Thread regarding Wells Fargo & Co. layoffs

Maybe the cuts need to go higher

Every layoff seems to hit the people doing the actual work while some long established management positions remain untouched. If leadership wants to change the company, maybe they should take a closer look at that layer too.


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| 31 views | | 5 replies (last October 11) | Reply
Post ID: @OP+1m4h6kkq0

5 replies (most recent on top)

Look at this on the bright side. When the upper management deploys the AI solution they will have less people to cut.

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Post ID: @fj+1m4h6kkq0

The number of middle managers, with 2-4 direct reports, in risk is staggering. Lots of remote managers too. Huge paychecks but they cut the lowest levels where the work actually gets done.

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Post ID: @dp+1m4h6kkq0

We've cut the domestic workforce by almost 45% while we've doubled the number of executives. That tells you everything you need to know. There's a club and you ain't in it. Nothing but Shart's friends here to take a bite from WFs carcass.

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Post ID: @cw+1m4h6kkq0

Genius! Has anyone brought up how we shouldn't have to go into the office yet? I just thought of that.

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Post ID: @a5+1m4h6kkq0

The cuts absolutely need to happen at the upper levels, but they will not happen until enough of the lower levels have been cut by those upper levels who were brought in to do so.

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Post ID: @a4+1m4h6kkq0

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