by any means. Anonymous = an excuse to throw caution to the wind.

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Post ID: @dwi+1lXMvsQ9

This is a tiny self- selected group not really representative of the whole.
These days it’s mostly people who decided at some point that WFH was a right, not a privilege.
That’s not the majority.

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Post ID: @qli+1lXMvsQ9

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