Thread regarding Wells Fargo & Co. layoffs

Progressive or Regressive?

We're all inundated with how virtuous being 'progressive' is. It's all over the media, and we hear about Wells Fargo's progressive efforts all the time.

But how does RTO square with progressiveness?

The R in RTO is 'return'. As in, go back to how we used to do things. If we did something one way decades ago, then it must be the best way to do something today. Right?

Why was every office worker physically in the office during in the 1980s and prior decades? Simple. There was no high speed internet. Technological limitations mandated that everyone co-locate in a common building.

But that's not the world we live in anymore. People don't turn a crank on the front of their car to start it. People don't use payphones anymore. Video rental stores no longer exist. The list goes on. Technological advancements change how we live and work. You know, 'progress'.

So again, how does RTO square with progress and progressiveness? How does assuming that a decades-old way of doing things is the best way to do something today?

I say 'assume' because the rationale we've been given says things like 'we feel...', 'we believe...'. The company heads are now making policy based on emotion??

Should we also go back in time for other office practices, like blatant sexism and racism? Slapping secretaries on their rears, 'joking' with a minority that the silverware has been counted, etc.?

If not, why not? How are we picking and choosing which decades-old ways of doing things equate to 'progress'?

I guess the stagecoach really is an appropriate mascot. It's a large spectacle that reminds everyone how stuck in the past the companies current leaders are.

(Some may want to point to in-office expectations prior to COVID as 'proof' that it's not outdated. Being in-office prior to COVID was also outdated though. Things were gradually getting to be more and more WFH - not just at Wells but elsewhere too. COVID showed the world that long-term WFH was easily sustainable.)

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Post ID: @OP+1g05Odhd

12 replies (most recent on top)

Words like "progressive" send up a red flag for me. Big Brother. Doublspeak. Newspeak.

Is George Orwell still required reading in schools these days...?

Life Pro Tip: when some authority figure gets in front of everyone and says "there's nothing to worry about" - you can bet that one thing is true: that there IS something to worry about.

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Post ID: @1lok+1g05Odhd

OP, you are spot on with just about everything you wrote. The phenomenally successful two-year WFH experiment made clear just how weak the remaining reasons for working in offices are. Unless a company’s workforce is in a single location, there are only three flimsy reasons to insist on RTO: (1) We’ve always done it that way! (2) Propping up corporate real estate (3) Driving employee dissatisfaction in order to increase voluntary attrition.

But I gotta disagree with you on your characterization of Wells Fargo as progressive. In my view, they’re anything but and always have been (anything but progressive).

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Post ID: @1pdw+1g05Odhd

@dmo+1g05Odhd

Charlie has the Stagecoach in his high end Manhattan luxury home. Probably will put it on eBay.

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Post ID: @1lqs+1g05Odhd

Tldr

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Post ID: @dfv+1g05Odhd

Speaking for the "dead weight" that many on this board call those with some longevity, work used to be a very social environment. We had bowling and golf leagues, celebrated family milestones together, went out for lunch, had holiday parties, went to the gym together etc. All of these were chances to mingle and, as you young'uns call it, promote your brand. I once went to a big bowling tournament and the president of the bank was my doubles partner. He cashed for the first time ever. Helped my career but more importantly gave you a sense of belonging to something. We also got opportunities to be on site wide or bank wide committees to further expose ourselves to other key individuals in the bank. It was community and opportunity that made it great.

All of that changed to great degree some time ago. My last management position I had staff in 8 different states and many worked from home. People are spread all over the country. If your whole team is all over the place already then RTO makes little sense. None of what I mentioned above is going to happen anyway. I am a fan of the office work environment for nostalgic reasons. If the current focus is on just getting the work done then WFH makes sense, If you have a career in mind you might be limiting that by WFH.

So I will close with, you are all correct. Our senior leaders are stuck in a vision of the past that is not important to many workers anymore and stuck with big expensive buildings that must be filled to make sense. Politicians are all over them to get back into the offices and support all of the businesses that grew up around the offices. If Charlie would craft a long term vision of reducing footprint and moving to more WFH I would bet all of this chatter would go away. Unfortunately Charlie's vision does not go past his next bonus.

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Post ID: @ynt+1g05Odhd

Well I’m back into the office and in the cafeteria saw a sign how ‘progressive’ Wells has been with the environment by reducing waste, updating buildings, etc.
That whole philosophy should be thrown into the garbage now that they alone are responsible for adding more greenhouse gasses by making their employees commute.

Someone should ask that of Charlie during a call - how do they reconcile their environmental efforts with the fact that thousands more people are driving to their offices every day?

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Post ID: @wyt+1g05Odhd

Well, I have not returned to the same place. As a white male I am now a minority.

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Post ID: @gcy+1g05Odhd

WF virtual signals to all groups and classes in the external world, but doesn't do S for it's actual employees.

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Post ID: @oyh+1g05Odhd

To date, I haven’t heard one convincing reason for RTO, not from any company

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Post ID: @huu+1g05Odhd

@dmo+1g05Odhd
Yep its being phased out to make the bank look more sleek and modern. Just don't look behind all of these curtains though!

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Post ID: @krg+1g05Odhd

@dmo

Not in my building. There's a huge colorful one in the lobby.

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Post ID: @wmp+1g05Odhd

Stage coach is gone btw

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Post ID: @dmo+1g05Odhd

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