Thread regarding Wells Fargo & Co. layoffs

What do managers actually do?

This is a serious question, what are they doing all day? It seems all they do is attend meetings and issue nonsensical edicts, but never actually produce anything of real value, other than cracking a whip. Sure, they'll write mid-years and they have 1:1 meetings (sometimes), but other than the occasional power point or something (probably made by a minion) what are they actually doing all day other than making decisions that are completely out of touch with the people doing the work?

They can't seem to make things better and barely even resolve conflict when it comes to bad apples. They certainly aren't doing anything to really make the culture better. Why does it seem like all of them have different personal agendas that do nothing but cause strife for everyone else involved? The constant mistrust and lying is rampant. Are they just as burned out as the rest? This place is a dumpster fire.

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| 1625 views | | 28 replies (last July 30, 2024) | Reply
Post ID: @OP+1tHwb91o

28 replies (most recent on top)

What do managers actually do? They try to sc--w your career. They love doing that so they feel powerful.

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Post ID: @4lyq+1tHwb91o

They Boomerang, take boondoggles, post really dim witted things on LinkedIn, talk about their lemon tree, blame others, wear glasses on their heads, get paid for awards , and at the same time decimate an organization.

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Post ID: @4ipg+1tHwb91o

Fill a slot on an organizational chart silly!

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Post ID: @3gia+1tHwb91o

To be a manager at Wells Fargo means to be compensated more that others for doing minimal to no work.

Most lack adequate knowledge of their business and don’t know the first thing about leadership.

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Post ID: @3spn+1tHwb91o

To enable the disliked to fail, and the liked to succeed with minimum efforts.

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Post ID: @2qiq+1tHwb91o

Managers manage, but I have not seen that yet. They are more concerned with saving their as--s.

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Post ID: @1yfx+1tHwb91o

They are very busy checking RTO.

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Post ID: @1fzm+1tHwb91o

Wells Fargo doesn't have good managers nor good executives. The entire management structure here is totally corrupt.

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Post ID: @1aef+1tHwb91o

I don't mind having some managers if they actually add value to the organization, but this particular bank has too many unnecessary managers who do nothing. Top heavy for nothing.

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Post ID: @1gpw+1tHwb91o

Charlie here. I appreciate your sacrifices.

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Post ID: @1qfb+1tHwb91o

@1oij+1tHwb91o

Do you know how I know you're not a manager? 😂

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Post ID: @1hpr+1tHwb91o

@1wpz+1tHwb91o

This person is right on.

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Post ID: @1dvd+1tHwb91o

Not to defend them, but being a manager at WF has been a pretty lousy job for a few years. Blame span of control and the loss of people who've been around, replaced with new people. Staff, managers themselves, execs.

Managers are baby sitters today tracking RTO of all things. Too many direct reports to get involved in day to day work, or they can't help anyway because they either came from the outside or been given responsibilities for work that they've never done before because people got layered under them from other managers because of firings and span of control.

Everyone is being watched and under pressure. It's all about BSing, powerpoints and making themselves look good to managers above them, trying to save their own heads.

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Post ID: @1kcm+1tHwb91o

A good manager will take on risk when needed by making decisions when their employees need direction. They'll escalate when needed to get movement on important items. They'll advocate for their employees in meetings with people who are detached from reality. A good manager can ingest complicated information quickly and actually give direction based on that information. A good manager always has answers or resources when their employees hit a road block.

I noticed before getting laid off that managers had become more and more reluctant to make decisions and give direction. Partially due to the layoff culture, i think. Partially because some managers are so locked up in meetings all day that they no longer have their finger on the pulse of what their employees actually do on a daily basis. Some managers never understood what their employees were doing, so they don't have any direction to offer other than, "what do you think is best?"

I had some incredible managers at Wells and some garbage managers. Mixed bag.

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Post ID: @1tcs+1tHwb91o

Do not get rid of my manager. His actual role is a team leader on steroids, jumping as high as management or the situation calls for. He is doing a lot to cover lost productivity and the higher error rate over the past 3 years of layoffs.

He'll never be recognized for his efforts or given an opportunity to move up in the company, but as an extreme worker bee he takes a lot of pressure off me.

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Post ID: @1xem+1tHwb91o

As others have pointed out- most of the work they do SHOULD not be necessary in a properly functioning organization, yet it is required due to the micromanagement culture of distrust from the overlords in HY.

Our manager used to be proactive and highly engaged in the dynamics of our work. Now they are so knee deep in all of the BS between RCSA, RTO tracking, calibrations, business unit reviews, and everything else that they are much less involved in our daily work and only engage with us in whatever the daily fire drill is, which is usually something stupid brought about by the execs.

I’m sure there were plenty of bad managers before, but now HY is making it impossible to be a good manager.

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Post ID: @1wxm+1tHwb91o

They cause problems and create unnecessary politics, stress, and drama.

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Post ID: @1nqb+1tHwb91o

Should Wells Fargo get rid of mid level managers or lower level managers? We have way too many managers who do not add any values.

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Post ID: @1oij+1tHwb91o

Seriously, I don't see any good managers at Wells Fargo anymore. Most of them are garbage.

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Post ID: @1trq+1tHwb91o

Managers coming out of the woodwork!

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Post ID: @1txb+1tHwb91o

WF has too many layers of useless WF managers and they are wasting payroll.

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Post ID: @1krz+1tHwb91o

They justify your existence. It is a culture of micromanagement that your manager is shielding you from. Your manager is having to fight to justify not cutting headcount.

I’ve never seen anything like it in all my 20+ years at WF.

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Post ID: @1oeu+1tHwb91o

They budget, plan, manage teams, and ensure the needs of business are met through delivery and all compliance and regulatory work is done. Under Agile Transformation initiative agenda, they have been able to delegate some of that work to PO/SM/KL roles. In that sense, their work has become more strategic in nature. With proper span of control being enforced, it is still a value-added role. However, without solid organizational design, and in absence of strong work ethic, some people in this role may develop a predilection for general operational ambivalence and obstinate bureaucracy. Managers are usually not leaders.

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Post ID: @1pjq+1tHwb91o

All the good managers are gone, only the bad ones are here.

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Post ID: @1lyi+1tHwb91o

Troll post

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Post ID: @1clb+1tHwb91o

good managers spend all day long keeping resources coming to their teams and fending off the bullsh-t

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Post ID: @1rhb+1tHwb91o

Managers don't do actual work, they delegate work to staff employees. Managers' responsibility is to manage (manipulate) people.

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Post ID: @1fio+1tHwb91o

They have to put up with people like you’s cr-p

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Post ID: @1tuj+1tHwb91o

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