Thread regarding Wells Fargo & Co. layoffs

Boomer vs Gen Xer vs Millenial - Open Discussion

What are your thoughts?

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Post ID: @OP+1b3dso2g

44 replies (most recent on top)

Who Are You?

https://www.youtube.com/watch?v=PNbBDrceCy8

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Post ID: @4hlw+1b3dso2g

What's with the boomer stay at home Mom? How about the boomer, divorced, single Mom who raised the children mostly alone and also was a successful technical career employee? The stay at home Mom was the generation before the boomers. My Mom was a stay at home Mom and I am a boomer generation technical employee. Mom helped me to be successful and so did my technical IBM pre-boomer Dad who taught me a lot about programming on the IBM mainframe.

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Post ID: @4rvp+1b3dso2g

I am a high tech boomer and find everyone wants me to train them in my technical skills that I worked hard with a college degree with honors, years of experience at many different companies, LOTS of extra outside course training, LOTS of extra overtime on the weekends/evenings to keep competitive in my technical skills. Management at previous companies has "demanded" I train the younger, less experienced employees. Wells Fargo requests I train the less experienced employees. I am kind and share my knowledge as best I can. To be a team effort.

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Post ID: @4ztk+1b3dso2g

The only difference between millennials and previous generations that I’ve noticed seems to be a lack of empathy. Perhaps this is from growing up with online communications which can be a bit dehumanizing, but it is there.

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Post ID: @3ooj+1b3dso2g

@1lka+1b3dso2g

Not at all. We sacrificed greatly to raise our children traditionally with values and a stay at home mom. All of the experts said that this couldn’t be done after the 1970s. Most of our generation went for the money and their kids are a mess as a result. But not ours.

Yes, retirement is going to be very tough because of our priorities, but who is really richer…. The families who chased the almighty dollar or the families who sacrificed for their children?

We wouldn’t change a thing.

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Post ID: @2beo+1b3dso2g

Just curious. Anyone here is famous or even semi famous? Heck, how about just an exec at Wells? If you are then you automatically win the competition. Your generation is the bestest.

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Post ID: @2viv+1b3dso2g

@2han+1b3dso2g - agree. Instead of listing a bunch of famous names why don’t people just try to be a better kinder person. Contribute to the success by be good themselves. Even if their generation is the best it does not mean they are. And if they need to use that to feel good about themselves then they must have nothing on their own to feel good about. Boomers here act like a bully little kid and the worst part is they are bullying people who are younger than they are, just like bullying to their own kids. I wonder if they beat the heck out of their children too. Sad!!! BTW. I am a boomer so if you attack me spare me the blah blah about how tough it was for you when you were young. It’s getting old and it’s nothing compared to older generations before yours. You had it easy too. The idea of I didn’t have it easy therefore you can’t have it now is so small and pitiful. If you are wise you should nurture others especially those who are younger than you not hateful and despiteful

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Post ID: @2rov+1b3dso2g

@2qsu+1b3dso2g. And who are you??

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Post ID: @2ysx+1b3dso2g

how about we don't generalize entire generations based on limited experience with handfuls on individuals? Individuals being the key term; there can be great people and not so great people from each generation. The media makes fun of certain stereotypes of generations which fuels the flames and is just as bad as racist stereotypes that are propagated and continue because some don't understand the issues caused. So how about we don't judge others simply because of their race
OR age? It would be much more worthwhile to not judge at all, but if you're going to, at least base it on individual experiences with specific people.

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Post ID: @2han+1b3dso2g

@2smu

On the list of the 10 best selling authors of all time is JK Rowling, a Gen Xer. Sold 400 milllion books. Tell us again what you’ve done.

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Post ID: @2qsu+1b3dso2g

Post ID: @1zli+1b3dso2g

Fool, you have no idea how wrong you are. I waited tables 5 nights a week through undergrad and grad school. I was only permitted to work 20 hours a week in my intensive MBA school but I waited tables 40 hours a week and never slept, a coddled generation cannot conceive of real work.

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Post ID: @2eol+1b3dso2g

Post ID: @dsp+1b3dso2g

This post was written by a clueless millennial. No factual assertions are correct

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Post ID: @2bgt+1b3dso2g

When the great Gen X books are written, which they never were and never will be because, well… they were Gen Xers, and it was simply too much work to write a book. The world did learn about stopping work and taking time out to sniff the roses and to enjoy more leisure time. Unfortunately Millennials looked to Gen Xers for guidance and stopped working as well. But truthfully I’m more disturbed by their voting than their irresponsibility, as they are taking out the lives of rational hard working people instead of limiting he damage to their own lives.

I predict the mother of all crashes and the millenials first to complain.

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Post ID: @2smu+1b3dso2g

@xwp+1b3dso2g *&^&^% YOU! It's people like you that I had to deal with along with the political divide and absolute ignorance. It made my tenure the worst of my career! As inconvenient and challenging as it is to be displaced as a 'boomer', it was a blessing to rid myself of the toxic culture that people like you make WF what it is today!

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Post ID: @1coi+1b3dso2g

Keep dividing yourself. I need you distracted so I can manipulate the system and blame negative side effects on you.

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Post ID: @1jxz+1b3dso2g

@1nkg, correct. Divide and conquer. Split up the herd, keep them fighting, guessing, moving and entertained. Keep the mark confused, easy money with the 3 card monte. Smart people ignore it.

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Post ID: @1nbt+1b3dso2g

I think there are great people, and horrible people, in any demographic groups you want to divide people into. I also think that in the vast majority of cases, even when intentions are good, dividing people so arbitrarily leads to negative outcomes.

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Post ID: @1nkg+1b3dso2g

I love it when Millenials try to take generational credit for the accomplishments of Sergey Brin, Jack Dorsey, Larry Page and others who are solidly Gen X.

Yeah, ok Mark Zuckerberg is a Millenial, and very few people can lay claim to have done more damage to society than him, so he’s all yours!

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Post ID: @1vml+1b3dso2g

@1hux - exaggeration is your talent. Lot of people made more that 18K in the 70s and 80s. People went out to eat, to see movies, to the theaters etc.. way before they reached 40. You are an insecure unhappy person, disrespectful, abusive, and a liar

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Post ID: @1jnk+1b3dso2g

Millenials are bumping off the boomers in the work place and AI and Flippy are gonna take over millenial jobs. I wonder how that conversation is gonna be? Alexa, who will pay for my social security benefits? Oh, MMT will help us through...you mean 🖨 🖨 ♾

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Post ID: @1gpd+1b3dso2g

@dsp+1b3dso2g is not a Boomer; sounds like a self serving post of a Millenial.

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Post ID: @1thm+1b3dso2g

Gramps, Boomers could afford rent, food, and paying your way through college without debt while working. Plus, you had federal grants to subsidize your education.

Nowadays it's impossible to afford a single one of those, alone, nowadays without debt. Federal grants have been completely replaced by private loans, which you pricks voted to make impossible to discharge via bankruptcy.

Boo hoo, you had it so hard.

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Post ID: @1zli+1b3dso2g

@nno+1b3dso

Child, all of the things which you list were far harder when you were born than now. Everybody I know in their 60s had the things you list decades after they had children. Things we didn’t have were cell phones, dinners out, cable TV, Internet. VCRs cost $1,000 in he 70s-80s and nobody made more than 18K.

We are declining because there isn't a good set of options anymore. It's unreasonable to go to college and come out getting married, having kids, a car, and a house when you hit 30. Everything costs more, rates of return on investment are down, incomes are stagnant, and yet GDP and other overall measures of wellness are going up because more money is coming in but less people are seeing it. You're now left to be a wage-slave or a debt-slave and if you're lucky and smart you can work your way into financial independence.

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Post ID: @1hux+1b3dso2g

ID: @nno+1b3dso2g

Child, nobody but nobody born in the 70s era prepared their lives for a manufacturing economy.

Citing your opinions on things which occurred 25 to 30 years before you were born simply makes us move onto the next message. Your post is just so irrational. That mentality ended BEFORE I was born just prior to 1959.

Instead of making things up you ought to sit with your parents and ask some questions. You will be amazed at how little we had compared to our children. Our goal was that you would not need to endure what we did.

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Post ID: @1hcm+1b3dso2g

Post ID: @efh+1b3dso2g

The naïveté from America’s most coddled generation is on full display in this post.

Great countries tend to last 250 years. Google this, it has been true for thousands of years.

This post illustrates exactly why the USA is disintegrating now in your lifetime. It’s sad, but we gave our children so much more than we had. To be honest, we should have raised you as we were with working even as children to have skin in the game.

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Post ID: @1czd+1b3dso2g

ID: @efh+1b3dso2g

“Boomers still think corporations operate on ideas that were commonplace in the 50's-70's.”

You should know something about your elders. We were born before generations were named and obsessed over. We were actually the reason that generations were named. Unlike like the 5 to 10 year micro generations which people obsess over now, the 1945 to 1964 are thought of as boomers, but it actually contains 3 totally different generations. There are the war years. There are the post war years. There are the Gen Xers…all lumped into one generation.

The thinking that we are all rich and own things is viewing us through a child’s eyes. Our family has spent over half of our lifetime earnings on our children, paying for their education and luxipuries which we never had. It was worth it.

But I can tell you that we were still paying down our student loan debt while we were preventing yours. We never went out to a dinner and drinks until our late 40s… we simply didn’t have the cash. Cable TV was unreachable first us because of college savings for you.

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Post ID: @1suw+1b3dso2g

@1qgo+1b3dso2g. I am a boomer and you are very ignorant. You must have a very sad life. Disappointed in your children much?

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Post ID: @1lka+1b3dso2g

@1ubc+1b3dso2g

Actually you are completely unaware of the facts. Look into MS-13, dr-g running, s-x trafficking of women and children. Millennials grew up in a post boomer world where we had created tech for you to easily find information and easily discuss it. Instead of the free open minded discussion and thinking of classic Liberal thinkers they fled to safe spaces, invented tribalism and cancel culture. I regret my part in building some of the core financial services transactions which you cannot comprehend. Your generation inherited such a beautiful bright possibility and disappoints us every day.

You could easily and more productively use the internet to learn what you are discussing. I know… tribalism is simply more fun. It’s probably better than kicking your dog after work, but not as good as walking it.

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Post ID: @1qgo+1b3dso2g

@1inh+1b3dso2g
I am a boomer and I think you are unfair in claiming your generation had it tougher than others. We all have our challenges. All generations not just us boomers. I think younger people work just as hard and they are just as strong as I am. Why do I think that way? Because I know my children, my nieces, my nephews and also their friends. They are all hard workers, intelligent, responsible and successful at what they do. I am very proud of them. I can’t imagine belittle them and think they are not as good as I am. That would be very sad.

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Post ID: @1dma+1b3dso2g

Post ID: @efh+1b3dso2g

Millennials did not go through two market crashes unless they were heavy investors in the nursery in 1999, 2000, or teenage wh-z kid investors in 2008. Get a clue cause they do not ring a bell at the top. Boomers were unlucky to hit 3 of the top crashes in history. You really have no concept.

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Post ID: @1mrh+1b3dso2g

Boomers weathered the 1970s, with 20% interest rates, sky high gas with odd and even day gas rationing and the destruction of the nuclear family. 82% Clinton corruption fueled crash in 1999, the second biggest crash in U.S. history after the 1929 Black Friday. You remember 1999 children… Enron, Adelphia, Global Crossing, Tyco’s CEO Koslovaky with the $60,000, shower curtain. Paid off Algore citing a classic defense of “No Controlling Legal Legal Authority” while Clinton was AWOL with h00kers on Air Force Epstein.

You’re soft and have only known luxury. Your night out for a dinner and hitting the bars was something boomers couldn’t afford until midlife. And we saved and paid for your education too after we paid off our own student loan debt.

Time to grow a pair and buck up!

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Post ID: @1inh+1b3dso2g

Boomers have been through a number of down market cycles, high inflation, war times and bubbles.

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Post ID: @1wzf+1b3dso2g

@xjb - your last comment about millennials is the exact Trump words about Mexicans. Cringeworthy!

“ […] They’re sending people that have lots of problems, and they’re bringing those problems with us. They’re bringing dr-gs. They’re bringing crime. They’re rapists. And some, I assume, are good people”

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Post ID: @1ubc+1b3dso2g

A lot of people born in the 70s era prepared their lives for a manufacturing economy quite reasonably and then had the rug pulled out from under them when we transitioned to a service economy. The shift to a service economy makes complete economic sense when we think about it in terms of free trade. It just didn't make sense to thousands and thousands of blue collar workers who weren't prepared to compete in wages with third world countries or face structural unemployment when the jobs they were educated to do got sold out from under them so that the countries cashflows could look better. And you can't judge them for not having the foresight to predict all of that. Hindsight is 20/20.

Now the newer generations born into that service economy are facing cost of education many times higher than their parents did. The cost is barely optional because of the increasing cost of living and the decreasing availability of non-service jobs. Nonetheless, kids are faced with 3 sets of voices, all of which criticizing them for making a different, wrong decision. One of the groups is shouting "kids shouldn't get free school, not everyone needs to be going to college, we shouldn't have to send kids to college" but then if kids make that choice another group is shouting "of course your sh---y fast food/taxi/trucking/manufacturing/waitress job is being automated, get a career, you should have gone to college", while the last is shouting to the people who chose degrees with bad career prospects "what did you expect, you took on a bunch of debt to get a d-mb degree and now you can't get a job because everyone else did the same thing, devaluing your degree that was already d-mb, and taking up all the jobs. Enjoy paying off that cost of education that is 3x what your parents faced, at wages that have actually gone down since your parents were your age."

We are declining because there isn't a good set of options anymore. It's unreasonable to go to college and come out getting married, having kids, a car, and a house when you hit 30. Everything costs more, rates of return on investment are down, incomes are stagnant, and yet GDP and other overall measures of wellness are going up because more money is coming in but less people are seeing it. You're now left to be a wage-slave or a debt-slave and if you're lucky and smart you can work your way into financial independence.

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Post ID: @nno+1b3dso2g

We should not care about age here at WFB - I think we should never forget this... Honestly, this approach is good for business. Good relationships in a work environment can be difficult to achieve, even if everyone is part of the same generation. So when you mix Baby Boomers and Millennials, sparks can fly if a company doesn’t handle it right. Each generation is an integral part of any successful company, so ignoring problems simply isn’t an option. Fostering an environment wherein stereotypes are stripped down rather than built up, collaboration is encouraged, and managers better understand their employees will go a long way in getting two seemingly polar opposite generations to work well together.

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Post ID: @akg+1b3dso2g

I think old people should retire and let the new generation take over… the old generation has been involved in to many scandals and the only way Wells can grow is to get rid of them and start over. Too many old people at Wells trying desperately to hold on and hold down young talent! It’s time to move from the old and into the new! Moving on is the only way the bank will survive!

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Post ID: @xwp+1b3dso2g

They are all the same.

It boils down to an individual. I know some awesome boomers, some awesome Ms, etc... It all depends on who you are as a person

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Post ID: @cyg+1b3dso2g

Well I’ve worked with all three generations. Millennials on down have a large number of people who aren’t driven, don’t accept responsibility for their actions and results, work harder to get out of work than anyone I’ve ever seen by abusing our generous leave benefits, and are often unable to even face up to the truth

Some, I assume, are good people

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Post ID: @xjb+1b3dso2g

As a boomer, I am noticing that it is increasingly becoming harder and harder to get a job. What I have noticed is that these Gen Z's and Gen X's are coming to Wells Fargo with Masters and PHDs. Many of us boomers simply can't compete with these people mainly because we can't keep up with their speed and the marketable skills. My team have a couple new hires from internships and such and my god, they are geniuses. They brought a lot of new things to the table that we would have thought of. If you are in your upper 50s early 60s and you lose your job, might as well close up shop and retire.

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Post ID: @dsp+1b3dso2g

Boomers still think corporations operate on ideas that were commonplace in the 50's-70's. They own houses, have wealth, and live a mostly comfortable lifestyle since they have been at the top for a significant portion of their time in the corporate workforce. If they haven't, they're stuck clinging to what they do have and preventing the younger generations from moving up since they mismanaged their funds during their lifetime.

GenX expected corporations of the 80's, where an "education" was optional, but understand that corporations have fully embraced capitalist-corporatism where workers and profits are never good enough, and therefore one must be sacrificed at the expense of the other. Some managed to make it high enough in the workforce to be comfortable, but a good many have barely kept above water.

Millennials have grown up under two market crashes, major downgrades in earning potential even with advanced degrees, runaway housing prices, and a government that does zero to represent them.

Each has a unique perspective of their own, and each other generation's stature in life and benefits/drawbacks to their generation. Is any one better than the other? No, not really, but some are certainly out of touch with the modern state of America.

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Post ID: @efh+1b3dso2g

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