Anyone listening to Charlie. Just stated coming to WF was cultish due to the term team member and being a team member is not inclusive and more of a sports reference. It was a horrible rant and very unprofessional.
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@7enj+1eTO3VLk He had NO problem broadcasting 12 when he walked in the door claiming he was there to clean them all up. Now suddenly mums the word because the needle hasn’t moved much. But, hey, his track record on that front is “Business need to know” now. Got it ;)
The number of regulatory issues is a need to know business. It’s even covered in your annual training. There is no way that anyone with that info would be broadcasting the answer. Pretty stupid she even asked that part of the question.
He’s been at the bank long enough now that he can’t get by with blaming the other guy for why the regulators still aren’t satisfied. He’s failing to perform his duties and the world is holding him accountable. He dodged the question about how many regulatory issues WF has now because he lost count. FAIL! As for the hissy fit he threw, his 1950’s playbook isn’t working and he can’t figure out why. I guess, as the D Team Cult Leader at JPM, he missed the memo that it was obsolete in the 1970’s. Let the Fintech’s and Crypto’s gobble him up and do us all a favor. He’s so out of touch.
I can’t believe he said our actions matter and that we have to be supportive of each other. What the heck! I’d rather just spew lip service and words that have no bearing!
Verbatim he said, “words don’t matter”. Wait, what? Sorry, but he is the worst most egocentric man ever. The fact he hired the head of our HR Bc they “knew the same people” is troublesome in and of itself.
CS sounded better than Biden. So he clears that bar.
@1xag, I so agree. He is an arrogant j@rk and he is a rac!st. And no matter how much continued damage control they do, we all know the truth. I wish he would go away. His forever smirk is sickening.
All he is concerned about is having his face botoxed and fillered to the limit. I have never seen a man that age have a baby's bottom for a face. I guess that might be saying something in a roundabout way.
I generally don't bother with Town Halls b/c they're generally bland and devoid of much useful information.
I can't believe he referred to the the company as a cultish. Totally tone deaf. What an a$$ho-e. That being said, it's no big deal if we start being called employees. But as others have pointed out it is somewhat dismantling the brand and identity of company (yeah, we've had major issues).
To the former Wachovia person complaining about it being cutsy, STFU. Wells bought your janky a$$ company and frankly I've run into quite a few jerks that came over from there (yes, I've run into some really sharp and decent people as well).
As a long term "employee" I was extremely offended by the CULT comment Charlie made on our town hall yesterday. If this is how he speaks to us publicly, what is he telling his close circle about us privately. It was extremely unprofessional and goes against the Professionalism policy we have. I intended to leave the town hall excited, and inspired for 2022....instead I left feeling deflated and wondering if this is truly the right company for me.
You're right, WF should have canned most of the Wachovia employees the day after the merger. After all, keeping them on was 'touchy feely', amiright? Good grief. Thousands of employees are glad you are an IC and aren't in charge of anything.
Boy is his manager gonna be pi---d
The stagecoach is gone, but the horsesh1t still needs to be shoveled.
Cult Vs. Culture... One of the things I liked about Wells when I joined many (many) years ago was the culture. It was a brand. Stagecoach always going the same direction, corporate colors of a specific shade, teammembers at stores all working for the enterprise, hot air balloons, Wells Fargo Museums in major cities. We had problems - big ones to be sure but it felt like we were working for a good organization with roots.
Chuck has eroded our culture, most of our management has been replaced, the museums are gone, and when was the last time you saw a stagecoach? Now we are just a place to work, interchangeable with any other financial institution.
Some of these DE&I leaders look like they're from the old music band called "CULTure Club".
"Cumma Cumma Cumma Cumma Cumma Cumelion. CumandGo, CumandGo, oh, oh oh".
I'm sure he just wanted to remind us all who signs our checks. What an arrogant rant that was.
We're employees until they need something from us to save their a$$. Then it's "Let's go team! "
Was he on something? There is something really wrong with him. I don't even know what to think.
Something is wrong with him. Worst morale in history yet he blames previous management. I’m convinced he will bring the company down with all of the seasoned employees with so much knowledge pushed out. Most unprofessional, negative ceo I’ve ever encountered.
Maybe the Operating Committee needs to see that town hall recording.
The only mistake Rubb_r Chucky made today was not allow his mother to review his meeting notes ahead of time. He was a bad boy today.
Yes, just like Chainsaw is dictating that life will be better for all of us when we’re back in the office.
This fu----g mo--n of a CEO is so two-faced he can’t even see it!
what are the odds it gets cut from the replay?
The cult reference was feeling like we were being forced to use “team members”. Cults dictate language and thoughts. He was saying to feel free to use either term, not forced.
Team members was the biggest joke when we were taken over by Wells Fargo. What kind of touchy feely BS is that? Probably the reason why they never fired anyone. Time to grow up, this isn't a family, it's a job and you get paid to do it.
Wells Fargo Bank before Norwest merger in late 1990s were actually employees not team members. We had 'Employee of the Month' and 'Division Employee of the Month' for example.
I remember when the new "Team Member Handbook" was announced and Di-k K. provided an explanation to convince us all it would be ok. No one liked it at first. We were already mad that Norwest bought Wells Fargo and this was just another point of frustration. We made fun of the label because Target was the only other company that publicly called employees Team Members.
CEOs do this - switch it up. However, I agree the cult comment was cringe.
If the previous regime had called us employees he would have an argument for calling us team members. It’s all about making the other guy wrong and him right. In the end it means nothing.
The ironic thing is that it’s been feeling like WF has become more of a cult since Charlie took over
Did a quick google:
Team members take initiative, seek out opportunities to contribute, and don’t wait to be given directives. Employees do the work that’s assigned to them. Period. If you have employees you might be lucky to get compliance, but with team members you have true commitment. Team members share their ideas, while employees share – well – complaints.
While his comments were a bit “unhinged” for a CEO, I honestly agree. Between the ponies and the “team member” language, it was a little childish and culty for a major corporation.
If he doesn’t work think we are a team why do we need to work together in an office. I preface that he has created the JP Chase Morgan cult?!
No worries. A minor med adjustment will fix things.
Agree wholeheartedly with you! WF wants to be so inclusive and it ends up doing the opposite. I prefer to be a team member than an employee and I do not like sports. Can’t believe this guy is the CEO… I think he was raised under a rock.
Not sure about you all but have we not heard of tone at the top? If our CEO doesn’t believe in working together as teams/teamwork, no wonder we have so many problems.
whole I don't care what we are called, just give me a pay check, I was a little offput by his cult comment. If he did think it through ahead of time I don't think it will go over as well as he may think. he's gonna have to start running his answers by our PR dept. at least they saved time for his question about the Superbowl.
WTF was that comment?!? Joining Wells Fargo was like joining a cult?? Fu----g he-l, this guy is messed up!
Wait, we are we now seriously whining about not being called "team members" anymore?
Charlie is right. It was lame. It's as cringe as when employers try to say we're "family." We're not a family. We're not team members. This is a business relationship.
This guy is starting to show his true colors. The future of WFC is in great hands with him leading it right?