Thread regarding Wells Fargo & Co. layoffs

@en TK partying in Spain while IT is burning.

The C-suite can't wait to get the next version of Robo-tellers.

@1n4+1kzf6d90

What you're failing to grasp is that 5% isn't producing anything. They never make a single sale, never close a single deal, never helped a single customer, never made a single trade. They are the unnecessary expense here, not the "masses" that actually does the work to earn the company all the money it makes. So sure, as a percentage of total compensation the executive class percentage may be low, but it's also the most expendable based on production. That's a problem. There's no good reason to pay these clowns millions at all. They get stock, if the company does well, so will they. No need to throw $30M bonuses at people for doing nothing of substance.

The “Firm” spent $35 billion on personnel over the past 12 months. Exec pay is less than 5% of that, you stupid fu--s. The savings is in the masses of bloat below the executive ranks.

Charlie needs $$ for his kid’s therapist

Copilot is definitely smarter than Charlie and our long-neck, American-hating CAO ikene.

You haven't figured it out yet? With all the highly paid execs still being hired from JPM etc while thousands of serfs are laid off? People like you have to be culled to pay the biggies. You ain't in the club.

@en Exactly. Only to add AI implementation has been a damn clown show and cloud migration is on what.... it's 5th or 6th version and these id--ts haven't figure it out.

The execs will self reward themselves for deploying AI. Just as they did with Agile transformation, cloud migration and workflow implementation. The next shiny object they go after.... with DEI hires BE and TK and a Dutch immigrant. The Wells Fargo tech cluster f continues. Lovely....

@dg You and I do not share your low level of thinking. Your disapproval is a compliment to me. Thank you!

“The Worker: Costs a modest salary, generates direct output, and uses AI to get 30% faster.”

AI enthusiast’s next-level critical thinking on display once again here wow

@da People capable of writing and thinking don't need to have a machine sh-t out a post for them.

And your first sentence doesn't logically follow. It's becoming clearer why people (for lack of a better term) like you need a chatbot to "assist your ideas".

@d5

The purpose of this entire post is to be openly and clearly critical of Charlie’s strategies, so there are no grudges “peeking out.”

There are employees who work at Wells Fargo who are capable of thinking, writing and questioning the status quo. Those are the employees Charlie is actively trying to eliminate. (You seem like you will be safe.)

It's so funny when you can see the nutcase's pet grudges peeking out from his prompts. "East coast centralization" 😂

@ce Don't ask someone to read and respond to something you couldn't be bothered to write yourself, and then get on your high horse when they return your disrespect.

You're making the common mistake of expecting logic to be applied anywhere within WF.

Who is NOT using AI to assist their ideas these days? Funny that the goon out here can’t of another critique.

AI;DR

Start a petition!

The funny part is that the execs have cut well over 100,000 people and yet we have more executives now than when they started. These are the same people that keep telling us about efficiency and doing more with less yet they are clearly incapable of doing it themselves.

@OP

Workers of the world Unite!

Comrade, You can do this! although you'd never last higher than grunt stsus, much less C-Suite ability.

stop trying to ruin my dividend.

@a1

AI doesn’t give 2 $hit$ about getting rid of our overpaid self-serving C-suite and Operating Committee.

@a1 Thx for your input Charlie!

Using AI for these garbage posts is pretty bad too.