Thread regarding Wells Fargo & Co. layoffs

My manager only has 6 people, what will happen?

My manager only had 6 employees. What is going to happen to said manager, and to my own a–?

by
| 3925 views | | 14 replies (last August 1, 2020) | Reply
Post ID: @OP+168Px2MP

14 replies (most recent on top)

7:1 How does that impact bank branches with a manager and a service manager? Are they eliminating service managers roles?

by
| | Reply
Post ID: @6lqn+168Px2MP

As far as I am concerned fewer management layers = more efficiency and less corruption

by
| | Reply
Post ID: @5kfd+168Px2MP

@1mlz+168Px2MP
I am sorry to hear that!! Did it just happen recently? Or have been a while? Thanks

Good luck

by
| | Reply
Post ID: @2vsz+168Px2MP

That sounds about right. Jam a square peg in a round hole, and if it doesn’t work out blame the peg for not being flexible enough.

@1mlz+168Px2MP, whatever you do do not express an opinion that isn’t positive and complimentary. You LOVE your new team. You LOVE your new manager. SMILE.

That’s your job now.

by
| | Reply
Post ID: @1yok+168Px2MP

7:1

I was placed on a team I have nothing in common with. No one understands the projects I am working on.

My role versus my team is like oil and water.

My manager has no knowledge of what I am working on.

I am not the only one this happened to .

by
| | Reply
Post ID: @1mlz+168Px2MP

We often see conflicting information here. This is really good and seems to confirm 7:1. Good job guys.

by
| | Reply
Post ID: @1dxb+168Px2MP

7:1 is the beginning, it will increase to 9:1.

by
| | Reply
Post ID: @clk+168Px2MP

Correct, 7 is the span, not 9.

by
| | Reply
Post ID: @hkq+168Px2MP

7:1 not 9:1

by
| | Reply
Post ID: @hiu+168Px2MP

The span of control will be 9:1 and the jockeying has already begun, Mortgage, Risk, Auto, with some of my friends confirming, Teams are now deciding who they can cannibalize to offset losses, and its the middle managers that have the most to fear. So a manager with direct team = no problem. Managers with mangers and less than span of control of 9:1 need to be worried.

by
| | Reply
Post ID: @okq+168Px2MP

RIP

by
| | Reply
Post ID: @svn+168Px2MP

So they are finally getting rid of the mgmt that destroyed a once great company.

by
| | Reply
Post ID: @hsx+168Px2MP

If you manager is not of a diverse demographic they are probably gone. Best case, they get placed as an IC but likely not. FYI, I am in the probably gone category.

by
| | Reply
Post ID: @fya+168Px2MP

More likely your manager and another manager will have their teams merged. One surviving manager will manage the combined team which will also be streamlined. So, both you and your manager could be let go in this scenario. It’s also possible that none of the two managers survive and a third person is appointed to manage (and cut) the combined the organization.

by
| | Reply
Post ID: @qto+168Px2MP

Post a reply

: