I'm starting to wonder if someone hired some folks to get into the WF leadership and tank the company......
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They sure have done a great job of destroying employee morale. A year ago I loved working for Wells and liked my job a lot.
Then they just kept pushing, and pushing and pushing me away.
Now I have zero faith in leadership. Maybe I should have taken my rose colored glasses off when our SOR is almost useless and consistently returns errors in reporting.
nah executives are greedy and their comp is directly tied to share price performance.
I don't know but I sold all my ESOP and ESPP shares at 49.50 recently. Reinvested in small banks.
@geb+1edgNWny, interesting read except it’s close to a year old. How much of it is still relevant?
Of course that is happening. Tank the company so it's broken up and Overlord Jamie Dimon can pick the carcas for his empire.
It's like the Revenge of the Sith...
Because of RTO? GTFO
You people are delusional..... Just quit already if it is so bad for you.
OMG. Coworker was saying the same. Like a big short.
The RTO will definitely help them hit that 8 billion cost reduction.
https://journalnow.com/business/local/wells-fargo-unveils-8-billion-cost-cutting-plan-including-more-workforce-branch-reductions/article_e147b6b8-575f-11eb-92e5-e779feaf28b2.html
"From the third to fourth quarters, there was a 6,482 reduction in consumer banking/retail jobs to 125,034, along with 1,681 in commercial banking to 22,410, 714 in wealth and investment banking to 29,515, and 27 in corporate and investment banking to 8,178."