Thread regarding Wells Fargo & Co. layoffs

Wells Fargo Project Management

Project Management at WF: Seriously, this is how it works:

  • Problem - 10 managers find an issue and assign it to an engineer
  • Said engineer says hey how can this be, I need help
  • A project is spun up - adding a bunch of service managers and their bosses
  • 50 folks from risk management say this can't be without process
  • 20 process staff weigh in and complain this is too fast, please we need more time
  • Lone engineer is given 30 different requests for information
  • Senior leadership is then updated on the lack of response from said engineer
  • Engineers Boss informed of low or non response of engineer
  • Engineer is given a PIP
  • Whole issue is now a section-wide directive to get results
  • Contractors are hired at 500/hr to figure out what went wrong
  • Managers are hired to watch over the contractors
  • Engineer says screw this and gets another job somewhere else
  • Contractors - after milking the system for 1000 hours says its not an issue
  • Managers of the contractors agree its "Job well done!"
  • Bonuses are given to the mangers for fixing the issue

and whatever it was....goes under the rug and all is well...

This is a repost from @OP+15Y8INQJ

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| 1519 views | | 5 replies (last October 24, 2020) | Reply
Post ID: @OP+17zY5SSG

5 replies (most recent on top)

Not sure the repost by the OP is needed, this is a layoff rumor website. I think there are other sites to post about how bad a company is.

I do agree though that the PMs are Wells are out of control, but it's not just them.

From where I am I see most branches of IT, and we're not a good IT department.

We have a lot of good people doing the actual work, but management is weak.

And I say that as someone who likes most of the IT management.

I don't mean weak as in they don't crack the whip when needed, I mean they don't push back against upper management when upper management makes a bad call.

I don't hear anything from Saul or anyone else in management that tells me we're going to get better.

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Post ID: @1ige+17zY5SSG

If I hear "Agile" again, I will puke. Saul can take his S's and stick them where the sun doesn't shine.

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Post ID: @1fxu+17zY5SSG

Oh good this thread again

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Post ID: @xcy+17zY5SSG

Imagine if everyone on the planet lost their job at the exact same time, no exceptions.

In a split second, everyone's unemployed.

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Post ID: @alv+17zY5SSG

total bs

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Post ID: @zvs+17zY5SSG

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