Thread regarding Wells Fargo & Co. layoffs

No Longer Team Members :: Now Employees

Going forward we are no longer Team Members. We are now employees. Teamworks will be re-branded soon to reflect that change. Leadership feels this is more professional and inline with the industry. This will be a major shift in culture for the bank.

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| 4741 views | | 20 replies (last August 26, 2020) | Reply
Post ID: @OP+16CLwJNl

20 replies (most recent on top)

This is a good move for shareholders and "employees". Many at WF abuse their benefits. They take months off saying they are under stress. And WF allows this. Employee abuse is rampant.

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Post ID: @1okj+16CLwJNl

Let's just replace "employees" with "mercenaries" – that's more apt.

No loyalty. You pay me, I do work. Nothing more, nothing less, comrade.

That's the best thing about contracting. Everyone knows where they stand.

1 hour ago by Anonymous | no reactions
Post ID: @1izm+16CLwJNl

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Post ID: @1dgg+16CLwJNl

Let's just replace "employees" with "mercenaries" – that's more apt.

No loyalty. You pay me, I do work. Nothing more, nothing less, comrade.

That's the best thing about contracting. Everyone knows where they stand.

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Post ID: @1izm+16CLwJNl

You have always been an employee. Remember this is a business and everything that is done is for the best interest of the business. WF does not care about you, nor should they as they should be focused on the bottom line. Harsh but true. Remember WF is just a Job. Finance is your career and there many other Jobs if WF doesnt work out.

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Post ID: @gvv+16CLwJNl

In my experience in EIT anyway 'Team' is an empty word. You just have groups of people that work under the same manager. There really is no concept of team in the traditional sense of working with others to achieve a shared objective. So yeah, might as well just be an employee.

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Post ID: @yfg+16CLwJNl

Corporate newspeak is great. Last company at I was a “colleague” one before an “associate” and one before that a “solver”

But hey, whatever Chainsaw Charlie wants, amirite?

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Post ID: @ftt+16CLwJNl

I applaud this. For years, I worked at a competitor notorious for underpaying people. (Trust me, if you think you’re underpaid at WF, it can be worse.) Anyway, we were constantly deluged with fluff, including carefully-crafted vocabulary for everything, to make us feel comfortable and welcome. Anything and everything but shelling out actual compensation. They had it down to a science. I prefer to keep it cold and clinical and honest and straightforward—we are employees, providing service for compensation, not the feels of being on a team or among “associates”. And it’s a two-sided coin; if you don’t pay enough, we can look elsewhere.

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Post ID: @nhh+16CLwJNl

Yes if you look at articles and emails from senior leaders from the past few months, you see employee and occasionally colleague.

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Post ID: @pdt+16CLwJNl

I'm in sr. comms. CS told us in week ONE to stop using "team members" – his order was accompanied by smirk (and he made a snort sound, too). Seriously., his disdain for the company he temporarily heads is palpable in every meeting.

Slash and burn (likely sold off in parts), then move on.

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Post ID: @zin+16CLwJNl

Its like like the Titanic is heading for the iceberg and the captain of the ship is worrying about which music is playing 🤦.

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Post ID: @xvc+16CLwJNl

Got this memo a few months ago-New CEO prefers calling the workforce employees.

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Post ID: @gun+16CLwJNl

Wow, great prioritization of issues at the bank.

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Post ID: @mcs+16CLwJNl

Wonder what is going to happen to the "Team Member Networks"

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Post ID: @fhy+16CLwJNl

The universal reaction to the email announcing this among people I work with was

“Yeah, whatever”

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Post ID: @yta+16CLwJNl

Companies have these fuzzy terms for employees, maybe to make them feel less like "just a number". At least Team Member makes sense. Starbucks calls employees "partners" which seems kind of random. But I guess everyone gets used to it.

I wonder if it'll take a long time to stop saying "team members"? I remember thinking it'd take ages to unlearn "store" vs. "branch" and it actually didn't. "Stores"... Remember that? Talk about silly corporate speak!

I'm glad I'm not responsible for finding every instance of team member, and changing it to employee. All because Charlie doesn't like the term... Money well spent!

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Post ID: @loh+16CLwJNl

I am indifferent. To call them employees versus tm doesn’t bother me. That’s what we are. An employee of the company. But surprised in today’s “everyone gets a trophy” and cater to the “my feelings are important” woke society, I am surprised we are changing from the team member term.

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Post ID: @jcv+16CLwJNl

"Team member" is dumb and is part of the "fake, southern charm, thank everyone for everything" culture that plagues this place, well at least the "back office" (non-customer facing).

I've never worked anywhere in my life where doing your job results in a multitude of thank you emails and shared success cards.

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Post ID: @lyv+16CLwJNl

'Team member' is cheesy and contrived. As a relatively new employee, I cringed the first couple of times I felt I had to use that phrase in meetings. It's just weird.

It's always just been a label anyway. It shouldn't determine how you act, feel, etc.

And yes, it does signal/suggest that the bank no longer encourages liferism, which is a position I support. People need to continually demonstrate value, not just keep showing up to the office and collecting a paycheck. I've worked with too much dead weight at lifer joints.

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Post ID: @aif+16CLwJNl

Really? First I have heard of this.

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Post ID: @hoq+16CLwJNl

I recall CS first meeting. He scoffed at the Team Member term. It was apparent that he despised that term

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Post ID: @jsl+16CLwJNl

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