Thread regarding Wells Fargo & Co. layoffs

What happens now?

Looking across my organization in the COO we have managers with 30 to 50 people reporting to them. We just converted managers out of their roles into principles or senior leads. So now what? Are we hiring more directors? Shipping roles to the business? Displacing people? Reorganization? Probably a mix of all those things. However, at this point the math does not add up. Tired of being part of a blown apart organization.

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| 1300 views | | 9 replies (last September 6, 2023) | Reply
Post ID: @OP+1otdROsR

9 replies (most recent on top)

CK was useless, she had no idea what she was doing.

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Post ID: @qne+1otdROsR

Christal Kennedy was useless, she had no idea what she was doing.

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Post ID: @hyt+1otdROsR

lol, CK was a POS who's own LinkedIn claimed her top skill was downsizing/outsourcing.

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Post ID: @nwd+1otdROsR

The only thing they can't figure out is how to keep $5B/quarter rolling in while getting rid of the last 179k of domestic employees. Once they do, we all gone.

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Post ID: @clz+1otdROsR

Believe it or not, the top management does not know what they are doing. All they are doing is a trial-and-error experimentation. I overheard such discussions in one of the leadership meetings. They still can't figure out the best approach to reconstruct the organization, so they keep redoing it over and over. But this is something they should be doing at a kindergarten, not at the grown-ups' place.

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Post ID: @gto+1otdROsR

Trust the process!

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Post ID: @xzy+1otdROsR

Please wake up and smell the coffee. It India until the end.

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Post ID: @gqm+1otdROsR

All WF roads lead to I&P. In every single town hall that I’ve tuned into over the last year, the US Exec couldn’t say enough wonderful things about India. I have not heard any mention in this same way about any US site. The writing is very clearly written on the WF wall, unfortunately.

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Post ID: @gmv+1otdROsR

Sadly - continued reorg, US displacements and more US jobs going to India and Philippines.

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Post ID: @suu+1otdROsR

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