Thread regarding Wells Fargo & Co. layoffs

Work from Home Survey

Did anyone on this forum receive the WFH Survey last week?

It seemed odd there was no mention of flex space health safety concerns. Maybe the survey was just fishing to see how much "natural" attrition WF can expect if WFH is eliminated?

At the rate we're going, a large percentage of employees will be WFH – i.e., looking for a job, due to massive WF layoffs.

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| 2442 views | | 10 replies (last July 8, 2020) | Reply
Post ID: @OP+15PpkSyV

10 replies (most recent on top)

Work from home is forever now. We missed the window on keeping the virus under control, and we won't get herd immunity until there's a working vaccine, and that's not guaranteed.

Wells can move all the jobs they want to India, but India has COVID, too, and they're way more densely packed in than the US.

So on one side, packing people into small spaces to save companies money is done.

On the other side, a shiny future of energy efficient and eco-friendly high rises with gardens on top and pleny of public transit below is dead as well.

It's a whole new world.

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Post ID: @1bza+15PpkSyV

In San Francisco the company invested millions in brand spanking new open offices where people sit close enough to one another to shake hands. There are not even cubicle walls. Those places were incubators before the virus hit. Now - there is no way to make them safe. There will need to be another major redesign before they can even think about asking people to work onsite again.

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Post ID: @1ppl+15PpkSyV

I doubt working from home is going to be over anytime soon. COVID cases are skyrocketing, there is no vaccine and the dust needs to settle on layoffs and restructuring first.

If Wells Fargo gets thousands of its employees sick during a pandemic, that drives up health care expenses. And those employees have lots of family members covered by the bank who could also get very sick.

WF is self insured, meaning your hospital bill is paid by the bank directly and hits the employee expenses line in the p&l. Insurance like BCBS or Kaiser is just an administrator, they don’t pay the bill. Ballooning and unpredictable hospital bills will EASILY cost more than minor attrition would save.

If some dummy in an individual business unit is trying to end working from home, they better check themselves before they wreck themselves, of course that kind of stupidity is exactly what should be expected at this company.

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Post ID: @1wky+15PpkSyV

Well in mpls they consolidated all their leasing agreements to build the two new towers and the. Had us work from home and gave away our spots. Before covid the building was full, with no room. So they definitely have some realignment that will have to happen before we can move back to the office.

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Post ID: @dpr+15PpkSyV

For those WFH, those days are soon to be over. Charlie and Saul are not fans of WFH.

Hub strategy is coming as soon as pandemic won't cause PR nightmare.

You may have enjoyed WFH for years, but get ready for what's about to hit you. In part, they need attrition and know banning WFH will go a long way to get that done.

We had 3 meetings in the past 2 weeks on this very topic (timing, comms, PR playbook, etc.)

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Post ID: @llr+15PpkSyV

i didnt get one either, but i give WFH an A+

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Post ID: @quf+15PpkSyV

Been WFH the last five years. Did not receive a survey.

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Post ID: @uwu+15PpkSyV

I got a return to work survey, it was mainly about what safety measures I thought would be most important regarding office space. It doesn’t matter to me because I already have a telecommuting agreement and my group doesn’t even have office space to go to at all.

I did point out that the building I used to work in left much to be desired in terms of cleaning and cube walls, also people go into the office sick because they don’t have sufficient dedicated sick days. They get everyone sick in the name of taking vacation when they should be at home if they can’t WFH. And stand up desks were a nice idea until COVID, now it seems mainly like super spreader potential.

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Post ID: @hyt+15PpkSyV

nope...

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Post ID: @xll+15PpkSyV

Yes, I got it too. The questions were kind of weird asking some of the obvious things about social distancing and such and how comfortable we will be coming into office. Not sure what the outcome of that survey will be.

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Post ID: @nyu+15PpkSyV

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