Anyone else get the word?
35 replies (most recent on top)
If only it was blind rage, but unfortunately for HY, in spite of their constant lies, we see more clearly than ever what they are doing. You will too, in the end.
@2udw+1pLuoRzA Nobody wants logic, blind rage and rash responses are far more constructive.
I was hired as remote and worked from home forever. But yes, they can rip up the paperwork and make you do whatever they want. That’s why I am leaving this place right after bonus on 2/5 or whatever that Monday is. I decided months ago and have been waiting for bonus, then I’m out of here.
Troll!
@1mfz+1pLuoRzA
"I mean give us a reason other than the Boomers say so."
What Boomers are you talking about? Last I checked, CEO isn't a Boomer.
Lemme guess, anybody over 40 to you is a Boomer?
You're making the same mistake as Hudson Yards, thinking that there are just two alternatives. There's actually a 3rd, where an employee refuses to quit, but becomes a disgruntled employee. Working enough to keep their job, but uncaring, never going the extra mile, not innovating anything, and on the macro level doing millions of tiny things that lead to mediocre outcomes. Coincidentally, these people are a big reason why the company makes any money at all, so sure, Hudson Yards could just go scorched Earth and get rid of all domestic workers, but they aren't sufficiently competent to pull that off in the short term without a massive hit to the bottom line. We're already seeing the strain in all kinds of LOBs from the slash/burn. It's not sustainable. So no, HY can't just do whatever they want, because the company can only thrive of a good percentage of the employees give an S. We earn the $5B/quarter, NOT them. They'll keep doing what Shart does, but he won't be with wells more than another year or two. He's here to fire people. Eventually that will end and he'll go. The only real question is how many of us will be left.
while you may have initially been hired as remote with that indicated in your offer letter, they can change the terms of the employment all they want, the same way you can quit whenever you want. They could tell you tomorrow that you need to be a teller and you either accept it or not. I know a number of people who over the last couple months were given a choice to relocate or be laid off. Guess what, there offer letters had their work location on it, not the new location.
Charlie is sitting on his perch right now laughing at the help squabbling and bickering at the disarray (or perception of disarray) that exists. Is attrition the plan? Is there any consideration made to morale and overall productivity? Is it a power play? Is there a plan at all? Is Charlie even sitting on a perch? Who ate the last bear claw?🤷🏻
RTO and location strategy are PART of the layoff strategy. Nice try though, Charles.
Wrong. Neither my job description nor offer letter said S about working in an office, and I was WFH from years before COVID. Hudson Yards can F off, and so can you. This company needs to stop wasting billions on admin offices, before it's too late. They are a complete waste of time in the information age and the source of tons of unnecessary risk.
If they put as much effort into fixing issues that removed the asset cap as their obsessiveness to force people into the office to do all their meeting viz Teams our stock would be double what it is.
I mean THIS is such a big issue - you said voluntary then hybrid, now 4 days a week. What I want to know is did they see productivity go up dragging people in the office? I mean give us a reason other than the Boomers say so.
We still have the office campers. They sit in an unassigned office all day and no one else can use it for meetings or confidential discussions.
Liars. Call center does 5 days in and 5 days WFH. Business specific.
Don't really get it. They may have reinstated RTO but I know plenty of managers who are working remotely full time. Am I wrong in assuming it just doesn't apply to them?
Waiting for management to add “Office Furniture” and “Talking Meat” to our job descriptions.. because that’s what we are to them. This is why we need a union.✊🏼
why do people think there would never be a RTO? D-mb logic to think that. You were hired to work in the office originally. Duh!!
I imagine if Wells planned to move the entire company to 4 days a week, you wouldn't be seeing these changes at specific LoB levels like it appears to be happening. Honestly can't apply logic to something that is as illogical as RTO though.
this has been posted about a few times over the last few weeks. Unless something changes it is limited to commercial banking at the comment. not that others won't be hit at a later date but for now it seems just commercial.
Anything that will drive attrition is on the table in Hudson Yards. I wouldn't be shocked if they tried.
FHY and FRTO.
There is plenty of space but people are not going to their assigned location. So that is a luxury the is about to also end.
CIC in Charlotte can seat 10,000. There are still plenty of unassigned areas, too. Plenty of Commercial Banking folks are at CIC.
My question is where are all these people going to sit? With all the consolidation into Hub locations, there still aren’t enough seats for everyone to come in four (let alone five) days a week? Logistically it would be a scheduling nightmare. What are we going to have? Sites with 3 shifts? This whole post is id--tic. I get Charlie hates us, but pulling away from hybrid would just be stupid. Everyone take a deep breath and look at the big picture. There’s more of us than there are of them. Do you really think they’d flip a switch like this without realizing what it would do to productivity and overall morale? Rome burned in a night.
If you work in commercial can you honestly say that you did not see this coming. Would Wells continue to pay for office space for only 3 days per week. It has also not been an employees market for many months. That proper time to pull the lever has arrived. Only some have been let in on the bad news, most others to hear it soon. So maybe your Thanksgiving was not meant to be spoiled by letting you know.
This is what I heard as well. Then 5 days sometime next summer. You have been warned.
OP here, and It is Commercial.
Commercial begins 4 days in office January 2024.
BS.
@OP needs to get over posting this troll garbage every few days.
BS
I’ve definitely heard the rumor
Corporate risk still at 3 days biaaatttchhh
Which LOB? Commercial?
All will go back full-time effective Jan 2nd. will be announced Dec 5th.
Probably. Not enough people are quitting and they don’t want to have a big layoff. So they are reinstating a policy people hate. The genie is out of the bottle on this one- RTO long term is a failure. In the history of humans, traveling to an office is like a blip on the screen. Only really started in the late 1800’s. It will disappear in the next 20.
Who woulda thunk. Now let's see, JPM began this move.