Charlie’s coming out of his expensive basement!
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@ bzk+17yfi1ZL
How is making WFH the norm and moving HQ to a cheaper place solve the problems we have with redundant work mad several layers of management ?
1ruc+17yfi1ZL. My guess is that you are being sarcastic with that question.
Did you notice they didn’t even announce this time where the meeting will take place?
Its like an assessment after blood bath
These town halls are worthless. Leave 10-15 minutes for Q&A and only take the softball questions or the ones asked a million times before. Won’t take any around layoffs. These calls are useless. I only attend because big brother is probably taking names.
He's only coming out of his hole to tell you that all the layoffs that just happened (by then) – and will continue to happen – are best for shareholders and the company. Period.
Were you And your gang sent here by your BFF Jamie D to dismantle WF so that JPM Can eliminates competition devalue the market share And have Wells being taken over by some other company?
Yes, forced ratings are reviews are 100% true. Yes, Chuck will not say anything of substance. Yes, he rolled out the values of showing candor and honesty and doesn’t do either. This company is so different. I would be embarrassed to be a leader with how clueless they ALL are with handling this.
: @smp+17yfi1ZL. Not the sharpest tool in the tool box are you?
hey genius.. WE HAVE TOO MANY EMPLOYEES... deal with it.
Have you looked at all the possible options to reduce cost other then planning to fire 25 percent of Wells Fargo Employees? For example you can lower expense by having most of WF non customer facing employees work from home by about $2 Billion annually on office and commercial space. You can cut expenses by moving HQ from San Fran to Dallas or NC by about $3-5 Billion annually on State and Local Taxes. That’s about $7 billion dollars saved annually without firing a single employee or cutting any benefits.
Do you take any responsibility of WF share price tanking almost 60 percent since you got here last year?
HR has published guidance saying there should not be forced rankings at the team level, and the distribution of rankings is meant to be used when taking a higher level look and ensuring consistency in how managers rate performance. Yet many of us are experiencing forced ranking at the small team level and are receiving conflicting messages from our managers about what they are being told to do by their leaders. Given you stress candor as a key value, what are your thoughts on this, and what can be done to ensure everyone is on the same page on this issue?
Here’s a question for him
With Visa at 20000 and BNY at 48000 employees, how does it feel to achieve your personal best of having over a quarter of a million people hating you simultaneously?
He will talk about D&I Initiative for 59 minutes. And will call everyone a racist when in fact he is the biggest racist of all. Then 1 min left for Q and A. Will take one question regarding D and I. Ok, meeting finished. Have a blessed day to all.
When has a town hall ever been used to disseminate actual information? He’ll pose with his guitars, introduce the latest company line, and we’ll hang up with no more info than we have now.
what is the airspeed velocity of an unladen swallow
Does it matter?
What questions are you going to ask him?