Thread regarding Wells Fargo & Co. layoffs

@2iui+1aGT8Mb1 Yes, we all know it's a transparent PR move, but thanks for the condescension while you grace us with the obvious lol

You’re right, it is not about politics as the guy who posted a flurry of three far right wing radio talking points in a row don’t get.

80% of the people are right in the middle like me and just want folks who do things that make some sense. Yet there is no making sense in Washington, it’s all or nothing there.

It’s the far 10% on both times that scary and gets all the attention.

Corporate donations are about PR and more to write off in taxes. That’s it.

Folks, seriously, it's a company PR move, it has nothing to do with Chuckie or his politics.

Wells, like all major corporations, gives to charities and various "causes" because customers, especially the younger ones, want to do business with a business that they think does good in the world.

Please stop "feeling" the world works one way and learn how it really works.

And be nice to each other.

I’m the OP, and for whatever it’s worth: I’m not far left or far right.

One doesn’t have to be left or right to ask questions about Charlie’s intent, his lack of allegiance to his own employees, his bravado, his seeming hypocrisy. Hypocrisy doesn’t feel like the right word. Maybe two-faced as another OP wrote several days back. He says one thing and does the other.

I still have not pinpointed exactly how I feel about it. It would be too large of a discussion because it could go off in so many directions. I guess the upshot is that I’m glad we are he lending a helping hand to India during this crisis. And I would feel a whole lot better about it if our CEO was a man whom I trusted and admired.

My question would be...what charity organizations is he giving the money to. Then ask yourself, who's on the board or holds a stake in those organizations. Seriously, where is the money really going? or should I say to who? What do you think Gates, the Clinton's and Georgie Soros does.

Far left Schart never gonna spend his own money to match others’ contributions. It’s not a far left thing to do… these people never have enough. And, have no doubt about it… he is far left. Look at his cronies and his “fellow travelers”. Those words have far more meaning than you know… learn about Daley and Chicago… oh yes learn. Go back to Cloward-Piven, Saul Alinski the Dorns, then the Daley’s… it’s all there for the history.

Schartt… all style no substance. He’ll reach into your pocket, grab your cash and donate it in his name to the feel good cause. Got that? Look at the facts… am I wrong?

https://proudtobecanadian.ca/conservatives_give_more_to_charity_than_liberals

In fact it’s a common tale…

Studies show that conservatives give heavily and anonymously to help those in need. Democrats do not. Stop the San Fran Sicko raised and miseducated knee jerk reaction, Google it.

Two men were walking down the street and came across a beggar, clearly in need. The conservative handled the beggar $20 to help him get a meal. The liberal said “that’s not enough”, reached into the conservative’s pocket, grabbed $100 and gave it to the beggar.

This would be funny If it didn’t happen each and every day.

Hey all, learn what a "PR move" is.

3 Million isn't pocket change! If the avg employee is getting paid 65K that's roughly 45 American's pay for a year. Easy for these overpaid executives to be so generous with other people's money. Maybe they should start helping all the American employee lives they're destroying with layoffs before they start running around the world acting saintly.

Running an efficient business and employing thousands of people IS philanthropy and makes the world a better place. The juxtaposition of laying everyone off, hiring in India, saying "do more with less" all the time AND giving millions away at every opportunity doesn't sit well. Everyone thinks giving money to "X" is a great idea, but if it was YOUR job that would be eliminated in order to pay for the donation, suddenly the support evaporates. Is $3M a drop in the bucket for a company this size? Yes, but so is the cost of employing someone that got laid off...and yet they got laid off anyway. Not seeing any consistency of thought there.

Post ID: @wzi+1aGT8Mb1

Of course there is a picture of Scharf in the dictionary next to the word "sociopath". But most all dictionaries slug a picture of the far left sociopaths in there. He is one among many, a much larger group even than the fellow travelers which rode the Stagecoach here with him.

Learn about the fellow travelers. Learn about their origins in Chicago. Stop getting woke and wake up instead.

Have a nice day.

3 hours ago by Anonymous | no reactions

In dictionary next to the word "sociopath" is a picture of Charlie Scharf. Its some kind of twisted corporate robinhood scheme where the American middle class is gutted so Charlie can "transition" their jobs and the money American workers helped the company earn to a foreign country.

Have a nice day.

3 hours ago by Anonymous | no reactions
Post ID: @wzi+1aGT8Mb1

I hope the entire thing just burns down metaphorically speaking.

This needs a hardswap, not a reboot

Why do shareholders who have been harmed gravely the last 10 years from poor management need to pay up for the Indian government’s ineptitude. This bank has given out hundreds of millions dollars each and every year with zip to show for it. Charlie’s been pick pocketing American’s salaries to no end and here is using shareholder money like this. Little wonder Charlie had so many NO votes on his compensation this last go around.

It is worse than that - he sent peanuts.

He does not value workers - Not in America. Not in India. Not anywhere.

3Million is pocket change to this bank - this is nothing but a PR move to get positive press in the middle of a humanitarian disaster. Thats it. Which makes this trite donation even worse than it looks on the surface.

Charlie f'd up - he brought the bank late to the party to a foreign workforce, laying off Americans as he hired Indians...and then amped it up while the Covid disaster was raging in usa, but not yet in India.

Now the reverse is true - but when did you hear Charlie donate ANYTHING to help AMERICAN staff?

Nothing. Nothing but crickets. He must really hate Americans.

He's donating to India ONLY because he needs positive press, teams in India are just disappearing, this "goodwill" might keep them around. I doubt it. Money is too late at this point, and tiny amount announced isn't gonna do diddly.

While at same time Charlie has doubled down on India staff in a ranging disaster over there, European banks and Asian banks are wisely pulling jobs OUT of India cause its a disaster.

Charlie has no other plan. He cannot innovate, only cut jobs. He did it at Bank of NY. He did it at Visa. He's doing it here.

In dictionary next to the word "sociopath" is a picture of Charlie Scharf. Its some kind of twisted corporate robinhood scheme where the American middle class is gutted so Charlie can "transition" their jobs and the money American workers helped the company earn to a foreign country.

Have a nice day.

I would be on board 100% if that money were being matched by Charlie and whoever was involved in the decision. That would set an example of accountability and sincerity and heartfelt generosity. It’s not really “being generous” if you’re giving away money that isn’t yours.