Thread regarding Wells Fargo & Co. layoffs

@tco+1qLrOfvr
it is always an advantage to come from an affluent background, nothing to do with race. Look at AOC, she is borderline r-tarded but got a free ride through college, daddy paid, and has an economic degree from a $80K per year school and knows nothing. She is now worth $29 million. Must be nice to be an attractive female h-panic in a h-spanic district that sent her to congress to get rich. Also plenty of other people here just to fill a percentage and not qualified pulling down serious $ and will never be asked to leave. To me that is privileged. Even if you think CS stinks it has nothing to do with race.

@sze+1qLrOfvr

This kind of hate speech needs to end. What are you even talking about? Most CEOs of banks are not even Jewish. Spreading hate will only make you a more miserable person than you already are.

Soo many people didn't get any sort of merit increase this year due to our financial situation, but he can get a multi-million dollar raise, despite not meeting his key objectives. Makes perfect sense /s

I'm fine with Charlie or any other corporate CEO making millions each year, came to terms with that years ago, but when we are giving our executive large raises while at the same time only giving the rank and file 3% if you're lucky in a good year; it's a slap in the face and further erodes morale.

Wells Fargo is a toxic, shitshow and dumpster fire all rolled into one. Let's celebrate!

I stopped going above and beyond two years ago. I refuse to ‘volunteer’ for any additional assignments.
Wells took one of their high producers and pretty much beat them down to lose all morale. Multiple factors caused this - RTO, constant threat of layoff, sending a large percentage of jobs to India, and refusing to acknowledge the contributions of their largest demographic in their communications.
I’m done.

@igj+1qLrOfvr

Didn't Citi just have their worst quarter ever? They are very late to the layoff game too, 2 years behind WF in that regard.

We need to ask Scharf during next Town Hall (anonymously, unless brave enough to provide names):

• Charlie, what did you do in 2023 to deserve such a massive bonus? Asset cap still in place, employee morale at all-time low, etc. What rating on 5-scale would you give yourself?

• Charlie, why are employees losing their jobs and careers, yet you don't even take a pay cut? Aren't CEOs supposed to tighten their belts when they ask employees to do the same?

• Charlie, why did you say you weren't familiar with "hub strategy", when that very strategy is being rolled out for weeks by your direct reports, negatively affecting employees' lives? How could someone worthy of such high compensation not be aware of what's going on in his company and among his leadership? Or were you actually aware and purposely misled your employees?

Well everybody is benchmarking to Citi

It's good to be a white privileged male from an affluent background.

Details on the raise and bonus?