Thread regarding Wells Fargo & Co. layoffs

CNBC article - not ONE mention of astronomical CEO compensation

https://www.cnbc.com/2023/10/19/big-banks-cut-thousands-of-jobs-more-layoffs-coming.html

Banks saying people aren't job hopping, so they aren't seeing natural attrition and need layoffs. What a load of BS -- everyone knows banking is incestuous, so they often job hop to EACH OTHER.

And NO mention of C-suite compensation cuts amidst all the talk of staff cuts as solution. Ridiculous.

If we don't rise up and do something about the haves and have nots, we will be powerless forever. Easier said than done, I realize. System is rigged.

by Anonymous
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Post ID: @OP+1pbpuDtA
Comment! It's anonymous!

4 replies (most recent on top)

Charlie needs a haircut.

https://betterbanks.org/wfwu

Wells Fargo Workers United
We are Wells Fargo employees forming a union to improve our working conditions; 
making a better Wells Fargo for workers & customers.

Proper Staffing
We need adequate staffing levels to reduce stress levels, enable humane workloads and set attainable performance metrics.

Better Pay
We want a fair raise for ALL employees commensurate with the 30% increase to the starting minimum wage.

Work Life Balance
We demand safe and flexible work arrangements along with time-off benefits that recognize all of our needs, duties and responsibilities.  

Respect
Respect our right to organize an independent voice at work free from fear of retaliation or harassment.

by Anonymous
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Post ID: @nsw+1pbpuDtA

And no mention of offshore hiring that coincides with stateside layoffs.

by Anon79
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Post ID: @hpq+1pbpuDtA

Well, his pay went from 23 MILLION to 20 MILLION …. While we fight for a .60 cent raise.

by Anonymous
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Post ID: @ugb+1pbpuDtA

I heard this on the news this morning---total Bullsh*t

by Anonymous
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Post ID: @xoz+1pbpuDtA

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