Thread regarding Wells Fargo & Co. layoffs

Are all Business execution consultation jobs being laid off ?

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Post ID: @OP+1js5gdg5w

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This “Business Execution Consultant” thread keeps getting uglier, and the new posts (@c4, @d7, @eh) dig deeper into WFC’s toxic mess. “Senior Lead Business Execution Consultant” is a vague, long-standing title—@am and @ar are right, it’s not transferable and traps your career. @c4 nails it: at Wells Fargo, you’re either an “individual contributor” (IC) or manager—you can’t be both. At first, the job description (recent posting) might seem like they want a fancy “software tester” (IC) for Customer Screening (Risk, Audit), likely tied to a consent order. But dig deeper, and it’s clear they want a manager to oversee offshored ICs (@eh), bullying them into testing for Global Sanctions compliance. Funny, the job description doesn’t mention test standards or platforms (@d7)—you’re just making it up and reporting progress. That’s not a job; it’s a pressure cooker—for you and the testers. The posting wants “3+ years of Agile Experience,” but there’s no real Agile work (no sprints, no retrospectives, @t2)—pure “wagile” to mask micromanagement. @ck says these roles are overpaid “spreadsheet” jobs, ripe for cuts, and @nb admits, “I’m completely useless.” So, are all Business Execution Consultant jobs being laid off, @OP? Not yet—@ah says no, and there’s a recent posting—but with WFC’s cost-cutting history and “more cuts coming” (X buzz), these roles feel like they’re just firefighting until the axe falls. The cloud thread (recent) shows tech chaos too—no strategy, layoffs, plus Angular UI messes like the 2022 banking app’s rating drop from 3.87 to 3.27. Leadership’s out of touch—pager-era execs think “data just floats” to the cloud, and Saul Brady’s team misjudged cloud costs. A dev (laid off 2021) shared how they migrated a .NET app to the cloud, hit Angular delays, “learned” wagile, then got blamed and cut—early signs of this mess. X buzz says Bridget Engle, WFC’s new CIO overseeing tech, is driving the “upcoming changes,” but skepticism runs high. So what makes a “good” Business Execution Consultant in Wells’ eyes? Or is there such a thing? Maybe there isn’t such a thing. After they put out the fire they get laid off. Curious what’s real.

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Post ID: @wp+1js5gdg5w

Mentioning agile, it's interesting to watch teams try to apply agile concepts to their work. They work in sprints, but that means nothing because work often rolls over. They try to fit square pegs in round holes. These teams are. Not agile. They just use Jíra and claim to be agile because of it.

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Post ID: @t2+1js5gdg5w

I’m completely useless but my spreadsheets are phenomenal

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Post ID: @nb+1js5gdg5w

Again, over generalizing. It's all case by case and the pay bans are so big, it's hard to make that statement. In fact, I'm "only" a lead and I bet I make more than a lot of senior leads. I also do a lot more than senior leads. It's still the same old story with who you know to her certain job titles. Now, Principles are a wonder. I guess you need to move oceans to get that job title, but each Principle I've talked to shouldn't deserve much more than a lead.

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Post ID: @js+1js5gdg5w

@d7 You might not be looking at this job correctly. @c4 has it correct -- you are either a individual contributor (IC) or management. Forget about all the other tags. You should look at each job posting on WF as that -- will you be management or IC? Now it sounds like they want a manager. They want someone to go in and get some IC (most likely offshored) to do the actual testing. Funny, the job post doesn't mention following or creating any Wells Fargo test standards.... It does talk about Global Sanctions initiatives across multiple product lines. So Bridget? or whoever is running EFT wants a manager to come in and manage (bully) testers (ICs) to make sure EFT complies with customer screening initiatives arising out of Global Sanctions. Isn't banking fun! So, for all of those fashioning their AI prompts, I hope you have fun getting and keeping this reactive job.

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Post ID: @eh+1js5gdg5w

@OP no they are not. Look at this job posting. https://www.wellsfargojobs.com/en/jobs/r-450273/senior-lead-business-execution-consultant/ I agree with all -- titles don't make much sense at Wells Fargo. If you look at this posting, "help navigate and coordinate cross-product testing primarily related to Customer Screening initiatives". So they want a "software tester" for the "know your customer" initiatives. So is BEC a fancy name for "software tester"? This is probably arising from an identified risk or consent order ("I will test the software"). If you look at this posting from a higher level it doesn't look promising. So you go in and you design and execute tests. Being wells there is no test platform or any infrastructure. You will probably have to re document the current rules and/or examine the risk manual. Probably no unit tests anywhere. So in 1/2 a year you put out the fire. Then what? How would you justify your $120,400.00 - $262,600.00 pay?

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Post ID: @d7+1js5gdg5w

Right now the p5 in this role at wells (and probably other levels) are way overcompensated compared to the market. Wells wastes a lot of money with these roles and could hire someone 100k less to make their presentations and spreadsheets.

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Post ID: @ck+1js5gdg5w

The multitude of pointlessly vague euphemisms for "individual contributor" that are used at WFC are a joke. You're a manager or an IC, that's really the only two actual titles here.

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Post ID: @c4+1js5gdg5w

This “Business Execution Consultant” thread really highlights WFC’s murky culture. I agree with @am and @ar—titles like “Senior Lead Business Execution Consultant” are vague and confusing. “Business”? “Execution”? It’s been an internal EFT role (Risk, Audit, Finance tech) for years, not a true consultant gig, and terms like “Lead” or “Senior” feel randomly tacked on. As @ar said, try explaining that to future employers—it’s a career trap. These murky titles seem designed to keep workers insecure, like you’re never sure where you stand. That feels like another layer of WFC’s toxic vibe. I noticed a recent EFT job posting for this role requires “3+ years of Agile Experience” but lists no specific Agile tasks—no sprints, no backlog work, just coordination and testing. Is that “wagile” fluff to mask micromanagement? With EFT’s “upcoming changes” to its agile model (another thread, posted recently), are these roles being reworked, pushed into more Jira-heavy chaos, or facing layoffs? EFT folks, do these titles tie to the agile changes, or are they just bloat? Time will tell. Curious for insights.

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Post ID: @bp+1js5gdg5w

@am+1js5gdg5w: yep titles here make no sense - no clear hierarchy. and not transferrable to another company.

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Post ID: @ar+1js5gdg5w

Has anyone ever noticed that most of the job descriptions of this bank don't appear in any other bank?

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Post ID: @am+1js5gdg5w

They are all under the microscope to justify their positions or eliminate them. The free ride is over.

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Post ID: @ah+1js5gdg5w

No but maybe they should considering half of them are useless

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Post ID: @a1+1js5gdg5w

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