Thread regarding Wells Fargo & Co. layoffs

Let them live in the horrific red tape BS world they created for a week… constant rule changes slowing productivity and threatening made up deadlines.

It’s the DEI nonsense… for the sake of appearance only… look we hired a female CIO ! Then quietly demoted the same failed leader… AI is years behind our competitors/2024 payments disaster/ Data center outage/etc.

@zm+1jq0a1mq1, I don't think Malibu Barbie has done all this.

They have done all this - and worked their way up. Just look at their LinkedIn profiles. Derek definitely has.

Since the frontlines will become India they should all go over there. Over there they should actually work -- not play. Yeah I know this is BS

Their plan is to eliminate the front line employees, not become one.

WTF would they do that? Just to please a bit of deadbeats on lousy forum no one cares about? Get a life.

This should be mandatory for employee appreciation week. Make them show their appreciation with actions not templated words sent in an eCard.

Saul has not been CIO since 2023, when Tracey took over… then last year Bridget assumed control. All 3 couldn’t handle any of the lower Software Engineering roles.

@an+1jq0a1mq1, they will never do that because they have too much pride.

It’s giving business execution consultant going the teller route

They don’t want to get close to the frontlines, the customers, without their business execution 'executives.' Why? Plausible deniability. When the sh*t hits the fan—and it will—they’ve got a fall guy ready to take the hit for Wells Fargo’s predictable fumble. Need an example? They hired scrum masters to ‘implement’ Agile, but instead of digging in and adapting the gig themselves, they tossed it to these sacrificial lambs. Agile flops—who’s out? The scrum masters, first to get axed in the blame-shifting circus. Execs just smirk and cash out.
This is Wells Fargo, straight out of Amy Edmondson’s book on psychological safety—or the total absence of it. The fake account scandal? Management leaned on the frontline to cook up accounts without consent, then played d-mb when it blew up. Landed them in regulatory he-l—asset cap’s still on, 7 years later. They want teams to gel, but it’s Hunger Games out there: trust’s a joke when they don’t trust you. How can you build anything real when it’s all a Survivor episode—bully, blame, and dodge?
Agile’s supposed to be about tight teams, not this cutthroat game. But with no safety, no fixed seat, no identity—just the constant buzz of layoffs or your job offshoring to Mumbai—it’s a setup. Frontline eats the mess, execs run the scoreboard. That’s psychological abuse, baked in from the top. Same cr-p that sank them before. Anyone still in this grinder? How’s it feel knowing the axe or the offshore boat’s always one play away?

There used to be a TV show called "undercover boss". The real CEOs go undercover to see how the front line employees and their immediate bosses are performing. The undercover CEOs also have to perform the front line job so that he/she can directly observe what his employees are doing. Most of the CEOs miserably failed to perform the basic work.

The similar analogy is the differnce between high school graduate soldiers who know how to fight in a front line vs. college graduate lieutenants who do not know how to fight in a front line.

They should want to work on the frontlines maybe once per quarter, or once per year.