Is it true that we'll not be allowed to work from home any more?
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If the new CTO of Wells Fargo intends to personally review telecommuting requests, then this is the least of the problems of folks who work in EIT because that is an extraordinary degree of micromanagement. It means that he thinks managers cannot be trusted, and instead of encouraging a high performance team that can be trusted to do their job, and removing actual non-performers, he is choosing micromanagement. Probably not an awesome sign of the future and more likely to chase off high performers with other options than bottom tier folks.
Sahl told me wfh would be limited to 3/5 days unless you have an exception for medical or a situation with a child for example, but that would be reviewed at his level. Employees would have to work in the office and badge in/out Reports (just daily...aka did you come in at all) aero being sent up the chain.
What are the hub locations?
Word on the street it’s back to DC and Hub locations by 2022. Gives them a few years to move people around and hope that more quit. Again just rumor mill
Cut telecommuting = cheap way to attrite people.
Geezus people wake up. It’s the pendulum swinging in one direction, which will make sense for some areas but not others. Consolidating workers into hubs makes sense for some teams, but for others it will not be practical.
For anyone that’s been around for a while, you’ve seen the emphasis on remote vs in office go back and forth. Why would this be any different?
Senior leaders need to send the right signal to shareholders (only people that really matter) that streamlining is taking place, and for some groups this will make sense. If you have 10 people on a team and most are near hubs but work remotely for convenience, yeah, that’s gonna change. Things like RPA for back office functions and branch closings will make up the majority of “organic” staff reduction anyways, that’s clearly the big picture. Figure 15 employees per branch, multiplied by the 800 branches planned to be closed by 2020, that’s 12,000. Or almost half of the 10% of the total workforce on the potential chopping block.
Think about your individual job, how it adds value to the org (or doesn’t), particularly as it relates to MRAs and things related, and form your own opinion about what may happen.
Best wishes to all my fellow TMs, but as we all learn more in the coming weeks and months, please don’t let random Internet posts be the
Could someone please enlighten the poster who thinks TECHNOLOGY Town Halls have no news that impacts the overall enterprise?
Saul is overseeing EVERYTHING related to tech, including remote access.
Wake up!!!
The title of the meeting is "Wells Fargo TECHNOLOGY Town Hall..."
Reduce risk my a**... has nothing whatsoever to do with risk reduction. Large portion of our EIS workforce is telecommute, including many of our senior info sec leaders.
Yeah, real risk with having them telecommute.
WTF is it with some banks and this aversion to telecommuting.
Is Saul’s meeting company wide?
We're told this same thing, there's a meeting on the 17th with Saul where we believe he'll announce his plans.
Until then, anything on this site is probably speculation, so be wary.
My team got word today and were told new IT guy wants to do so across the enterprise to reduce risk.
If you haven't been told yet, we were told it's only a matter of time.
No