Thread regarding Wells Fargo & Co. layoffs

If you don’t have at least 10 employees

You have no business being a director!

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Post ID: @OP+1p2zCQ20

14 replies (most recent on top)

Remote directors that don't have to RTO....do as I say, yada yada.

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Post ID: @3rze+1p2zCQ20

there are executives in risk who only have 3 or 4 directs... its a joke

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Post ID: @1cfn+1p2zCQ20

@sst+1p2zCQ20

There's two tiers of self-proclaimed VIPs, those that shuffle people around with weak justifications to ensure they always have at least 7 reports, and the true power players that don't have to.

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Post ID: @1ild+1p2zCQ20

Will they require the magic 7 number going forward?
What will happen if I have 3?

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Post ID: @zbf+1p2zCQ20

Director is a made up Corporate title it’s not a Job title.

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Post ID: @rom+1p2zCQ20

And we also have a boatload of Sr Managers who “acquire” employees so they can meet their magic 7 number and “manage” a hodgepodge team whose work doesn’t really connect. WF is a cluster.

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Post ID: @sst+1p2zCQ20

Two words: casting couch

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Post ID: @mkw+1p2zCQ20

People have to have the title to have the the money. Just that simple and forget HR policy.

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Post ID: @mev+1p2zCQ20

Spans and layers has not been applied equally, that is part of the problem. Most Directors have at least 7 employees but occasionally you see a few with less than 7. I have seen one or two with zero employees which is crazy

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Post ID: @znp+1p2zCQ20

Agree. Too many directors out and about. The Senior Managers who should not be one are all complaining about not being directors. Then the people with the director title claim to be all too encompassing busy and the ego pops up now and again.

After many years of work you realize nothing changes from company to company. The goal is to be able to work within the different personalities and not take it personal. There will always be people who have a title we all know does not deserve one.

If they have 7 DR's I suspect this is temporary before big move to center changes take place come 2024.

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Post ID: @ebu+1p2zCQ20

As a lead in risk management ensuring the firm's safety and soundness, I should be a director.

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Post ID: @sry+1p2zCQ20

jealous much

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Post ID: @ruf+1p2zCQ20

It used to be a title reserved for those that managed a department! Then risk leadership started handing them out to boot lickers like Halloween candy.

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Post ID: @xtk+1p2zCQ20

Hear hear! Yes.

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Post ID: @uzf+1p2zCQ20

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