I’ll start. How many people know people who were laid off Th in corporate communications? And how many people know people who were demoted? And how many people know people who were moved into roles with no manager, no job description, no clear responsibilities? We should list them all here since no one in HR or BR are willing to tell us the real deal!!!! I’ve never seen people treated like this in my entire life. Public Affairs is the perfect example of the old toxic culture that existed at Wells Fargo that it is supposedly trying to “restore and protect”...
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What's more amazing is how many unqualified and token highly paid people still remain, as BR blindly has allowed so many qualified, dedicated and successful professionals. It's like when those Enron leaders or s-x harrassers fired people who were truly good, while keeping the stains, incompetents and POC list checkers. Or better yet, it's like when Stumpf and Toldstat fired great and dedicated workers while lying about it and insulating themselves and the other crooks.
Who’s going to leak it to Hannah Levitt? BR, the self-described forebearer of women in the workplace, letting a 9-months-pregnant woman go?
I hope the pregnant lady who was let go is happy about it.
Laying off someone 9 months pregnant is evil. How can BR sleep at night?
JD is exceptional, gets things done and managed large scale projects. She is "always on" -- a massive loss. Worked with her for years. Surely BR felt threatened by her and/or or her alliance with AR.
@2got+1aYCVd00 In CC, Mark Folk and Arati Randolph were on the leadership team. Not sure if you’d consider her an exec but Jennifer Dunn got the knee from BR too. Other people let go include someone in internal comms who is 9 mos pregnant. I won’t even start on that.
As someone said on another thread, spew your right wing nonsense somewhere else. This is about Wells Fargo not conspiracy theories.
Is there truth to the rumor that there’s a list of names/numbers of folks who were kept but who they hope (expect?) to quit on their own without being displaced? Some were demoted but still there and others are under execs who were just let go.
BD is so d-mb he cannot spell “cat” even if you spotted him the “c” and “t”.
And BR is such an insecure and unqualified token, that when BD says cat is spelled “cqt” she agrees and displaces anyone who points out their ignorance.
The two suck up a million plus in salary, bonus and benefits. And they are as d-mb as Chris Cuomo, the lawyer caught jerking off on a CNN zoom call, and that sk--k gutherie on the today show combined.
In other words, BD and BR are DF’s.
Schart hiring Daley was a really bad move. Everybody knows the generations of Daley family history of corruption, pay to play and connections to organized crime. Yes, he always hires Daley to get questionable things done but it definitely is not a good look for a bank with a long history of scandals. Our regulators of course know of him and it certainly raised their eyebrows.
What model did we put in place? Everything BR tried to do was undone by the highest OC bidder. She shuffled the deck chairs in the titanic as she takes the helm.
What 3 execs were laid off?
“ Just drilled all the way down to AA3 level saw 2 maybe 3 zz’ed out people. Corp comma and marketing need a 50% reduction at minimum. Hardly even lost a team member.”
It takes 60 days for it to show up in the system from the first round. For most of the employees let go last week their last day is today or tomorrow.
You are d-mb. What is it like to be that stupid?
Just drilled all the way down to AA3 level saw 2 maybe 3 zz’ed out people. Corp comma and marketing need a 50% reduction at minimum. Hardly even lost a team member. You Corp comm people really can play up fake news like a huge lay off but can’t repair this company’s reputation at all. That is why you are being let go you are not doing your jobs. I say cut deeper BD and BR cut to the bone these 2 groups.
@2tgn+1aYCVd00 Last weeks displacements aren’t in the system until later this week. 7/13 in PA Comms - under Arati - alone have been let go.
Yikes. Glad I left this sinking ship earlier this year. Sending positive thoughts to those let go - and those who remain for now.
There are so many better opportunities out there for CC talent, you just have to take the leap of faith and stop waiting for BR/BD to make the decision to leave for you.
Stay strong CC!
Do any of you actually work at wells? Blood bath? I barely see any displacements in Corp Comm. Where are all the zz’s at? Under BR only KS is zeed and she really reported to JM until she was displaced. OS’s people are still in place AR still has her team full, so who was let go?
When do we talk about the millions we are paying agencies? Why hasn’t BR been up front about the millions we pay Ketchum? She fired us and hired expensive PR agencies that haven’t done anything. Isn’t this supposed to be about cutting costs?
To the person who asked if it’s over:
No.
More layoffs are coming in the Fall.
With the numbers about the same as this round. People leaving may change that number but not substantially.
@2zkz+1aYCVd00 Yeah the Sunday dreads seem to start earlier every week.
Is this it then? Is the worst over? Marketing had their bloodbath, and is now adding staff. Corp Comm had theirs. Insulting emails dripping crocodile tears have been sent.
We can probably count on losing most of the people who have been demoted and had their salaries slashed. Do we need more rounds of layoffs?
Anybody have an opinion?
I am dreading this week. It is going to be awful.
But then again I say that every week now.
I like the poet’s poetry. It’s much better than BR’s laughable attempts at poetry. I say, keep it coming. And create stuff that rhymes with Scharf, Stumpf and Tolstedt.
To the poet: Can we keep this above board please? We have serious, legitimate complaints about BR and BD that have nothing to do with their appearances or background. Like the fact that they gave no idea what they’re doing and don’t care about any of us.
It’s true I’ve had many displaced,
And I have Botox all over my face.
I’d wish you farewell,
But know none of you well.
So goodbye, now it’s time to sit on Fredo’s face.
To @1czd+1aYCVd00:
Anyone who knows Fredo BD understands he is a completely incompetent tool who has survived life due to his family name, family corruption, and he has add no value or knowledge to any company that hired him outside of political favors.
As for BR, I met her/him/it at last conferences and was more than unimpressed with every interaction. It’s no surprise that her/him/it has turned Comms and marketing into a huge dumpster fire joke.
Her/him/it would sc--w up a one car funeral.
Regardless of what you think of her, that is really scummy of BD. To accept a new job only to have your new boss telling people you were not his first choice - I can’t even imagine.
If she doesn’t have his confidence he shouldn’t have hired her.
Can’t wait to get out of here.
As to the person who asked about her being a BD hire, she wasn’t the first choice. They offered it to someone who then turned it down. He goes around telling people she wasn’t his first choice too.
The talent drain is so absurd though. How could he not wake up? Prediction: she’ll be gone within a year and they’ll put everything back the way it was but with half less talent.
I thought she was a BD hire. If she doesn’t have his ear - how is she still there?
If she garnered an ounce of respect or clear, assured direction, we all may understand that difficult decisions are necessary right now. But literally every other communicator at WF, including me, would do a better job steering our ship at this shaky time for the company. She also doesn’t have the ear or respect of BD or CS — something necessary for someone in that role regardless about how you feel about those leaders.
Still waiting for another poem.
It is disappointing.
From what I’ve heard across the organization, everyone who while being displaced had to hear their manager read the worthless script and was insulted and amazed at how their leader made it sound more about how hard the day was for them, and not about how hard it was for the person being displaced.
As for BR and her yet again tone deaf message, she has shown multiple times that she is not only unqualified for her current job, but she held her last role either from flat backing or simply because she has ovaries. She is a clueless and uninspiring dolt, and she is not a poet.
One year on the job and this is what BR brings? Lays off people in round one with no plan on how the work will get done. Comes up with this stupid Centers of Excellence idea, lays off more people and has no plan for how the COE’s will work. I am dreading this week and terrified to say anything because of how toxic this place is. If you speak up, you are placing a target on your back.
What kind of leader says that? They ALL say that. It’s in the script.
Don't forget to send your condolences to BR. She had a difficult day on Thursday, as she said in her email. What kind of leader says that?
Congrats and good luck to everyone moving on! Best wishes to those who are staying.
WF is very good at protecting itself from lawsuits. It’s their core concern when it comes to layoffs, and explains some of the seemingly incomprehensible decisions around who gets cut and who doesn’t.
It’s the reason why they put people through the whole interviewing farce. If people are able to put together a class action lawsuit more power to them, but it will be a miracle if it goes anywhere. WF is waiting for it.
“I wonder who will start the class action lawsuit?”
From what I heard there are several people with legitimate cases after the layoffs last week. I hope they go to the media. Then themedia COE will handle it!!!
Maybe the Corp Comm team will be the next function to start drinking hand sanitizer? I wonder who will start the class action lawsuit?
BR is the worst leader I have ever worked with. I do not understand why they got rid of talented people randomly while letting mediocre talent stay. There is no plan. No strategy. No leaders in place. No job descriptions. She has been on the job for almost a year and this is what she came up with? It is a disaster.
This wasn’t the end state for CC. More layoffs coming as the new leaders come on and they figure out what a dumpster fire they’ve been sucked into... also the COE models aren’t even finished. I’ve been interviewing and may quit at this point to save my mental health. This is no way to live.