Thread regarding Wells Fargo & Co. layoffs

Come on folks. Charlie surely has done many good things for employees. Let’s list them all here and show him some appreciation!

I’ll get the ball rolling. Let’s see….help employees….well that one time he uhhhh….Oh! He gave us 50 shares of stock!! What - oh that wasn’t him? Okay okay I just need a little more time and the good stuff is going to start flooding in. It’s hard to pick just one… Oh remember that time he forfeited his compensation for a year so he wouldn’t have to lay people off?? No that was other CEO’s….a little more time…. It’s been a long day and I really want us to show him our support…. he’s got such a way about him that it’s hard to put your finger on something obvious … you know he’s doing a lot of good things for us behind the scenes … that annual compliance training is quite entertaining ….thinking…..

I got it! He did move our 401Ks to Empower so he wouldn’t be tempted to keep ripping us off. Now that was very very pro- employee. See? He’s a good boss.

Okay - your turn! Don’t be shy!

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| 2521 views | | 22 replies (last September 27, 2023) | Reply
Post ID: @OP+1oNLp6a8

22 replies (most recent on top)

He taught us that “Team” is synonymous with “Cult”. Didn’t know that before he came along.

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Post ID: @1lke+1oNLp6a8

Comments from Teamworks articles were removed. They also removed any articles related to this place as a business, but I digress.

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Post ID: @toz+1oNLp6a8

I don't see this one listed, however, it certainly had a tremendous employee impact.

How about the one absolutely good (for Him & WF), move when he first arrived on the scene and immediately changed the WF 401K Quarterly dollar match and made it an Annual match?

Now that one surely takes the "cake", and believe me, he is still feasting on that one move, while the amount of compounded dollar losses has severely impacted employee 401K bottom lines.

Yes, I was effected!

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Post ID: @kkk+1oNLp6a8

He established offices in NYC where we had very little presence whilst filling it with Chase alumni and talking about how important in-person collaboration is to growth for the company and the individual. He’s overseeing the mass shedding of domestic labor in favor of WFI despite repeated failures that have public facing consequences.

But we got Juneteenth, so there’s that.

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Post ID: @jyn+1oNLp6a8

Charlie made Wells Fargo very woke and making the bank lose more business.

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Post ID: @ydf+1oNLp6a8

OP is a troll.

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Post ID: @dqc+1oNLp6a8

Loudspeaker? After 5 years, Charlie could not fix anything and ran out of ideas, now he is begging other people to fix the problem for him. So this guy is getting paid millions of dollars for doing nothing?

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Post ID: @gva+1oNLp6a8

He provided employment to his BFF's (Jamie Dimon) son in law when he hired him as a completely unqualified candidate for a position that reported directly to him!

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Post ID: @gwe+1oNLp6a8

Charlie said many good things but he did many bad things.

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Post ID: @gzp+1oNLp6a8

OP may be a troll

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Post ID: @ufn+1oNLp6a8

@sje+1oNLp6a8

Charlie has been at Wells Fargo for 5 years, but still unable to remove the asset cap, replaced the US employees with offshore employees, downsized the company to the point it can no longer function properly, created a highly toxic corrupted organization, still getting paid millions of dollars in compensation for doing nothing. He needs to get fired. So don't give that BS. Who are you? Are you one of Charlie's cronies?

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Post ID: @kfv+1oNLp6a8

He's got several consent orders dealt with and is diligently working on the last pile to get the asset cap removed.

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Post ID: @sje+1oNLp6a8

The last good thing he did was disappear for a few months.

Then he ruined it.

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Post ID: @tgo+1oNLp6a8

Charlie rewards the offshore employees in India and the Philippines more than the employees in the US.

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Post ID: @enz+1oNLp6a8

lol you label anyone who remotely pushes back against your nuttiness as a "Charlie-lover" or paid company stooge

They don't exist. It's all always been in your head

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Post ID: @ddc+1oNLp6a8

Charlie rewards employees who do the wrong things.

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Post ID: @gkk+1oNLp6a8

Charlie enforces a strict RTO policy so that employees can collaborate better with colleagues located in different time zones.

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Post ID: @eab+1oNLp6a8

Although Charlie treats most of WF employees like cr-p, he compensates his top executives well.

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Post ID: @bqe+1oNLp6a8

It's no simple feat in the business world to make both Kovacevich and Stumph look good... abut, was Sloan the best one we had in the last 20 years? I wonder who will replace Chainsaw Charlie after 10/03??? Also, good luck surviving the purge tomorrow!

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Post ID: @dld+1oNLp6a8

I can’t say a name, so let’s just say he got rid of the worst CMO on the west coast.

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Post ID: @hky+1oNLp6a8

I'm telling you, I'm getting the f off and there is a reason why I'm getting the f off and everyone can either believe it or they cannot believe it, I don't give two f. But I am telling you right now, that mf, that mf back there is not real. And you can sit in this office and you can die with them or not, I'm not going to.

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Post ID: @hil+1oNLp6a8

We got a free bagel for breakfast one day last week if we came in to the office that day haha!

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Post ID: @pzh+1oNLp6a8

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