Thread regarding Wells Fargo & Co. layoffs

CTO layoffs happened today

sizable impact in Mike B’ cto organization
layoffs are part of the business. when it hurts most is when the folks that are busting their rears at the direction of their leaders are impacted solely because of incompetent leadership.
Tracy Kerrin - a DEI facade- no empowerment and no background in leading technology.
Steve Hagerman - only good this is he hired Alan Varrasso. look at the production outages reported in the news
Mike brady - look at cloud

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| 4476 views | | 13 replies (last November 16, 2023) | Reply
Post ID: @OP+1pAzS3Tj

13 replies (most recent on top)

At least two dozen under Amy Nichols (CTO->CGO) gone this Tues. 4 directors, multiple managers, and lots of senior/lead engineers. More layoffs coming. Nothing but bullsh-t from leadership as they continue to fail upwards.

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Post ID: @2chp+1pAzS3Tj

For legal purposes, wf doesn’t want to keep recit doesn’t have to. Too much risk to do so. On tech side, we are so dysfunctional we can’t even log all basic security events effectively due to capacity and complexity. Doubt we retain recording of 100k+ people per day

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Post ID: @2mpk+1pAzS3Tj

Op: you need to be more specific. I believe you, but unless you can say what groups were affected, your report is useless

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Post ID: @2iab+1pAzS3Tj

Trash thread. There’d be rumors by now

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Post ID: @2vjs+1pAzS3Tj

Confirmed layoffs. Bizarre in a few cases, they axed managers and are now back filling the role at a lower level. Wtf.

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Post ID: @1tsf+1pAzS3Tj

@1kdx+1pAzS3Tj My team was in AZ.

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Post ID: @1wbl+1pAzS3Tj

@1cir+1pAzS3Tj lol sure. Where they all at?

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Post ID: @1kdx+1pAzS3Tj

Interesting....the Malibu Stacey comment was removed. Wonder why??

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Post ID: @1ekc+1pAzS3Tj

Totally true. Entire teams taken out. Hard to track because of all the reorgs and how these teams have been buried around the org. I’m sure some of them will start posting here once they get over having their whole team let go on the same day - managers included.

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Post ID: @1cir+1pAzS3Tj

Didn’t hear about any in his org….you’ll have to be more specific

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Post ID: @1vzy+1pAzS3Tj

Stop polluting this forum with your obsession with these people

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Post ID: @1xii+1pAzS3Tj

What areas of CTO? There is normally chatter when it happens but didn’t hear a peep today.

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Post ID: @1jnb+1pAzS3Tj

Exactly who?

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Post ID: @1ers+1pAzS3Tj

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