Thread regarding Wells Fargo & Co. layoffs

Jon Weiss Head of CIB to spend more time with his family

One of the last OG’s of Wells will be playing golf soon.

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Post ID: @OP+1jjwmdszm

15 replies (most recent on top)

@e0+1jjwmdszm

I mean, isn't that why we all work? It's not like we're feeding the homeless.

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Post ID: @eq+1jjwmdszm

ok?

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Post ID: @e2+1jjwmdszm

Good for him, for someone at that level found him to be fairly relatable and caring. If he’s not, he puts on a really good show of it. It was fairly transparent even before the co-ceo came in that he would be leaving due to age, tenure, and the strong desire to grow CIB.

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Post ID: @e1+1jjwmdszm

@d9 agreed. Making as much money as possible is a sport for these guys even if they want to call it a career.

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Post ID: @e0+1jjwmdszm

@ct+1jjwmdszm

He had a co-CEO for a few months, very clear that was succession planning at work. Weiss is in his 60s and is worth $100m+. Maybe it’s time for him to actually retire and not some larger conspiracy. We don’t need our OC to look like the senate.

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Post ID: @da+1jjwmdszm

Tbh your life’s work working at a bank is meaningless lol. I wonder if these guys actually convince themselves to care about what they do

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Post ID: @d9+1jjwmdszm

"All of you are mo--ns, as a Board member, he has to retire at a certain age. Do some basic research."

I wish some people who are/were running our goverment would retire.

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Post ID: @d6+1jjwmdszm

No one that's been here longer than Shart is trusted, which is why he had to have a co-CEO monitoring his every move. Enjoy the retirement life, ivory Tower guy. Hopefully Shart and Sh!+ Powell is right behind him.

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Post ID: @ct+1jjwmdszm

Oh, wow. I used to work there and knew him. Good for him. I remember during covid looking at his fancy NYC apartment during townhall meetings. All the best to him.

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Post ID: @cd+1jjwmdszm

@a1 Everyone at that level is already semi-retired. They don't work like you and I do.

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Post ID: @b6+1jjwmdszm

All of you are mo--ns, as a Board member, he has to retire at a certain age. Do some basic research.

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Post ID: @am+1jjwmdszm

He has been basically fired. O well, he made tens of millions of dollars in salary. He can retire comfortably.

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Post ID: @ab+1jjwmdszm

I find it so odd that they had co-CEOs in this LOB for so long

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Post ID: @a7+1jjwmdszm

Don’t sweat it. Risk is under control!

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Post ID: @a6+1jjwmdszm

The note said “45 year career” which makes him 67ish. I sure hope to be retired from the rat race and doing rewarding, meaningful things at that age.

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Post ID: @a1+1jjwmdszm

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