Thread regarding Wells Fargo & Co. layoffs

Forced RTO is the definition of insanity

https://www.entrepreneur.com/leadership/the-forced-return-to-office-is-the-definition-of-insanity/451934

Remember a townhall when Chuckles himself stated productivity was up during the WFH pandemic. It is all about control. C-suite wants their cake and wants to eat it too! Forced RTO and productivity declines? Good.

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| 2581 views | | 29 replies (last May 19, 2023) | Reply
Post ID: @OP+1mF0UBGJ

29 replies (most recent on top)

Why would you look to employees making living wages to sacrifice for the greater good? Wouldn’t the sacrifice of a few C-suite millionaires contribute more to the greater good? Like maybe starting with the realization that they are not adding millions of dollars of value and narrowing the worker to CEO pay disparity?

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Post ID: @2fse+1mF0UBGJ

I was hired remote so try and change those terms. I am ready to sue!

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Post ID: @2dwm+1mF0UBGJ

Everyone I work with is in India. Just bring back my Amerucan co-workers and maybe I'll consider wanting to come to the office where I collaborate" in person.

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Post ID: @2jxv+1mF0UBGJ

If you want to do it for the "greater good" aka propping up the 1% have at it. but if you feel the need to tell others to go against their convictions....GFY.

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Post ID: @1dxb+1mF0UBGJ

To the brilliant mind posting “I’m not doing it for the greater good”. You are exactly what is wrong with society today. Look beyond your own interests and yes, think about the greater good. None of live in a vacuum and what you do does indeed impact others just as what they do impacts you.

So…yeah, I’m doing my time and yeah, I’m doing it for the greater good. Some things are bigger than my personal inconveniences. Go ahead and downvote if that makes you feel better. I’ll go in because that makes ME feel better.

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Post ID: @1jci+1mF0UBGJ

What is my incentive to go into the office? 10+ year employee, I have already built up my relationships. None of my team are here. All of my meetings are video conference. Shared desk. No food.

What is the benefit? How can we say we are green when we are requiring 40m of travel each way a day?

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Post ID: @1duv+1mF0UBGJ

NO, I will NOT be RTOing for the "greater good."

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Post ID: @1tmo+1mF0UBGJ

@1ecy+1mF0UBGJ , so like everything WF does, gaming the system!!

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Post ID: @1ned+1mF0UBGJ

Agree with poster saying this is all about propping up CRE values. That’s what this is truly about. If CRE market craters, we are in for a horrible ride. We are in a phase where the powers that be are trying to have a gentle transition to WFH so that the other stakeholders who will be impacted by this change can also adjust gently. Pulling the plug is devastating as we just experienced during Covid, but PPP and the stimulus checks the government used to soften the blow just can’t happen in perpetuity.

I hate RTO for my personal impacts and no, doesn’t make any logical sense from a productivity standpoint nor the line that we are “better together” as though we all live and work in the same place. But beyond my own personal interests, I can get behind this strategy of helping the market adjust gently to the new reality. We will all be better for it.

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Post ID: @1zzw+1mF0UBGJ

At this point I really think it’s about propping up the commercial real estate industry just long enough for financial institutions to gradually divest without those assets going full-toxic. Along with nominally satisfying external political demands to bring workers back to city centers and save the businesses built up to cater to workers in those locations. Even in industries where there isn’t a direct financial link between a company and the CRE market, those political pressures still exist. Not to mention many of the C-suite decision makers in those industries probably have a lot of their personal assets with hedge funds and the like that would go belly up if CRE came crashing down all at once.

The fact that it’s been confirmed WFC is not even bothering to track how long we’re actually in office or at what point in the day we show up — just that we badged in and/or connected to the WFC wifi at least once — makes it clear whether or not we’re actually doing our work in-office doesn’t matter to them at all. They just want to be able to show metrics that check the box to politicians, CRE investors, retail/food-service first-floor tenants, etc. Actually tracking time would eliminate the plausible deniability of the truth that RTO efforts won’t save CRE, unless they want to further waste time/resources on enforcement that won’t actually help productivity.

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Post ID: @1ecy+1mF0UBGJ

FRYO. Going to bring my vodka and my phone to watch tv and play games to protest. If you want me to work I am remote only.

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Post ID: @1itm+1mF0UBGJ

There will be no in-office production. I'm "to busy collaborating" with no one. I'll get my work done from home where I can actually focus and I've been working for years. FRTO and FHY.

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Post ID: @1rlw+1mF0UBGJ

@jse+1mF0UBGJ

Secretive is the M.O. here

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Post ID: @1lif+1mF0UBGJ

FRTO and fFCharlie!

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Post ID: @1yek+1mF0UBGJ

The three days I am in the office, I interact with zero human beings face-to-face. I am on the phone or video conferencing. RTO might work at smaller corporations, but in a bank this size it's short sighted.

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Post ID: @1mvf+1mF0UBGJ

FRTO

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Post ID: @1swd+1mF0UBGJ

The Great RTO War rages on. Victory or death.

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Post ID: @1oll+1mF0UBGJ

My “sanitized” unassigned desk had a used tissue and the previous days sanitized card under the keyboard today. The desk had a smear of something on it and the Monitors wouldn’t work. The arm of the chair wouldn’t adjust. The c-suite has lost their minds! My home setup is MINE and it WORKS! FRTO!

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Post ID: @tug+1mF0UBGJ

The same people that own the banks also own much of the real estate in the cities. It’s all about using one of your LOBs to prop up another.
The more employees back in the office means more money for the “landlords”.

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Post ID: @uon+1mF0UBGJ

In technology before the pandemic, it was always WFH 2 days a week. CPG required 15 days in the office to keep your desk. YOUR desk. Now we have this JPG share desk BS and RTO is mandated. The only reason is to serve the interests of the rich. Elon is in the news today pushing RTO. Oh really? The guy who sells cars wants people to RTO? Self-serving, greedy, elite.

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Post ID: @edi+1mF0UBGJ

I think we all know that 3 Days RTO now means 5 Days RTO in the future. It’s a matter of trust, and this leadership team has been nothing but secretive and non- trustworthy.

I think if the C- Suite says, in writing, that 3 -Day RTO is here to say, most reasonable people would calm down and fall in to place.
But they haven’t said that, therefore it is logical to conclude that they are going to lower the hammer at some point.

Our Manager is already pressuring her A-team to lead by example and be in the office 4 to 5 days per week.

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Post ID: @jse+1mF0UBGJ

Much unhappiness, RTO or WFH. Working at WF is all about testing one's tolerance for career malaise.

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Post ID: @kii+1mF0UBGJ

maybe once all the winey little bee atches who refuse to rto get fired we can finally stop talking about it. if you don't like your circumstances go find another job. no one at WF is forcing you to be here.

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Post ID: @pve+1mF0UBGJ

❤️RTO

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Post ID: @jxs+1mF0UBGJ

@emg+1mF0UBGJ I don't know that I would call our RTO directive Flexible but it is certainly Hybrid. Still NOBODY wants to hear your logic and attention to detail. Let them rage against the machine. These d-mb d-mbs.

D-mb D-mb want a cookie? A nice big Gookie Cookie? You can gobble it all right down, yes you can. Your a big boy now, gobble the gookie cookie.

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Post ID: @gst+1mF0UBGJ

We don’t want hybrid work. We want remote. FRTO

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Post ID: @fvp+1mF0UBGJ

FRTO

Productivity and motivation will always be subpar the more we're made pointlessly be in an office.

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Post ID: @lrx+1mF0UBGJ

Did you even read the article? This is the opening paragraph:

Yet despite the overwhelming evidence that flexible hybrid work is more productive than forced in-office work for the same roles, top executives are stubbornly herding employees back to the office like lost sheep.

WE HAVE FLEXIBLE HYBRID WORK.... so stop complaining.

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Post ID: @emg+1mF0UBGJ

The Rich Boyz Club needs to justify their existence and their ridiculous salaries. They don’t like being “less visible” when they WFH because much of their career has been built on expensive suits, glad-handing, showboating and $ucking up.

WFH reveals their weaknesses (or strengths in the case of excellent managers). In our LOB - it certainly revealed their lack of concrete skills, their lack of contribution towards the work getting done, their weakness in technology, how little they know about the business they manage when their under-recognized #2’s aren’t immediately accessible, their fumbling when teleconferencing , and specifically their lack of measurable output. Our LOB has since eliminated several of our Senior Directors without replacing them and everyone is asking “What, exactly, did they do all day?”

*Note -I’m all in for the experienced managers with institutional knowledge who can roll up their sleeves, solve problems, and assemble and support productive engaged teams. I’m not for the overpaid Yes-Men who lack substance, experience and a backbone.

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Post ID: @vee+1mF0UBGJ

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