Thread regarding Wells Fargo & Co. layoffs

Millennials and Layoffs

Gen Z and millennials are reframing layoffs, stripping away the shame and pointing the finger of blame at the company that let them go

No Paywall: https://archive.ph/DvVVG
Paywalled: https://fortune.com/2022/10/17/gen-z-and-millennial-workers-use-tiktok-to-share-reality-of-being-laid-off/

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| 1275 views | | 7 replies (last October 20, 2022) | Reply
Post ID: @OP+1jhH7Luw

7 replies (most recent on top)

@1pim+1jhH7Luw

You’ve been here decades, but 6 out of your 8 major cultural changes happened within the past 6 years. That speaks volumes.

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Post ID: @1vim+1jhH7Luw

Here’s the real issue among different generations at the same company. The culture at WF has changed over several decades. I began with WF multiple decades ago. I truly have to say that the morale was very upbeat among team members. The company was pumping out all kinds of intrinsic morale boosters. The opinion at the time was that WF was a great bank to be a part of.
Here are the highlights of what’s happened since to destroy morale:

  1. Financial crisis 2007-2008.
  2. Wachovia merger. Marriage pains…
  3. Uncovering of millions of fake accounts (Fake account scandal). Finger-pointing…
  4. High turnover among executive leadership. Leadership you trusted Abruptly resigned…
  5. Uncovering of more scandalous behavior reported in the media.
  6. Asset cap. We can no longer grow…
  7. The great pandemic.
  8. Diversity, equity and inclusion. Going woke.

These are all pain points for those of us who have been around for a long time. I remember the good old days when I enjoyed working for this company. Now, many of us are all shellshocked from all these trials and tribulations we’ve had to deal with over the years. We’re still here because this is what we’re familiar with. Why leave, we’re too old to begin anew. Finally, we may have a nice big fat golden sufferance waiting for us.

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Post ID: @1pim+1jhH7Luw

@tvl+1jhH7Luw

Please don't bring up Wachovia, even speaking ill of them (rightfully so of course). It's like discussing work while you're out at a sporting event to get your mind off of things.

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Post ID: @jif+1jhH7Luw

@iub because the pay and benefits are better than every other job I've hated in my career.

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Post ID: @elu+1jhH7Luw

Agreed. When I first joined the company management was motivated, and I noticed a lot of happy team members. The Wachovia merger messed things up, Not to mention the scandals.

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Post ID: @tvl+1jhH7Luw

And why are you, as a grown adult, holding on to a job you barely like at a company you barely like?

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Post ID: @iub+1jhH7Luw

every generation is different and can show the other generation something

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Post ID: @hte+1jhH7Luw

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