Thread regarding Wells Fargo & Co. layoffs

Just letting you all know

If you only have business related degrees like finance, economics, MBAs or anything else, you no longer have job security. Why? because we are increasingly moving to a more a technology centered time where everything is dominated by tech. If you only have non STEM degree and no STEM skills, let me tell you: you are in danger.

Speaking from experience.

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| 3081 views | | 14 replies (last December 28, 2020) | Reply
Post ID: @OP+18zsNCqA

14 replies (most recent on top)

False. I hold two degrees - PoliSci and Econ, both with data concentrations. Did you just get your coding cert online?

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Post ID: @4wuv+18zsNCqA

PCs have been a common thing since the early 1980s. Proficiency in these things is at least 30 years over due. No excuses left at this point. That said, whomever designed the internal systems at WFC clearly don't know much about 'tech' either, so I'm not sure all that much is expected in that group either.

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Post ID: @3utr+18zsNCqA

I think you have to worry about that if you aren't in a decision making role regardless of degree. A lot of IT folks aren't in decision making roles.

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Post ID: @2wqw+18zsNCqA

Despite down votes, both undergrad and graduate B schools have required a technical courses since at least the mid 70s. What, have we at Wells started hiring University of Phoenix B school grads or something like that for the last 40+ years?

Wake up people... I’ve been cutting edge for 40 years, B.S. Marketing & Econ and an MBA. They taught us plenty of tech. Maybe your college choice was based on beer and bands, but not on career?

Must hurt to make student loan payments for the 4 year party...

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Post ID: @2eku+18zsNCqA

@xzv+18zsNCqA

Right now there are 16 jobs available using the keyword: AI

73 jobs available for “cloud”

25 available for “machine learning”

23 for “big data”

52 for “python”

Etc.

Maybe you spend too much time complaining and not enough time looking

They are out there. You just have to put in the effort...

Good luck

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Post ID: @xvq+18zsNCqA

I personally wouldnt say any job Wells Fargo posts is tech heavy, I would say it is obsolete skills heavy. Skills where there are no longer books on those topics as have been out of the industry for decades.

When I see a decent job here, ill apply, but then that process takes close to a year, when I can apply at a top Tech Company and the process is a few weeks to offer. I mean by the time i get an interview, it will be 30 years down the road and Ill be retiring by then.

This is because wells is using snail mail or faxes or something to do the processes, whatever it is its the slowest thing in history I have ever seen. Much slower than snail mail or faxes even.

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Post ID: @xzv+18zsNCqA

Also as a heads up for the older people, having experience in MS Office or knowing how to use a computer is not going to cut it. A lot of the new jobs Wells Fargo are putting out are tech heavy. Many of the Bossiness major jobs require experience or knowledge in at least SQL.

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Post ID: @ulv+18zsNCqA

Be careful though. If you think just having a tech degree and knowing how to code will make you bulletproof you are wrong.

Coding is just a tool. Solving problems is the key.

You have to be able to sit in a room full of business people, speak their language, understand their problems and come up with a solution for them that they can use and understand.

If not, you are just a tech person who is a great candidate to be off-shored.

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Post ID: @sym+18zsNCqA

You need Bachelors + Masters + approx 4-5 Certifications (in your domain)

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Post ID: @vpo+18zsNCqA

This is no different than learning how to conduct business using email and MS office back in the 90s. All the “techies” skills sets will be simplified and reabsorbed into day-to-day business. The real skill sets that you’ll need to succeed are the ability to collaborate, think creatively, and effectively work with or lead teams. The socially inept “techies” are having their day in the sun but will retreat into the ether once their skill set is democratized to the point of obsolescence. Save your shekels kiddies.

Just letting you all know. lol

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Post ID: @cru+18zsNCqA

Both undergrad and graduate B schools have required a few technical courses since at least the mid 70s. What, have we at Wells hiring University of Phoenix B school grads or something for 40+ years?

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Post ID: @kyp+18zsNCqA

Unless you make to management level then you hire people to code while you take it in and strategize. Speaking from experience

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Post ID: @nmh+18zsNCqA

That is true...There are currently more jobs in tech available in the US then can be filled. A certificate in cloud or network tech will get you a great job....

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Post ID: @slr+18zsNCqA

yep. Many universities require business majors to take technology classes. I graduated a few years ago and I had to take a class in SQL and Python. It does make sense. People who have no experience in such fields will probably have a harder time to adjust to the new job market

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Post ID: @int+18zsNCqA

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