Thread regarding Wells Fargo & Co. layoffs

Q2 CEO Town Hall - June 13 @ 2:30pm et

Observations, thoughts, critique? Add your running commentary below!

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| 5893 views | | 72 replies (last June 18, 2024) | Reply
Post ID: @OP+1t0Kwj8T

72 replies (most recent on top)

Shame on you for attending. The MSNBC crew always showing up for this deep fake rubbish lies from CEO. Hoping for the next DEI story.

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Post ID: @5mwr+1t0Kwj8T

i learned a lot

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Post ID: @2hgz+1t0Kwj8T

Regarding loudspeaker: my region exec made it pretty clear that only id--ts use it in his mind

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Post ID: @1iza+1t0Kwj8T

Didn’t tune in not in a hub so doesn’t apply to me. Stop asking me to train offshore employees when you’ve decided you’re laying me off. Ask your hub employees so they can build rapport, coach and fix their mistakes the next day.

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Post ID: @1ccu+1t0Kwj8T

I was disappointed the CFO towed the liberal line on economy instead of being honest like a Jamie Dimon

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Post ID: @1afb+1t0Kwj8T

"As someone who attended in person very few employees hid their disbelief at much of what was said."
Caught me with my mouth open gasping at what was said, did you?

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Post ID: @1sny+1t0Kwj8T

As someone who attended in person very few employees hid their disbelief at much of what was said. I did apreciate the donuts and popcorn available after the "jab fest".

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Post ID: @1rbc+1t0Kwj8T

For those questioning Intern and them flying to Orlando, FL.. With all those fun activity + the rate they pay to intern it would be equivalent to (my best guess) 3/4 full time employee. Plus it's all about marketing to those 'young' cool kids who are eager to land their first job. So I guess this is all part of strategy aka. Brand image creation for Wells.

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Post ID: @1kau+1t0Kwj8T

Interns in CIB on average earn $43.00 an hour. I have a few starting next week.

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Post ID: @1diz+1t0Kwj8T

Glad the interns enjoyed their all expenses paid week long Disney trip while top employees get a certificate instead of a Golden Spoke award/trip. Priorities.

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Post ID: @qbt+1t0Kwj8T

@hyn+1t0Kwj8T 💯! They have been laying off people for months, have made it difficult for managers to TRULY "appreciate" the work we do through financial and promotional levers...and they really think a dry panera cookie and pancakes are really doing something.

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Post ID: @bzn+1t0Kwj8T

CFO and COO throwing jabs at each other without their daddy there to separate them.

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Post ID: @otn+1t0Kwj8T

I’m pretty sure the interns are paid, btw.

“So recurring themes thar are "opportunities", meaning they don't do well — clear paths to promotion, recognition and training.

It's hard to do those things when they're laying off and destroying efficient and effective organizations.” Or that they keep hiring from BofA or Chase blocking mid career aspirations of existing committed employees (making them want to leave).

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Post ID: @ocs+1t0Kwj8T

Do you people really think interns aren't paid? If you don't know, then don't speak on it. They get paid tye WFC min, which isn't too bad for a summer gig of just following people around. The bigger travesty is paying them to travel, period.

I have to beg and plead to travel for my job that's necessary and these kids get a free trip to Disney World. Maybe only 20% actually come back to work at Wells. Not to mention that all interns are basically kids of high level managers

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Post ID: @waj+1t0Kwj8T

Let's be honest. Wells was probably these interns safety/last pick. I'd be curious to see the retention rate...I doubt Disney will make a difference.

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Post ID: @xqd+1t0Kwj8T

Why is he meeting with Trump… he can’t get SAFE certified!

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Post ID: @lgl+1t0Kwj8T

Sothis great company flew 1000 unpaid interns to Disney World that probably included 500 (at least) executives (care takers, nose wipers, etc.) so 1500 people to Disney World. Wonder how many bonuses were cut, how many project funding was cut, how many extra employees were laid off to fund this boondoggle.

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Post ID: @lze+1t0Kwj8T

Worst gaslighting attempt yet. “Things are great here! People are committed here! You have a future here! We actually care about your ideas here!”

I was born in the dark, but it wasn’t last night. I do actually work here.

Oh and WTF wining and dining interns to make them think it’s so great. Then they actually start working here and get some picked over stale donuts and $10 as an appreciation for all the hard work. Save that Disney money and keep some of the great people you seem to be hellbent on laying off!

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Post ID: @srk+1t0Kwj8T

For career advice: No secret sauce. Kiss a**. Take the hits. Have good-ole boys network to back you up. Otherwise, you're on the lay-off list.

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Post ID: @odw+1t0Kwj8T

Here's the advice kid -- be in a core growth city. Otherwise you are meaningless to the company even if you work here for decades.

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Post ID: @abv+1t0Kwj8T

Career advice: you need to live in the right zip code.

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Post ID: @wkl+1t0Kwj8T

That poor little intern on the kool-aid

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Post ID: @all+1t0Kwj8T

They flew a bunch of not paid interns to Disney world? WTF!!!!

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Post ID: @vyz+1t0Kwj8T

Glad they enjoyed Disney World.

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Post ID: @vqx+1t0Kwj8T

So the WF CEO attending a speech given by a convicted felon is more important than showing up to his own Town Hall during Employee Appreciation week.

That is so on-brand.

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Post ID: @osx+1t0Kwj8T

I have given up on loudspeaker. All I ever get is "great idea, but..."

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Post ID: @teg+1t0Kwj8T

@pld+1t0Kwj8T: 💯 - two things I notice - lack of resources and time to really understand the broader impact of the suggestions. And if they DO understand, they don't want to do anything because it requires a big lift and CHANGE (issues of inefficiencies in tech, HR, processes for example).

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Post ID: @yxp+1t0Kwj8T

The sanctimony is a little thick.

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Post ID: @ojo+1t0Kwj8T

Regarding Loudspeakers? Of the many I've received, there is already an established path or process and the end user wasn't aware of them.

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Post ID: @cmr+1t0Kwj8T

Is this the SP show?
Loudspeaker is not working because those of us who receive them don’t have the resources to implement

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Post ID: @pld+1t0Kwj8T

Where are they getting these people with these “not smart” questions???

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Post ID: @uxt+1t0Kwj8T

Big banks in bed with the globalists

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Post ID: @hbn+1t0Kwj8T

SP makes me want to vomit.

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Post ID: @atc+1t0Kwj8T

Charlie doesn't bother with a mouse jiggler. He just no shows.

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Post ID: @hej+1t0Kwj8T

🤮

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Post ID: @fvy+1t0Kwj8T

Why CS is not at the town hall today per Wall Street Journal: "Trump is slated to speak to a group that includes the CEOs of the nation’s largest banks, including JPMorgan Chase’s Jamie Dimon, Bank of America’s Brian Moynihan, Citigroup’s Jane Fraser and Wells Fargo’s Charlie Scharf"

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Post ID: @ioi+1t0Kwj8T

Be honest: How many actually use their volunteer time to volunteer?

Up-vote if you use it to volunteer.

Down-vote if you use it to "volunteer" to take a half-day.

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Post ID: @goq+1t0Kwj8T

"Underpenetrated" markets ya'll — where they closed a bunch of branches and fired financial advisors? LOL so tone deaf.

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Post ID: @lli+1t0Kwj8T

The reason people don’t feel recognized is because an “exceeds” is now a “meets” and you’re giving good employees trash raises. Their managers not sending them an e-card is not the issue. You have to fix it with cash, not cookies and you know this.

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Post ID: @hyn+1t0Kwj8T

@qdi Haha, I think you meant swimming in it, like Scrooge McDuck. 😂

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Post ID: @mur+1t0Kwj8T

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