Thread regarding Wells Fargo & Co. layoffs

Just read a quote that might be helpful to my fellow Wells Fargo teammates

“In order to be irreplaceable, one must always be different.”

There are 2 ways to make yourself more bulletproof to an employer:

1: Take initiative. Anticipate needs in the workplace. Is there an ongoing problem that you can solve? Is there a hole in the department that you can fill? Get to know one aspect of the business better than anyone else in the department and become the “go-to person” on that topic.

  1. You need to have skills that aren’t easily replaced. Skills are what set you apart from other employees. If everyone else is good at Skill A and Skill B, you should learn and perfect Skill C.

I know it sounds corny. but I wanted to share. I think it’s good advice. And I’m feeling the love for my fellow employees today.

True story. I work in a profit center at WFC. Everyone is very good at doing what needs to be done to generate said profits. That is what we were rewarded for doing. So, we hired a woman about 10 years ago. She was hired to do the same as us, but saw that everyone was only interested in the fun part of the job, which was generating profits. And none of us had any interest in the regulatory aspects of the business. (Embarrassing, but true.) Compliance was boring and complicated and we probably knew just enough to be dangerous. The new gal saw the hole in the department and made a name for herself by learning it all in depth. Soon we were all coming to her to ask questions. She was included in every meeting. Now she is, for the most part, running the show. And my colleagues, who all do the same thing, are getting laid off. There are too many of us, one as good as the next, but only one of her. She made herself irreplaceable. Smart gal, right? You can’t even be mad at her, because she is great.

Hope this helps someone on this board. Take care and good luck as we travel down this path together.

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| 1941 views | | 10 replies (last February 13, 2021) | Reply
Post ID: @OP+19npd60M

10 replies (most recent on top)

It's good advice but it can also get you taken advantage of. In toxic work environments a person like that will get ahead if management likes them. But, if not their efforts won't mean much and they will have to leave to be appreciated, recognized, or promoted.

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Post ID: @1lee+19npd60M

Humans will simply do different things, we aren't going away any time soon. Whatever we are doing, positivity and attitude are often part of what makes people successful. But by all means Darlene's of the world, keep doing you, it makes the rest of us look better.

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Post ID: @mxh+19npd60M

Post ID: @cxp+19npd60M

Some people enjoy c-apping all over everything. Enjoy your life.

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Post ID: @yep+19npd60M

She will be replaced in the next couple of years. The regional banks are already adopting regulatory compliance software that will make the compliance sme obsolete. Citizens bank is piloting it and has already told its compliance staff that they all won’t be needed in a few years. Tech is changing everything- won’t matter if you have a positive attitude or know every regulatory rule if you can be replaced by a robot. It is already here.

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Post ID: @cxp+19npd60M

What people seem to be avoiding is the fact that people "higher up" tend to "like" people that are good at their job and have a can-do attitude. If you're always negative, never take on special projects and are constantly bellyaching, it shouldn't be shocking that the boss "doesn't like you" and isn't interested in promoting you. No one likes working with 'that guy', not even 'that guy' himself. If you're the workplace equivalent of Darlene from Roseann, it's not going to help your career. People here talk about being a "team player" with disgust, as if it's possible for 270,000 people to get anything done without it. You don't need to be drinking / golfing buddies with your boss, but you do need to be able to function in a business environment, and that means working positively with others to achieve group goals. Do that well and in the vast majority of cases your boss will "like you" and there won't be any impediments to promotion beyond merit, experience, vision, etc. We all like to think we're the most highly qualified applicant, but it's not always the case. Office Darlene's are never the most qualified candidate because their attitude is counter to pretty much any business groups goals.

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Post ID: @mzd+19npd60M

OP here

A couple additional points:

There is nothing you can do to protect yourself from layoffs 100%. All you can do is try to stack the cards in your favor. If it doesn’t help here at WFC, my hope is that it helps in your next role. Try not to let the current conditions at WFC discourage you. Let them encourage you to be smarter than those who benefit from keeping you down.

Also - I agree with the thought that calling out problems at WFC can get you labeled as negative. I have experienced that myself. It’s tricky, for sure. It might have to do with how we go about it and who your direct boss is.

The woman, who I mentioned in my post, was cheap labor when she started. But she isn’t now. She saw where the weakness was in our department, and perhaps anticipated changing trends in the industry. She took it upon herself to learn and she is, currently, irreplaceable because she knows more about the laws that govern us than the bosses do. And they know it. In fact, they cater to her. And they bring her to meetings with their higher ups. Having said that, she has put herself in a position where she could go anywhere and command a high salary.

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Post ID: @vjx+19npd60M

It would be nice if the real world worked that way, but it doesn’t. This person was fortunate but probably cheap. In 15-20 years they will be laid off for cheaper labor.

I reality, anyone that calls out the problems are ostracized and called negative and not with the program. Promotions are probably out of the question after that and they will never get in the loop.

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Post ID: @rin+19npd60M

Great post! Nice to read something out here that that isn’t divisive or attacking anyone/anything.

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Post ID: @mft+19npd60M

That’s the way it’s supposed to work, but more often than not, it’s based on whether someone high up likes you.

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Post ID: @mra+19npd60M

lol this post

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Post ID: @iug+19npd60M

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