Thread regarding Wells Fargo & Co. layoffs

How many used to WFH before COVID?

I know that the RTO policy doesn't separate those who worked from home before the pandemic and those who started due to the virus. I'm just wondering how many people will be affected by that oversight and how many will quit rather than relocate (I'm assuming the majority, but I could be wrong?)

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| 2372 views | | 25 replies (last August 27, 2021) | Reply
Post ID: @OP+1cv4Wq7D

25 replies (most recent on top)

Was hired on 100% WFH end of 2015. And definitely treated like an employee that the company valued. My direct hiring manager left the company earlier at the beginning of the year due to all the mounting frustrations. My immediate manager (also hired by the same direct hiring manager) just left about a month ago. I've been re-org'ed/changed managers at least 3 times in the past couple years. Since SVB has joined, the rhetoric around RTO has been on full-blast and I'm sick of it. I'm positive they're leveraging this to promote and encourage attrition, and are playing a game of "chicken" with it. I'm done with the games and hope to be out soon. They're going to get what they were asking for, and a whole lot more I'm sure. The company that I was hired into is merely but a shell of its former self now.

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Post ID: @2kzj+1cv4Wq7D

I was WFH pre-COVID; only every went into a site if I was traveling. We’ve been told we will be assigned a location, and “neighborhood” in a bldg.
I’m certainly going to try and make it work - while I am job hunting for another WFH job.

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Post ID: @2tvp+1cv4Wq7D

About the floorspace question, Wells said a year ago they were reconfiguring the offices for social distancing.

Never have been in an office I don't know if they followed through.

And BTW, I hope you're not complaining about having some room at the office, once place I worked at years ago was talking about double up people in the existing cubicles.

We made some noise about that and the dropped it.

Makes more sense from a real estate cost perspective to let people WFH, assuming you're not a dinosaur exec who wants to see a parking lot full of global warming.

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Post ID: @1mru+1cv4Wq7D

I was WFH before COVID and I will be WFH after RTO. Whether that is with Wells Fargo or not is still to be decided.

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Post ID: @1izs+1cv4Wq7D

Water cooler collaboration..

Has anyone calculated the amount of floor space in square feet is needed for four people in masks to maintain a 6ft distance from each other while in proximity to the water cooler?

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Post ID: @1mig+1cv4Wq7D

I did. I have family members with immune disease, so RTO is not really viable and apparently they don't make accommodations based on family members. So, yes, more attrition.

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Post ID: @1xxl+1cv4Wq7D

WFH was part of my offer 15 years ago. Never had an office with WF as was the case for most of my team In TI. Collaboration benefits from RTO is mostly a lie IMO. Charlie’s own words from the July analyst call indict him…
“ And so that's why when we think about the future that we have, we still continue to believe that there are significant efficiencies on a gross basis that we'll be able to continue to drive out the company.

Over time, we would love to do as much of it through natural attrition as possible given the size of the company, we have significant attrition. And people self-select because of how we're going about doing things.

https://www.google.com/amp/s/seekingalpha.com/amp/article/4439251-wells-fargo-and-companys-wfc-ceo-charles-scharf-on-q2-2021-results-earnings-call-transcript

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Post ID: @khg+1cv4Wq7D

just get over it and get your bu-t in the office or get out.

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Post ID: @xia+1cv4Wq7D

Took a new internal role in 2013 and have been 100% full-time WFH since then. The last two years have been full of "WFH is ending" rumblings, but never anything definitive. I know it's coming, but I also think they're afraid of really pushing it on the long-timers who know their systems, business, and procedures.

When the time comes, if it doesn't mesh with my life, I'm out. I've been here long enough that I am no longer taking this cr-p. I have enough saved that I don't have to.

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Post ID: @phb+1cv4Wq7D

WFH Last 8 years or so.

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Post ID: @fwm+1cv4Wq7D

I'll just say I have been WFH >10 years and <15 years.

I've never had a badge for the nearest WF office which is about 30-40 miles away.

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Post ID: @sop+1cv4Wq7D

Hired on as WFH 3+ years ago and am 56+ miles away from a Hub office. Also, 95% of my team is in NC so if push comes to shove I will leave WF even though I enjoy the work I do, the team I'm on, and my Leader is top notch. It's very disheartening to me that there is this mandate when it should depend on the position and how an employee would give their best performance. Some people need the office environment and others do not. In the end, its not worth stressing about - there are plenty of remote opportunities out there.

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Post ID: @npl+1cv4Wq7D

I’ve worked from home since joining. Now I’m being ask to ‘return’ to the office to get covid shed by the vaccinated crowd. What’s the point in this? If I’m forced to go to the office and covid I’ll do anything to sue wf for it.

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Post ID: @jjh+1cv4Wq7D

"leave to move up"

Yes, in my almost 19 years I've observed that generally to move up one has to move out.

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Post ID: @kpe+1cv4Wq7D

"Was remote for several years but was told I wouldn’t be able to take any internal promotions unless o relocated at my own expense to a hub market."

I was also told that eligibility for changing positions was contingent on moving to a hub market at my expense.

Also that it would be a lateral move because any increase over 10% of the current base must be approved by leadership.

The internal recruiter was right up front when pressed. Most will have to leave to move up. Or go to an office at your own expense.

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Post ID: @mir+1cv4Wq7D

Hired on as 100% WFH about 15 years ago. Lower level of pay reflects that (according to HR & management).

I do save a ton on not having to pay for parking, gas, wear & tear on cars, etc.

Pulling me back into the office (and thus forcing an extra several hundred dollars of commute related expense upon me) would be a defacto pay cut.

Somebody hit the nail on the head when they said that "RTO has nothing to do with returning to the office, but it has everything to do with manufacturing a situation where people will voluntarily quit".

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Post ID: @sqo+1cv4Wq7D

Was remote for several years but was told I wouldn’t be able to take any internal promotions unless o relocated at my own expense to a hub market. Personally I chose an area I didn’t mind moving to and just did it. I’m still looking for a 100% remote opportunity and when the right one comes along I’ll leave wf. Problem is I make over 200k plus a good bonus and most jobs aren’t paying that high that I’ve seen. I have no idea if I’ll be asked to literally go into the local office or if it’s just optics that’s I needed to be in a market. Hoping it’s optics but from the rto call it seems most are going to be asked to be in office 3 days a week. Official stance has been no new 100% remote and tbd on what happens with those currently in a 100% situation. My guess is those will be on the Mayo list unless you’re very specialized in what you do.

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Post ID: @bhx+1cv4Wq7D

Hired as 100% WFH 13 years ago, same for most of my team.

Compensation based on WFH.

Adding a commute, gas, dry cleaning, lunch, etc wouldn't bother me much.

But if there's an hour to the office and an hour home, that's a 25% time add to my day, unproductive time.

Imm'a need 25% more pay.

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Post ID: @sga+1cv4Wq7D

My team was always able to be remote....I moved recently to a location that is under 40 miles but a horrible commute to Uptown Charlotte. My manager doesn't know if our team will be forced to one office location to work together or if I could go to the closest office. Personally I don't care as I will refuse to go to an office and have impaired breathing behind a mask all day...I have asthma and it would not work...I am listed as having a disability so if they force the issue will try for doctor note. If that doesn't cut it they can let me go and good riddance.

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Post ID: @atb+1cv4Wq7D

WFH pre-COVID, not 'returning' to office this fall.

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Post ID: @ort+1cv4Wq7D

Been WFH for two years due to disability. They hired me knowing this. Not going into an office, period.

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Post ID: @pek+1cv4Wq7D

Sounds like an HR survey here.

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Post ID: @yqp+1cv4Wq7D

One of the reasons I left (there were many) earlier this year was the confirmation that pre-pandemic there were serious talks of pulling many WFH/remote employees back into an office. That was a no-go for me.

My new employer guaranteed my permanent remote status in my offer.

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Post ID: @afa+1cv4Wq7D

I don’t think it was an oversight

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Post ID: @eto+1cv4Wq7D

100% WFH since I started 5 years ago. No office to return to. There are plenty of WFH opportunities elsewhere for those that either choose to leave or have that choice made for them.

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Post ID: @cxa+1cv4Wq7D

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