Thread regarding Wells Fargo & Co. layoffs

You're not getting funding for any study that doesn't support The Narrative and so long as the drooler in chief is getting his warm blankets and pudding in the WH, and Shart wants to pressure people to quit, the narrative will continue to include RTO.

Fuhgeddaboudit

The far-left lunatic fringe has this entire country so F'd up right now, after three years of total do nothing except open the floodgates of the northern and southern borders to over 7 MILLION undocumented (20,000 Chinese for G's sake) aliens that local economies, state economies, US economy will soon all be in the toilet and it will be every man for himself.

Bank on it!

@2rjy+1r7eFmla

"Just going back to what it was before the pandemic. Nothing new here."

So Wells' entire workforce was in expensive metro areas before the pandemic?"

Actually yes, just not as many buildings now.

time to scramble!

"Just going back to what it was before the pandemic. Nothing new here."

So Wells' entire workforce was in expensive metro areas before the pandemic?

It's in queue after the studies of how most small towns are subsidized by larger metro areas. The tax base in a small population can't sustain itself.

Hiring only in specific locations has been the norm for last 3 years…rto last year was 3 days a week in any office near home..layoffs in non value generating departments is to expected..critical
Folks in other locations likely would be offered relocation to core markets..in the east charlotte is growing most…central Dallas …

Demoine shd be on chopping block but the way this would
Be done can be questionable…

All rcsa teams ought to go after work is done.

The only thing WFH did for small towns was to push up housing prices and make it harder for locals.

They will be thrilled to see the backs of the telecommuters.

Ha ha ha

Wait until you speak to any small town built around a factory that has long since closed down when they shipped those jobs to china\mexico\etc.

No one is going to cry for white collar job losses

Actually not everyone is going back to pre-pandemic model.
Some LOB were hiring wherever they could find qualified people. Now those WFH agreements are null and void.

Just going back to what it was before the pandemic. Nothing new here.

Employment choices (how and who to work for) are so diluted across the population that impact to small towns will be unnoticeable.

A more specific question is whether towns that offered relocation money (Tulsa, Burlington, etc) to remote workers was worth it.

If you think one person in some random town will crumble that local economy then that economy wasn't very strong to begin with.61

Go google textiles and furniture manufacturing or cites where silver and gold mines, oil wells dried up.
There are no studies of Wells location strategy impacts because it’s minimal. Same with media picking up on layoff stories, it happens so often across all businesses that people have become numb to it.

grasping. at. straws.

@tbj+1r7eFmla

"'Scamdemic'? You're betrayed by your choice of words here. Perhaps, ask yourself instead how all these 'small' towns benefited from the remote flexibility workers enjoyed during the pandemic."

No, you betray yourself as a 'true believer'. the picture being painted is that lots of sleepy 'hooterville' hamlets are suffering because the cost-free daycare and gas savings are ending.

the empty real estate needs to be re-filled with you. on the plus-side, I think des moines is down to one building, so it will be easy to find.

Roger and Me

@tbj+1r7eFmla

Put your cloth mask back on, stay 6' away from people, keep using hand sanitizer to stop airborne viruses, stop asking questions about anything, go boost yourself to protect grandma, and definitely make sure big pharma has immunity from being liable forever for any reason even when the knowingly ki-l people and lie about it.

It was a scam, and obviously so. The number of lies used to prop it up are astounding.

If you aren't boosting every few months, I don't want to hear one peep in support of the pack of lies related to the COVID response from gov. You're either a true believer or not.

I am surprised that traditional and social media in these affected locations have not yet picked up on the story of Wells Fargo's location strategy. I suppose that will come in time.

"U guys want remote working."

This post isn't about a desire to work remotely. It's an attempted discussion regarding the impact of companies' shifting from a somewhat remote workforce (many workers being in small towns) to workforces that are largely in a few select metro areas.

U guys want remote working. Scott powell has offer for you. Go to India and login from there. You will have a job but bank will pay $10 an hour ( they save a lot and get big bonus for the upper management). Don't count on this bank for remote work anymore. You energy on this matter is waste. Scott powell or charlie care less for you guys. You are stupid to deposit or borrow from them assuming that they want to grow towns and small business by keeping jobs here. They want to retire with good money and bonus, why they care for this country or this bank. Did they have vision or goal to make american customer happy ( they say customers - no american there)? They do not want commit anything.

This is a valid point. Many workers were remote over a decade before the pandemic. If it hadn't happened, they'd still be working remotely now with no issue.

This is all about the wealthy's investments, not the investments of middle or lower classes.

CEOs could care less if the metro areas they've pulled out of die off. They only care about their cronies and themselves -- and both have a LOT invested in CRE and subsidies/kickbacks from keeping butts in those buildings' seats.

The govt. would typically be watching g this and trying to avoid the collapse of these metro, but they are all (both sides of the aisle) funded by corporations. Govt. s/b stepping in and limiting offshoring of jobs to India, too (major risk to U.S.). But again, shortsidedness means turning a blind eye.

In the end, everyone calculates whether they'll be dead b4 their decisions negatively affect them. Most don't really care about generations they'll never see suffering from their decisions.

Humans = failed experiment.

Go and ask McKinsey consultants. They're telling Charlie to lay off and outsource. That would be a great town hall question, if there ever is one again.

Potsdam if I know!

"and finally, how did all these 'small' towns survive 4 years ago, prior to the 'scamdemic'? "

"Scamdemic"? You're betrayed by your choice of words here. Perhaps, ask yourself instead how all these 'small' towns benefited from the remote flexibility workers enjoyed during the pandemic.

"What shall I look for in the card catalog?"

He probably thinks there are articles about remote workforce on microfiche.

waaaaa

Sigh...................................

This is the weakest tea for not wanting to go back to work. Yes, all these 'small' towns that had workers improving their economy during the 'scamdemic'.

Are you tying to say all these dusty small towns that survived the railroad not coming though were saved by 'workers' working from home propping up their economy?

and how small were these 'small' towns that apparently had the internet infrastructure to support all the 'work at home' people?

and finally, how did all these 'small' towns survive 4 years ago, prior to the 'scamdemic'?

good grief, the reach some try to justify not going back to work.......................

"I can tell that you were born yesterday.

Use your maps app to search for “library”. Go there and open your mind."

OK, smarty pants. What shall I look for in the card catalog?

I can tell that you were born yesterday.

Use your maps app to search for “library”. Go there and open your mind.