Rebuilding Your Career after layoff: Exploring management trust, learning and humility

I believe that trust is a fundamental pillar of successful tech development and app maintenance. It is crucial for managers to have unwavering confidence in their team members' abilities to accomplish their tasks effectively. This sense of trust should permeate all levels of the organization, spanning from design to maintenance, and should apply to projects of varying scales, from large initiatives to smaller endeavors.

I have observed a noticeable accelerating shift in the distribution of this "trust" among different groups, such as transitioning from current management to newcomers (JPM), from US workers to international professionals, from older staff members to younger counterparts, and from in-house personnel to external contractors. Consequently, this process has resulted in significant displacement within the bank's workforce, including the unfortunate scenario of layoffs.

Given this situation, it is crucial for us to take a moment to reflect on our next steps. I understand that many of you may have been impacted by layoffs. So, how can we address this situation and navigate our paths forward? Here are some suggestions:

Seek out employers who value and trust your skills and expertise. It is vital to find a work environment where your abilities are recognized, appreciated, and trusted.

Continuously invest in learning and expanding your knowledge, particularly in emerging technologies like AI. Familiarizing yourself with AI tools such as Bard and chatGPT can greatly benefit your professional growth, enabling you to stay up-to-date and relevant in the field. In my opinion, these tools can serve as your mentors for future success.

Embrace a humble attitude and maintain a willingness to ask questions. Cultivate a mindset of continuous learning and actively seek clarification whenever necessary. This approach will not only enhance your own skills but also foster an atmosphere of collaboration and knowledge sharing within your team. It's important to be open to seeking guidance from AI mentors as well.

I invite everyone to contribute additional advice or suggestions that can help us navigate this evolving landscape. Together, we can support one another and adapt to the changing demands of the banking tech industry.

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12 replies (most recent on top)

Anti Charlie is right. Charlie in the same sentence as sleaze and corruption!

Post ID: @2ntc+1n3rtIQ0

I don’t know what you read, but I didn’t get that at all.

It does appear to be professionally written, but the message is very “anti-Charlie.”

OP sounds like a public service announcement from Charlie and his brutal burn down the bank tactics with the result being massive U.S. resources unemployed.

This message embraces a disregard of loyalty, subject matter knowledge, and empathy.

Passive real estate could be good. But commercial is tanking and residential is bad because tenants are scary people. Maybe quit and get hired as a consultant in your old role. Lol

Nice topic...even if you have humble attitude and keep learning new technology but sometimes things may not work in your favor, so my advice to 50 plus is to plan for some passive income like rental property, small business, some store, whatever you feel comfortable and support your basic survival when you don't have a job.

Talk about trust and Wells Fargo in the same sentence is disgusting. Charlie is the worst!!!!

@1zcl business is scammy.

Good comment about starting a biz. I’m in the same boat- 50 plus but still need to work at least ten more years. Don’t think I’ll make it at Wells. Looking at businesses but everything seems scammy or not worth it. For example- I looked at drop shipping but the products I looked at were the same price as they were in Etsy/Ebay. So that makes me think those days are gone. Let’s turn this in to a positive site. Please contribute any ideas for a small biz for someone in Wells IT.

@dai plumbers are always needed and make good money.

Eat ze bug

It is nicely written! Most of the folks are 50 plus, so instead of entering the workforce, are there other entrepreneurial options out there, having gained experience in Banking or WIM world? For example, if you are in e-commerce, you can start your own dropshipping business. I would like to hear what skills are marketable to start a company for us 50-plus WF employees.

I’m not in tech, but this is so well written. Kudos to the OP.

Trust is of the utmost important in any industry responsible for safeguarding people’s money.

Charlie Scharf has dramatically lowered the bar for trust between management and employees. So no one should be surprised when employees break the trust barrier between themselves and the bank, and themselves and our customers.

This is why I think Charlie Scharf is Wells Fargo’s most dangerous CEO to date.

Thread regarding Wells Fargo & Co. layoffs

Rebuilding Your Career after layoff: Exploring management trust, learning and humility

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