Not what a lot of you want to hear, but it’s coming back. I’m close with the facilities team at my location and they’ve been instructed to prepare for the RTO to at least 4 but probably 5 days a week. From what I’m hearing it would have already happened if the garages in DFW were fully operational. Either way, it’s coming!
20 replies (most recent on top)
"Amazon going RTO5 with huge media coverage normalizes expectations so that other companies can demand RTO5. It doesn't matter if they are in identical industries, but we also have JP and other financials that have been RTO5 for some time."
JP Morgan is 5 days only for MDs - everyone else is 3 day. I do not think there is a bank/financial institution yet that has enacted a mandatory 5 day RTO for all employees. May change but that is the current state.
That was pretty funny got to give you credit!!!
A woman died in office working for Wells Fargo...
Initially thought this post was just Internet misinformation. The article from USA today is below. Both sad and unbelievable.
Wells Fargo employee found dead at office desk four days after clocking in
By: Saleen Martin
USA TODAY (Aug 29, 2024)
A woman working for Wells Fargo in Arizona died at work and was found four days later, authorities have confirmed.
Denise Prudhomme, 60, last clocked in at the Wells Fargo in Tempe at 7 a.m. on Aug. 16, the Tempe Police Department confirmed to USA TODAY on Thursday. She was found at a third-floor desk in the office on Aug. 20, leading on-site security to call police.
Firefighters also responded and pronounced the woman dead at 4:55 p.m., police said.
Prudhomme's cause and manner of death were pending as of Thursday morning, according to the Office of Medical Examiner.
According to police, an initial investigation found no obvious signs of foul play. An investigation is ongoing and authorities are interviewing employees at the Wells Fargo location to get more information.
Wells Fargo workers reported smelling a foul odor but thought it was an issue with the plumbing, local television station KPNX reported citing an unnamed employee.
At least one employee told the outlet they wondered why Wells Fargo didn't formally address workers about the woman's death initially.
Most Wells Fargo employees in the office work remotely but the building has 24/7 security, per KPNX.
Wells Fargo said in a statement to USA TODAY that the company had to communicate with Prudhomme's family before speaking to employees. The company added that she sat in a "very underpopulated area" of the building.
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A woman died in office working for Wells Fargo. They found her body 4 days after she died at her desk. Wells, like Schwab, has all this technology to track workers badging in and their productivity. But doesn't seem to give a damn about you as long as you came in to work.
CISO wants you in 5 days. Hates you all
You can move all your accounts out of Schwab in about 15 minutes. You have more than 90 days to find a job. Good Luck to folks that are interviewing.
Well that is a pretty cr-ppy response dirt bag, @1zst+1uIvgSYY.
Facilities, like in the real estate dept, the people who move desk, cubicles, manage buildings across different states. You obviously are simple-minded and have limited knowledge.
Well if this is true, that su-ks!
Friends in facility. Like the toilet guy that has to unplug toilets when they overfill? The only know they have is if they over hear execs talking about this while they are in the stalls.
Fidelity JUST implemented a 2 weeks a month policy. It’s right down the street from Schwab. Unless they wanted talent to leave in droves (maybe they do), they wouldn’t do RTO5 until the industry is trending that way. PS : Amazon isn’t a financial services company.
Of course Schwab wants people to leave. The layoffs cost half-a-billion for 2,300 people. And we still hemorrhage money. Get them to go without severance? Ka-ching.
But you failed the logic test. If the completion has the same or similar policy, it wouldn't contribute to people leaving. And Fidelity is right down the street in one major metro and a few small ones. STS is distributed through seven or more metros. Retail is 200+. Ops is eight or more.
And Amazon isn't a financial services company? Pure genius! Such insight. Except it's laughably wrong. First, Amazon is offering fintech services. Second, Schwab, including Chuck, views us as a fintech centered on technology.
From payments and lending to insurance and cash deposits, Amazon is attacking financial services from every angle without even applying to be a conventional bank.
- CBInsights
Neesha Hathi, who was named chief digital officer last year. "People assume because Chuck's in his 80s that he's not up on things," she says. "But he's all-in, and more importantly, he sees how technology can serve clients."
So, no, Amazon isn't a bank and Schwab isn't a cloud provider or retailer with logistics. But they crossover. That's an aside just to address the original snarky and wrong comment.
The direct reply is Amazon has programmers, data scientists, and others who will work for Schwab and Schwab has people who will work for Amazon. Have you met Andrew? 😜
Amazon going RTO5 with huge media coverage normalizes expectations so that other companies can demand RTO5. It doesn't matter if they are in identical industries, but we also have JP and other financials that have been RTO5 for some time.
So, JUST step back. (You always win the internet when you put something in all caps.) 😂
Stop capping
- The Westlake parking garage has absolutely nothing to do with RTO. Is it an annoying inconvenience? Sure… but adding a day or two to the schedule would have virtually zero effect on its construction. Trust me, if they were working on it like they should be to fix it, it’d be fu--ing done by now (been almost a godda-ned year). I NEVER see anybody working on it and I drive past it all the time. Maybe one day it’ll collapse and we can all go back to WFH
- If your “friends in facilities” knew some top secret info about corporate plans, this would’ve most certainly trickled down through the ranks by now. I find it hard to believe that facilities of all departments would be in the know, but he-l.. this is a-s backwards Schwab, so who knows?
- Fidelity JUST implemented a 2 weeks a month policy. It’s right down the street from Schwab. Unless they wanted talent to leave in droves (maybe they do), they wouldn’t do RTO5 until the industry is trending that way. PS : Amazon isn’t a financial services company.
This post is bullsh-t and while I’m wary of RTO5/workplace inflexibility as the next person, stirring the pot achieves nothing
Untrue
I can't wait to add 4+ more hours to my weekly commute time! How efficient it will be for us to all sit in the office, while on teams calls with each other, and the only face to face interaction I have is when I have to ask the security guard for a temp badge when I forget mine at home. It's super great!
PL’s are already in 4 days, a 5th will be refilling Xanax prescription. Commute is an hour+ with no team members in the same location. The more I think about this, this is not how I want to spend my life. If resignations is the goal, then you win.
The day co ask for 5 is day me quit coming even trois. So sooner better me say
Fully remote will be more difficult if only for the optics.
Any news on all the fully remote people? Will we be asked to move? What about downsized locations?
RTO4 makes no sense. It will be RTO5.
Or maybe RTO6 if Robot is CEO.
Be careful out there. The beatings will continue until morale improves.
I bet Walt announces it along with his retirement. Let’s Rick get what he wants without being the bad guy.
But not sure what parking in Dallas has to do with it. People still RTO at least 3 days a week…what’s 1-2 more in terms of the garage?
I've heard the same. But I've heard it's coming in 2025 -nothing before January