Thread regarding Wells Fargo & Co. layoffs

back into office in september

https://www.wsj.com/articles/wells-fargo-plans-to-bring-employees-back-to-the-office-in-september-11617133597

Wells Fargo WFC 2.47% & Co. plans to start bringing employees back to the office after Labor Day, citing the increasing availability of vaccines.

The bank, which has been telling employees each month that they should keep working from home for another month, now hopes that operations will begin to return to normal on Sept. 6, according to a memo circulated to staffers Tuesday afternoon.

The memo didn’t say whether employees would return full-time or part-time and said many of the details have yet to be worked out.

Banks have taken an ad hoc approach to bringing employees back. Citigroup Inc. said last week that most employees will be expected in the office only three days a week after the pandemic ends. Other banks, including Wells Fargo, have signaled they want to largely return to the way office life worked before the pandemic.

by
| 3124 views | | 27 replies (last March 31, 2021) | Reply
Post ID: @OP+1a7us46Z

27 replies (most recent on top)

One side benefit of masks/social distancing/working from home is that hardly anyone has been hospitalized for the plain old fashioned flu this past year.

In 2019 the flu k–led 37,000 people.

So that would seem to support the work from home model as being a source of productivity improvements.

Less sick days.

by
| | Reply
Post ID: @1afm+1a7us46Z

Come on state and local governments - step up and put some restrictions! They need to make it safe. The open concept plan was terrible before. Looks even worse now. But hey, they already spent millions on the redesign so they have to use it now. Who cares about health.

by
| | Reply
Post ID: @1lan+1a7us46Z

I wonder if they will change course if productivity takes a nose dive after Sept. Didn’t they say productivity was actually UP during WFH? WFH is great if you are motivated and can work independently. Why drive an hour to the office to sit on a call with someone in an office on the other side of the country?

by
| | Reply
Post ID: @1utg+1a7us46Z

Look! Charlie is writing about himself! (Or someone who really likes Charlie).

by
| | Reply
Post ID: @1chh+1a7us46Z

Just sue!! I will

by
| | Reply
Post ID: @1bbx+1a7us46Z

The question is, how many offices, call centres, branches and other brick and mortor buildings or floors in those buildings will be around come September. Chainsaw is selling them off right now. Based on his history, he may leave before the end of the year and go somewhere else to be the cost cut smarmy smirky guy at another place.

by
| | Reply
Post ID: @1ihp+1a7us46Z

@yqr+1a7us46Z Oh my god... winter driving in San Francisco. LOL. The drivers are the big snowflakes. Ever been through a real winter?

by
| | Reply
Post ID: @1xuq+1a7us46Z

This is too much. Let’s give notice tomorrow.

by
| | Reply
Post ID: @zan+1a7us46Z

@omc+1a7us46Z This is WF, there won't be a plan. They'll just pass the buck down to those out of touch middle/upper managers who will make arbitrary decisions and there will be no consistency, just like the way it happened last year.

by
| | Reply
Post ID: @aho+1a7us46Z

all the tech companies are calling people back; this will help improve teh economy as its a disaster now

by
| | Reply
Post ID: @fjk+1a7us46Z

No more WFH. Bad news for dead weights.

by
| | Reply
Post ID: @xnr+1a7us46Z

Why would you want to go back .. the daily hour commute, the dirty bathrooms and break rooms, the person next to you that is a Freaking social butterfly 20 people at her desk a day. Heading into fall cold season.. doesn't sound like fun to me. Winter driving.. I vote to stay working from home !! Plus you get a pay cut paying for gas and your time in the car not at home.

by
| | Reply
Post ID: @yqr+1a7us46Z

5 days/week. They’ll be checking.

by
| | Reply
Post ID: @kof+1a7us46Z

Well now I know my retirement date. They win. I will not spend one minute getting coughed and sneezed on in an open concept office, vaccinated or not. Covid isn’t the only disease spread in those places.

by
| | Reply
Post ID: @pjw+1a7us46Z

People finally will look for another job. No more WFH.

by
| | Reply
Post ID: @vsh+1a7us46Z

Whether or not it's beneficial depends largely on the role, not so much personal preferences. One presumes that the 'back to the office plan' will be nuanced enough to make the distinction. I'm guessing mid/upper managers will have to justify whichever approach they are lobbying for.

by
| | Reply
Post ID: @omc+1a7us46Z

For those excited: now when they lay you off, they can walk you out with armed security. That’s assuming you make it through the next 5 displacement waves.

by
| | Reply
Post ID: @ues+1a7us46Z

They must not have had enough people leaving through attrition for them to finally make an announcement about wfh more than a month in advance

by
| | Reply
Post ID: @ssl+1a7us46Z

What a waste of money. Think about how many people's jobs could be saved if we weren't spending billions on useless brick and morter campuses. Charlie is a complete id–t. We really need someone that has common sense and not just trying to make a mark for themselves.

by
| | Reply
Post ID: @qft+1a7us46Z

Charlie is so behind his peers on this issue. He hasn't learned from prior experiences at Mellon when he tried to force people back in the office, and that wasn't during a pandemic! For reference, he suddenly reversed course after employees threatened a lawsuit.

Link through to the Citigroup article from the OP's original post for how rational, responsible, informed, and educated leaders are actually addressing this for their employees.

"This is not just a scheduling exercise; we will be thoughtful about when we ask colleagues to be in the office together,” Ms. Fraser wrote to Citigroup’s 210,000 employees. “The pandemic has stretched our capacity for innovative thinking, for solving problems. It has opened doors to new ways of working and shown that we are able to adapt to and even flourish amid adversity.”

by
| | Reply
Post ID: @gzt+1a7us46Z

Depressing

by
| | Reply
Post ID: @hcn+1a7us46Z

I am excited !!!

by
| | Reply
Post ID: @crz+1a7us46Z

Time to go on a diet!

by
| | Reply
Post ID: @wsu+1a7us46Z

Assuming you're still working for Wells in September.

by
| | Reply
Post ID: @bog+1a7us46Z

Such antiquated thinking. 🤦‍♀️

by
| | Reply
Post ID: @lzx+1a7us46Z

@eqc: Are you drunk?

by
| | Reply
Post ID: @snu+1a7us46Z

I just love Charlie! Thank you Charlie!!!!

by
| | Reply
Post ID: @eqc+1a7us46Z

Post a reply

: