Thread regarding Wells Fargo & Co. layoffs

Well said. That place and those horrendous middle managers gave me massive anxiety.

WF is by far the worst toxic company I’ve ever had the displeasure of working for. Anyone that has talent should listens to others when they say stay away from this toxic place or you’ll regret not listening as it will su-k the life out of you !! Would NEVER work there again !

@ab use 12/31 market value (not stock price) from 2019 to 2024 and see total increase less than 20%. Anyone could have led the increase from last year as eventually asset cap had to be lifted.

@ad don’t forget Polaroid and HSBC and Intel and AOL and Circuit City and Packard Bell

OP, I believe most of us left to wait for our phone to ring agree with your sentiments. Wishing you a well-deserved breather before moving to your next career path!
While collaborating with the walls of my unassigned cube kennel, I had the opportunity to help a coworker today and found myself laughing with her. Normally a welcome respite from the dungeonesque atmosphere, but given the recent 100s of displaced employees, I immediately felt both guilty and sick to my stomach. That "Business as Usual" drags on its bloodied path maker RTO even more horrifying.

Best of luck OP. They'll come for me eventually. They're coming for all of us.

I don't know about "just fine". Look no further than Boeing for a recent example of a company floundering from bad decision after bad decision.

WF will be just fine

WF is a shell just like much of American corporations these days. Hollowed out and gutted.

Just a facade now.

@ab Not the one you directed to. I laugh that you think WF is a global giant. They are irrelevant, not a global money center, and hz d no competitive advantage and a retail brand that is tarnished forever.

But to humor you, there are plenty of examples where bad leadership in all its forms destroyed value. Nokia. Sunbeam. Google. Volkswagen. Lehman. Yahoo. Kodak. Xerox. Ford. Credit Suisse.

WF is already cited for its spectacular leadership and cultural failures in 2016. But present management’s failure to read the room and culture destruction could make 2016 pale in comparison.

@a9+1jykydamn you and anyone else with this mindset are silly. Please, show the class ANY example of this in recent history? Backup your claim that a global giant will "crumble". We'll wait.

Still waiting.......

ProTip : Wells will keep on trucking. Doesn't matter. The only thing anyone can do is to do what is right for themselves, whatever "right" is.

The WF of the past is gone. Now it’s all about a short-term financial engineering. There is no company or culture left and in time reality will kick in. Meanwhile OP consider your severance a victory and believe in yourself, not that you don’t.

@OP 100% correct! WF will absolutely crumble. This sh-tshow is not sustainable. No way.

That’s not just a job. That’s a career. A chunk of their life. And it ends not with recognition—but with betrayal and a pink slip.

One year on in my retirement the toxins are still draining out. Such a sh-tshow for American workers.