Thread regarding Wells Fargo & Co. layoffs

The RTO model is flawed, here’s why…

The CEO says he likes RTO as teams are more “collaborative” that way when employees are face-to-face. Well, there are two fallacies with this logic: 1. Now that the non-core sites are going away, teams are spread across multiple sites more than ever before. Employees are less likely now more than at any other time in the companies history to have the opportunity to “collaborate.” 2. How does the CEO expect us to be more collaborative and unified when we are all losing our cubicles and going to open seating. I feel more like just a number than an actual employee as I don’t even have a place to store my things. Working daily out of a backpack makes me feel more like a nomad than a valued employee. Last thing I want to do is be collaborative when I now have to spend time daily sanitizing my workstation and getting everything setup to try and have some sense of normalcy. The elephant in the room is that the top brass are going to squeeze as much productivity out of employess as they know the economy is getting bad and everyone is more easily expendable than at any time in the last decade or two.

by
| 3681 views | | 38 replies (last ) | Reply
Post ID: @OP+1jn88mzg2

38 replies (most recent on top)

@mn+1jn88mzg2

Without complaint huh? Keep cheering for 8 is great, LS, RTO, and every other stupid plan that comes along I guess. That's your grand strategy? Got news for ya, yes men are a complete waste of money. No reason to employ them, at all.

by
| | Reply
Post ID: @q1+1jn88mzg2

In response to the azzes that tell us remote folks to just RTO… I guess they are too narrow minded and ignorant to see that a great deal of us were forced to WFH when they closed / downsized our regional offices. For many of us there is no freaking office.

by
| | Reply
Post ID: @p8+1jn88mzg2

I was hired by WF about 10 years ago as a full-time WFH, but then they changed everything. Now they want me to relocate to an office in Texas so that I can collaborate with my colleagues more effectively...even though they are all on the Eastern seaboard! Please make it make sense!

by
| | Reply
Post ID: @nm+1jn88mzg2

I am the best around nonodys gonna ever keep me down!!

by
| | Reply
Post ID: @ne+1jn88mzg2

"There are plenty of people just as good or better than you who would love to have your job, and would happily show up for it."

Actually, no, there aren't. This hollow threat doesn't work anymore, boomer.

by
| | Reply
Post ID: @mp+1jn88mzg2

How to tell if an employee is serious about their job: they come to work without complaint.
Companies requiring RTO are clearing out the lazy leeches and making room to bring in people who are actually enthusiastic about being there.
Don’t like RTO? There are plenty of people just as good or better than you who would love to have your job, and would happily show up for it.

by
| | Reply
Post ID: @mn+1jn88mzg2

I am excited to rto. I got some new Lee jeans!!

by
| | Reply
Post ID: @mb+1jn88mzg2

@hc+1jn88mzg2

Like it matters, Hudson yards is winding down US operations just as fast as they possibly can. There won't be anyone to come in. Not domestically anyway. That's their dream. What you're being told by the execs right now is a pack of lies designed to not disturb business too much while they implement their plan. They don't want the wheels to fall off, the want the frog to stay in the near-boiling water until it's too late. That's their vision for you, unemployment, preferably voluntary, but if not...oh well.

by
| | Reply
Post ID: @m4+1jn88mzg2

Look at this pro-Russia troll trying to extol the virtues of wasting WF profits on useless real estate footprints.

by
| | Reply
Post ID: @hj+1jn88mzg2

@by+1jn88mzg2

I 100% expect us to be back in 5-days per week, minimum of 8 hours per day soon enough. May not happen at Wells in 2025 but the writing is on the wall. I’d be shocked if most of us are still hybrid by the end of 2026.

by
| | Reply
Post ID: @hc+1jn88mzg2

@gy+1jn88mzg2

WF owes shareholders the most efficient business model possible. RTO is the exact opposite of efficiency. I don't expect them to do anything for me, I expect them to do what's best for the company and they are clearly failing in that regard. We should cut out non-retail / sales-related sq footage by at least 80%. Savings would be astronomical.

by
| | Reply
Post ID: @h5+1jn88mzg2

I live in AZ and used to start my day at 6 am so I could make a few more hours of my time available meet with folks in India and on east coast. But with RTO, and given a 45 minute commute to chandler, its not really realistic to get to the office before 8 am. So instead I go 8-5 now. But the hours at the end of the day are completely useless, everyone is offline, and I usually end up dipping out by 4. RTO has made me less productive in concrete, measurable and highly impactful ways.

by
| | Reply
Post ID: @h2+1jn88mzg2

To WF’s credit the severance is fair I’ll give them that

by
| | Reply
Post ID: @gz+1jn88mzg2

Who ever said WFH was an entitlement because you have been emote for 20 years. So what. No guarantees in life especially with companies. If you have an actual employment contract well maybe you can sue. However, consider it a divorce from home. Right now you are just seperated because you only see each other 3 days a week.

You owe WF nothing and WF owes you nothing. I am okay because WF has a decent severance so most of the remote folks should be happy about that to because they will be needing it.

by
| | Reply
Post ID: @gy+1jn88mzg2

There’s more complaining about how awful WF is than collaborating about actual work. Stressful atmosphere.

by
| | Reply
Post ID: @gx+1jn88mzg2

RTO is a complete sham. It’s NOT about collaboration whatsoever it’s all about keeping the commercial real estate market afloat. The comments about being a digital nomad and having to sanitize and never even seeing coworkers is spot on. Even meetings are all in-office remote as we’re all in Teams meetings sitting elbow to elbow and not in a conference room. I feel totally remote even AT the office so f that I’d rather save my gas, time and sanity and just wfh. 15yrs here and I’m actively looking to move on.

by
| | Reply
Post ID: @gb+1jn88mzg2

The biggest elephant in the room:

INDIA - gone by 11am est.

Different location…. List goes on… duh

by
| | Reply
Post ID: @fy+1jn88mzg2

Chesus cant we all just get along?

by
| | Reply
Post ID: @fv+1jn88mzg2

It would be exceptionally difficult for our team to RTO because the company has let the lease goe our entire work site go. No more office. Now what?

by
| | Reply
Post ID: @fs+1jn88mzg2

If people want a job where they don’t have to go to work, this isn’t it. Neither is Chase. Neither is Amazon. WFH is over. People got used to it, but if it was good for the bottom line it would be left in place. It isn’t. For every one person getting more work done at home, there are three doing laundry and picking up the kids. It shows.

by
| | Reply
Post ID: @ej+1jn88mzg2

@c0+1jn88mzg2

someone with your qualifications would have no trouble finding a top-flight job in either the food service or housekeeping industries.

by
| | Reply
Post ID: @e4+1jn88mzg2

When i go the office i used 3 sugars hehehe so ill stick it to the man 1 packet at a time. You should do it tio!!

by
| | Reply
Post ID: @d5+1jn88mzg2

OMG, enough of this bit***ing about having to TRO. I was remote for 15 years and told to return to the office. So fking what?? The people who constantly complain will never be happy no matter what. Just ignore them.

by
| | Reply
Post ID: @c6+1jn88mzg2

I see managers come and hide in the conference rooms, sometimes even on different floors than their employees. Not even speak to their employees during the day. What’s the point of RTO? They must be miserable and have no interest in managing but can’t say no to the lucrative bonuses. Why isn’t there any accountability?

by
| | Reply
Post ID: @c5+1jn88mzg2

Some of us were remote before covid. When covid ended, we were told not to worry, if the employee was remote beforehand, they stay remote.vthen RTO started. In our area, we work with groups that are located all over, not within our teams, so RTO makes no sense.

by
| | Reply
Post ID: @c3+1jn88mzg2

"RTO really isn’t flawed. People have been going into an office and it was covid that really created the Entitlement to WFH."

Speak for yourself. I was remote for decades before they forced me back in.
I am now that nomad, working out of my bag, in a stall, with people who do not even talk to me. Productivity there is sh-t because of all the conversations and meetings constantly happening. There is zero privacy to scratch my ba--s let alone have a quiet place to work.

by
| | Reply
Post ID: @c0+1jn88mzg2

It could be worse, they could require us in the office 5 days so why don't you appreciate the hybrid schedule while it lasts. You are in control of your future, if you don't like the RTO then find a better fit somewhere else. This conversation is so overplayed.

by
| | Reply
Post ID: @by+1jn88mzg2

@b2 for humanity's sake, please get rid of your religion.

by
| | Reply
Post ID: @bv+1jn88mzg2

RTO really isn’t flawed. People have been going into an office and it was covid that really created the Entitlement to WFH. The excuses i hear from Medical or Location is bizarre. Medical is questionable. Folks can do everything but TRY to come in an office one day a week and see how much of a hardship it is. Nope. Whine. These folks can easily get another job but they think they can. WFH is an entitlement to many. I returned voluntarily. 3 days a week for as many hours as you want. I disagree with how WF HR is going about it and the slow speed. Rip the bandaid off and get it over with so everyone can move on and in the process save some jobs for folks that are complying. This RTO migration going state by state group by group is insane.

by
| | Reply
Post ID: @bk+1jn88mzg2

As painful as it is, I agree to feeling like a nomad. I wouldn’t mind going into the office if I actually saw people I work with and had a place where I could keep my stuff setup and be comfortable instead of never seeing anyone I know in the office and not speaking to anyone all day unless its by my phone

by
| | Reply
Post ID: @bh+1jn88mzg2

I have enjoyed my chats with colleagues in the pantry so far. Its good to be back

by
| | Reply
Post ID: @b7+1jn88mzg2

Your premise is what's flawed. Des Moines moved to a single campus, downtown Charlotte reduced 2 buildings, Dallas is consolidating to a single campus, Minneapolis went to fewer buildings, etc. Teams are working together in fewer sites in the core markets and that work isn't even done yet and the non core cities will be gone soon. You may not like it, but you can't say that groups aren't being brought together.

by
| | Reply
Post ID: @b3+1jn88mzg2

For god sakes just please get another job

by
| | Reply
Post ID: @b2+1jn88mzg2

Your #1 is flawed

  1. Now that the non-core sites are going away, teams are consolidated in fewer sites than before. Employees are now more likely to have the opportunity to “collaborate.”
by
| | Reply
Post ID: @b1+1jn88mzg2

Anyone that was going to leave over RTO is long gone. It's not helping us with headcount anymore, it's just tormenting people for no reason at this point. There's no other benefit, for anyone.

by
| | Reply
Post ID: @b0+1jn88mzg2

We can’t grow so we have to cut - RTO is the easiest way to cut without paying severance.

by
| | Reply
Post ID: @ax+1jn88mzg2

Old news. Move on or move out

by
| | Reply
Post ID: @at+1jn88mzg2

We already know that.

by
| | Reply
Post ID: @a3+1jn88mzg2

Post a reply

: