They’ve been booting people any sane company actually needs. Relo strategy is all over the place, and I would love to know how much that’s been costing vs. savings from laying off people and reorganizing. Increasingly frequent tech failures have been the consequence of greed, cost-cutting without concerns for tomorrow, and frankly, utter incompetence of the mgmt who I think don’t understand 90% of this business, let alone its important parts like tech. I feel like I’m being gaslighted about this being a serious company, bank at that.
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Wells Fargo's implementation of AI is not Artificial Intelligence, it is All India.
Shart, is that you? Not sure who else doesn't want the truth posted.
Wahhh wahh wahhh, things are changing and i don’t like it but instead of living a better life and finding what makes me happy im going to complain about it all the time anywhere possible, wahhh wahhhhh wahhh.
Everything they are telling us is just PR. They want to eliminate the domestic employees. That's the real goal. They can't do it all in one shot though, they need to prepare teams overseas and contractors to replace us all. So they gin up these excuses. RTO, location strategy, "efficiency", so they can delay, divide, and conquer. They need people to keep working on certain things, so they pretend our extermination isn't their goal, but one group at a time we learn the truth. The ugly reality of their treachery is known to an ever increasing number of employees. At some point it reaches critical mass. Not quite there yet, but close enough to see the symptoms. That's why the wheels are falling off.
I don't disagree with layoffs and a little bit of the location strategy. However, to layoff anyone just because they were in the wrong city is just d-mb. At least let them work remote. Then in a few years when the company is stable again, then relook at it. They are doing too many things at once and seems rach initiative competes with another. Now we're just running in sand.
Ha, the only serious thing about the bank are the livelihoods affected by its decisions.