Thread regarding Wells Fargo & Co. layoffs

WSJ reports Wells Fargo CEO Charles Scharf Gets 20% Pay Raise His compensation was $24.5 million for 2021, when the stock price surged 59%

Charlie and all corporate elites and cronies are corrupt self-serving capitalists milking Wells Fargo for their benefits. They disregard lowly workers livelihood as they inflict cut jobs and pressures to breaking point.

by
| 1660 views | | 16 replies (last ) | Reply
Post ID: @OP+1fLoMqAo

16 replies (most recent on top)

Wells Fargo is full of biggest bullies and modern day slave masters. They dont lead but rather they order everyone "Do as I say not as I do! that sums up all Wells Fargo people.

by
| | Reply
Post ID: @2rxy+1fLoMqAo

Eat the rich

by
| | Reply
Post ID: @2wrx+1fLoMqAo

@1euo+1fLoMqAo Chuckie is that you again buddy? It's only good to work here if you're chuckie or one of his lil cohorts

by
| | Reply
Post ID: @1zzo+1fLoMqAo

He does a good job and makes working here better. No one can argue with the positive results.

by
| | Reply
Post ID: @1euo+1fLoMqAo

Flashing red conflict of interest, propping up his stock to profit. Isn’t that an offense that leads to termination?

by
| | Reply
Post ID: @1ngg+1fLoMqAo

@1abh+1fLoMqAo - That’s an easy question to answer. The lazy, incompetent a-s deserved a severe pay cut in 2019.

by
| | Reply
Post ID: @1rch+1fLoMqAo

Where were all the threads when his pay from 2019 was 34 mill and dropped to 20 mill in 2020? Looks like he’s still playing catchup

by
| | Reply
Post ID: @1abh+1fLoMqAo

Even if you received 20%, the dollar value would have been only 20-30K. Nothing compared to 20% of 20M. LOL

by
| | Reply
Post ID: @kcd+1fLoMqAo

So much for Pay for Performance.

by
| | Reply
Post ID: @fos+1fLoMqAo

Good work Charlie, keep it up!

by
| | Reply
Post ID: @uka+1fLoMqAo

@dvo+1fLoMqAo that would only be about $4,000 per person.

by
| | Reply
Post ID: @ffm+1fLoMqAo

Let’s not overlook the fact that he is taking $18b in cash and buying back stock which will enrich him more.

Imagine if he took just $1b of that buyback amount and gave it to us employees?

by
| | Reply
Post ID: @dvo+1fLoMqAo

Stock was down in 2020 due to the pandemic and subsequent panic selling. Chainsaw sat and watched as it recovered. He didn't do anything to cause that to happen.

by
| | Reply
Post ID: @fhr+1fLoMqAo

not surprised at all, corp America is totally corrupt and rotten to the core.

by
| | Reply
Post ID: @sec+1fLoMqAo

Smells like front running or a sick version of insider trading to me!

by
| | Reply
Post ID: @ckt+1fLoMqAo

So he gave himself an artificial pay raise by buyback stocks and cost cutting instead of innovating and growing the overall business. That tracks.🤦🏻‍♂️

by
| | Reply
Post ID: @drp+1fLoMqAo

Post a reply

: