Thread regarding Wells Fargo & Co. layoffs

Everyone is Replaceable? True or False?

We had an exec make this point, right... So, what do we think?

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Post ID: @OP+1hP59T7q

23 replies (most recent on top)

Absolutely.

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Post ID: @4kfg+1hP59T7q

@1dvw+1hP59T7q

MBA schools don’t teach anything like offshoring is good, be a traitor to your country, stab fellow employees in the back, and change jobs every two or three years before your actions catch up to you.

You likely have a useless BA in Sociology or Feelings.

People who take advantage of other people will always do that though. Being unethical is a personality trait, not a B School curriculum.

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Post ID: @2dyg+1hP59T7q

This might be true for those who are overly-literal, and who only see the world in absolutes. Dichotomous thinking is a symptom of many personality disorders, so hopefully any executive/employee with such a limited capacity to see the world as more nuanced and complex than this is on the short list.

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Post ID: @2bmc+1hP59T7q

An old saying in business. To determine if you are replaceable or not, answer the following question. "If you never come back, will the company close their doors for good"? If the answer is yes, that they will close for good, then you are not replaceable.

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Post ID: @2fcj+1hP59T7q

This is all of IT.

"But I see a number of skeleton-crew situations right now where if a single person leaves, a whole process will break. If you're going to treat the staff as consumables you better have plenty on hand for when the current batch runs out." @1ahr+1hP59T7q

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Post ID: @1jwv+1hP59T7q

Any given individual in isolation, sure.

But I see a number of skeleton-crew situations right now where if a single person leaves, a whole process will break. If you're going to treat the staff as consumables you better have plenty on hand for when the current batch runs out.

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Post ID: @1ahr+1hP59T7q

That’s the problem with Corporate America. They think that about their employees and don’t care if it’s not true because they’ll be gone by then.

MBA school teaches that offshoring is good, be a traitor to your country, stab fellow employees in the back, and change jobs every two or three years before your actions catch up to you.

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Post ID: @1dvw+1hP59T7q

Same person also said Java Engineers are not special

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Post ID: @1zcu+1hP59T7q

True. Absolutely true

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Post ID: @1yvi+1hP59T7q

This attitude is exactly where Charlie & Co have done the most damage at Wells Fargo. Leaders can’t stack-rank, threaten, cost-cut, over-work and offshore this bank into becoming a successful organization. Culture is such a critical piece to building a thriving team.

My experience with most employees is:
Treat them with respect and appreciation, like they make a difference- they will go to the ends of the earth for you.
Treat them like they are a number, like they are easily replaceable - you’ll be lucky to get 10% of their potential from them.

Compare the exponential potential of 250,000 inspired and valued employees working together as a team; vs the reduced effort of 250,000 under appreciated people trying to survive a toxic every-man-for-himself culture.

This company is in trouble.

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Post ID: @1ahb+1hP59T7q

True.

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Post ID: @1bvh+1hP59T7q

Everyone is replaceable because the message is being delivered loud and clear: Employees exist to pad the resume of their chain of command to job-hop to the next pay raise. If you can't help them accomplish that, why are you here?

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Post ID: @1wya+1hP59T7q

No, H1 visa jobs are usually are pretty secure, because if he/she leaves, they have to find another H1 worker from the same country to fill it.

So a group of workers from China usually will find a replacement from China. And so on...

After H1 workers, I don't know if there are more secure jobs other than C-suite.

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Post ID: @1thj+1hP59T7q

@1zer+1hP59T7q

This company has sucked since he left

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Post ID: @1jfq+1hP59T7q

Of course everyone is replaceable. Just ask John Stumpf.

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Post ID: @1zer+1hP59T7q

In an abstract sense, sure, but that doesn't mean the replacement won't be absolutely horrible at their job and not do it nearly as well as "the guy that's replaceable".

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Post ID: @1jll+1hP59T7q

Yes, all are cogs in a wheel. Those with no experience or talent, stresses the other parts of the wheel. Most management treats their employees that way.

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Post ID: @1pkm+1hP59T7q

We should, at the very least, aim for replacing with better.

Much of our Board has been replaced. And yet we still have a group of sluggish do- nothings who have systemically failed to ask appropriate questions, properly assess our CEO’s performance, ensure adequate operating and risk controls, and have yet to re-establish trust in the bank.

And then there’s our CEO…

At Wells Fargo, it appears we pay up for less talent when we start replacing people. And they are taking us nowhere fast.

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Post ID: @1nhg+1hP59T7q

All replaceable but who wants to come here?

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Post ID: @1bgo+1hP59T7q

It takes forever to train a resource. I have 8 direct reports, I would not want to replace a single one.

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Post ID: @1smo+1hP59T7q

Look at Apple without Steve Jobs. Not quite the same but companies will move on regardless.

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Post ID: @1edo+1hP59T7q

yes they are but they arent the same...

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Post ID: @1oep+1hP59T7q

Truth, some just take more effort to replace.

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Post ID: @1olk+1hP59T7q

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