Too big to fail?? I say, too big to succeed.

I posted this in another thread - what are your thoughts?

I used to think Michael DeVito was a good guy, I don't believe it anymore. I honestly don't trust anyone above middle-management, they've all sold their souls to keep their cushy salaries and benefits. Our site lead is a complete joke, he would throw anyone under the bus to move up or keep his job.

I've said this for awhile now, but WF is no different than the gov't - bloated bureaucracy with leadership trying to remain in power at all cost (lie, cheat, and steal) - the lower level Team Members, and the customers, are the ones who suffer.

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just checking in, yep...still failing. got off easy on the settlement too.

could WF be hit with a RICO charge at some point?

the WFC stock is certainly telling the tale as of late.

what a joke this company has become.

fired 36 DM's - ha...drop in the bucket, and they are only mid-level robot slave drivers trying to keep their jobs like the rest of us. they weren't policy makers.

WF leadership takes zero accountability - just like the story that hit yesterday about a computer "glitch" that cost 500 people their homes...wtf

The problem is these aren't merit based layoffs, or so they say. Supposedly "random" based on HR designations. You wonder why large companies struggle, it's because they don't retain their top talent, and instead are left with lazy incompetent employees who just toe the line and do what leadership tells them to do, without a second thought. If layoffs were based purely on performance, cut the "fat" so to speak, it would motivate people to do better.

who is going to jail?

No bank is too big to fail and no CEO is too powerful to jail.

Culture of caring?

a fish rots from the head down - it's the leadership culture.

Too big to manage. The right hand doesn’t know what the left is doing, and nobody is watching either one. So both are getting away with whatever they can

You are correct on all points Sir !

Thread regarding Wells Fargo & Co. layoffs

Too big to fail?? I say, too big to succeed.

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