Thread regarding Wells Fargo & Co. layoffs

I am the CEO, ask me anything

Fire away...

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| 3031 views | | 37 replies (last June 24, 2022) | Reply
Post ID: @OP+1hn10yPj

37 replies (most recent on top)

Someone - Knock Knock
Chuck - Who's There?
Someone - I smell mop
Chuck- I smell mop who?

...well that's not appropriate

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Post ID: @1lnu+1hn10yPj

Is there open bar in offices

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Post ID: @1tnn+1hn10yPj

What is the real reason you left Visa in 2016?

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Post ID: @1ghc+1hn10yPj

Post ID: @hty+1hn10yPj

I hear you.

I’m against stock buybacks in general. It is a poor use of capital and is done to manipulate the price of the stock. Do it if you have invested in top notch technology with all the systems integrated and speaking to each other. Do it if you have invested in the technology and talent to provide the proper oversight to get us where we need to be with the regulators. Do it if you are not, at the same time, laying off workers and offshoring American jobs to “cut costs”. If the goal is to reward shareholders, then get the dividend back to where it was before he/the BOD cut it. The fact is that Charlie benefits personally from his stock options if he gets the stock price up to certain levels.

Tim Sloan was publicly criticized for spending $40 Billion on stock buybacks.after the facts. And here we are back again.

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Post ID: @1wbs+1hn10yPj

What's with the smug smile? Do you have ant teeth?

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Post ID: @1jja+1hn10yPj

Are you a member of the Illuminati?

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Post ID: @hqp+1hn10yPj

Any plans to leave soon? Please hurry up.

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Post ID: @bek+1hn10yPj

Will the Fed continue to raise interest rates? If yes, how will this affect us here at Wells?

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Post ID: @fla+1hn10yPj

Did you finish the 1st grade?

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Post ID: @seb+1hn10yPj

@hty+1hn10yPj I have to say that #3 is not entirely fair. What the stock will do is not something that the buyback team can predict with certainty. Would they have spent less if they could have? DUH! Of course because then they could have bought magnitudes more for a better result!

Every analyst out there says our stock is undervalued and has said it’s been cheap for quite a long while now. The fact that it got cheaper is not something that could have been easily predicted. Timing the market is very tricky business which is why dollar cost averaging your purchase for something you will hold for the long run is a sound strategy.

Not that I’d give management a pass on anything but time travel is not in their skill set.

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Post ID: @grn+1hn10yPj

Are you going to stop with layoffs soon?

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Post ID: @ipp+1hn10yPj

How many guitars have you gone Kurt Cobain on from failing to hit headcount reduction numbers?

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Post ID: @zkl+1hn10yPj

Who cuts your hair?

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Post ID: @ium+1hn10yPj

When will you stop hiring retreads from JPM

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Post ID: @ens+1hn10yPj

Charlie - what, sir, are you most proud of?

  1. Stepping on the little people to get ahead?
  2. Offshoring American jobs from the country which made you rich?
  3. Spending billions on the company stock buyback at peak prices to increase the value of your executive compensation stock options package?
  4. Your ability to get away with giving zero solid answers about your progress with getting the company you lead right with the regulators?
  5. Pulling the wool over shareholder’s eyes?
  6. Your cold callused heart?
  7. All of the above?
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Post ID: @hty+1hn10yPj

I am shopping for dresses today. What is your size?

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Post ID: @urm+1hn10yPj

Do you prefer to be called Chuckles, Chainsaw, or Rubber Chucky?

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Post ID: @akx+1hn10yPj

Do you look forward to being the most popular boyfriend in prison?

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Post ID: @fmt+1hn10yPj

DO you beat your wife often?

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Post ID: @shr+1hn10yPj

What happened to the stage coach

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Post ID: @ztm+1hn10yPj

What does it feel like to get a raise?

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Post ID: @onk+1hn10yPj

What did you do to your stuffed horses?

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Post ID: @nyz+1hn10yPj

What is the air speed velocity of an unladen swallow?

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Post ID: @wnx+1hn10yPj

Do you also appear in strange places each morning like all the other elves on shelves?

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Post ID: @xem+1hn10yPj

Was that your friend in the wood chipper?

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Post ID: @rvi+1hn10yPj

Rules for treatment of customers just released. When are you going to release rules for treatment of employees?

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Post ID: @mho+1hn10yPj

What's it feel like to be paid $25 million per year to fail?

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Post ID: @ojb+1hn10yPj

When are we going to re-open up that lucrative postal route between Billings and Tacoma? I've got a full stable of stallions and 8 side saddles.
Let's get going, boss!

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Post ID: @ijh+1hn10yPj

What was Harry Potter like growing up?

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Post ID: @ibj+1hn10yPj

What kind of moisturizer do you use for your face?

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Post ID: @wlv+1hn10yPj

Where can I get some SPF 1000 sunscreen?

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Post ID: @asg+1hn10yPj

Why did you bite your big bro's finger?

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Post ID: @jzs+1hn10yPj

how to satisfact customer

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Post ID: @nge+1hn10yPj

Who colors your hair?

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Post ID: @wvi+1hn10yPj

When are you leaving?

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Post ID: @bss+1hn10yPj

Why are people so obsessed with you working out of the operational headquarters instead of corporate headquarters?

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Post ID: @skw+1hn10yPj

i am pregnant, on a leave, is it kosher to lay me off?

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Post ID: @giu+1hn10yPj

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