Is anyone else hearing whispers of five days a week next year?
In Corp Risk and a few people have mentioned hearing that rumor over the past few days.
29 replies (most recent on top)
In the vast majority of positions here, efficiency isn't especially relevant or even sought after by executives. If Cindy and Bob have the same role, and Cindy completes all tasks in 3 hours and then gossips with her friends by the water cooler, while Bob takes 8, who are they more likely to fire? The efficient one.
In person work is the low accountability space. The most expensive scandals that have ever befallen this company were the direct result of in office work. As it turns out, telling people to break the law in writing isn't something nearly as many people are willing to do compared to good old fashioned deniable verbal conversations. In those situations, why not. How'd that work out for shareholder value btw?
There's may be certain roles where being in person does bring some value, but it's probably 10-20% of the administrative workforce at most. What are the rest of us doing there other then wasting money? The one size fits none approach is incredibly wasteful and makes no sense, unless the real motivation has nothing to do with productivity. If it's really all about motivating people to quit through the absurdity of it all, well, then it makes perfect sense.
HY is free to do this stupid cr-p. The problem for share holders is that no business can possibly be successful in the long term unless employees genuinely give an S. Not fake giving a cr-p. Not biding their time until the golden ticket comes in. Not gaming the metrics. Really caring, and that's what you'll never get with the current HY approach. They clearly agree with me on this too, they don't even bother articulating a real vision for the future. In their minds there's no point because there is no future for domestic workers outside of a very small slice of the company, which neither of us are in. You'll get it, in the end.
@gb full time remote would 100 percent resolve everything.
@kg So, you're just doubling down on stupid? WTH do you think?
@ka so, you disagree that employees, in general, are more productive or efficient in the office?
@d6 actually there's plenty of space in Chandler, CIC, Des Moines, San Francisco and Minneapolis. If someone tells you otherwise, it's all smoke. The new Dallas was full on day one but there's been enough attrition that space is opening up.
@j4 Perhaps the d-mbest thing posted on the Internet today.
High probability since more shareholder value is created in an office vs. home work environment. We may not like it but that is the scientific fact.
You clearly have no idea how much this company wastes on buildings or what goes into it. Leases, taxes, water, power, network, repair guys, landscaping, access control, repaving, new roofs, removing graffiti, insurance, project managers, countless vendors, guards, painting, fencing, replacing carpet, new furniture every time CPG sees a trend they want to chase, fixing the plumbing, accidents, as--ults, s-xual harassment, in person conversations that result in scandals, ergonomic assessments, recertification of fire extinguishers, upgrades to meet code, testing of a myraid of building systems, negotiating lease renewals, slip and fall claims, theft of company property, all manner of navigating local government regulatory nonsense, building management services, HVAC, and probably hundreds of other things i can't think of off the top of my head but for which a legion on contractors are ripping us off to provide.
Like I said before, I really hope you aren't doing anything important for the company. Do you get anything important out of being in a building? Are you getting a billion dollars of value out of it? Is the company? No. Anyone there ever been in a WF admin building knows that. Now, I know what you're thinking, some version of "why is everyone doing it then!?!?" First, not everyone is. Second, those that are don't want employees in the office. They want employees to quit. That's the objective here. You can't downsize 100,000 people and turn around and claim you want people in office. They obviously don't. They want us all gone. They want YOU gone. This charade is nothing more than a scheme to motivate people to leave voluntarily. That's it. There's no other grand purpose.
List them dummy! But taken into account those that work from home that have no accountability
@ec
Where doesn't it save money?
You can list a boatload of ways the company saves money by having employees remote.
@da
I was, for 20 years.
Great explanation champ! Keep on thinking working from home saves the company money. If it did everyone would be doing it. From an HR perspective every 1 good WFH employee comes with 3 pathetic ones. Probably your little btch ar-e included
I don't see it happening. The Charlotte Area offices are already a pain in the *** to go to on Tuesdays/Wednesdays. We would all be packed like sardines
You seem to have an obsession with flapping your jibs, making bold proclamations based on zero evidence. Hopefully you don't do anything important for the bank.
A major reason why our company isn't competitive on expenses is that we waste billions on buildings for no reason. People drive in, put on their head set, and havevmeetings with people in other states. It's a joke. If you're not in sales or otherwise meeting customers, you do not need a company provided office. Once you make that change, you have massive savings in all kinds of areas and greatly reduced needs for huge numbers of related contractors as well. Half of HR could probably go too. You could also pay people less and they'd be perfectly happy with it. Better retention, better employee satisfaction, better everything.
Or, we could continue to waste that money while eliminating the domestic workforce. Including you. I guess that works too. Stop licking the boots of those that hate you. If Shart was given the option of you dying or getting a severance, he'd vote for the former.
Love the bootlicker expression. Listen buddy, the work from home experiment is done. If you want a remote job go find one, but your pay will be cut
Ok champ! Let’s pretend you were fully remote, I’ll play. Tell me, where you fully remote in Mommy and Daddy’s basement?
There is a chance some groups in some limited markets could go back 5 days, but this cannot happen at scale in most core markets. The reason is that in cities like Charlotte, Des Moines, Dallas, Minneapolis, Phoenix/Chandler, San Francisco, and others entire buildings/towers have been exited and sold over the last 4 years.
End result- There is no capacity for every employee to be in the office 5 days a week. The entire space plan is predicated ona ratio of more than one person per cube.
Even the vaunted Hudson Yards renovation is already forecasted to hit seating capacity next year and work has been underway to move non-customer facing positions out of NYC to alleviate the overcrowding. Attempts to lease more space in NJ were shut down by the OC due to cost.
Unless you see WF signing a bunch of new leases for space, let go of the fantasy the company will make us go back to the office 5 days a week. Charlie and Co have chosen real estate cost saves as their priority.
How in the world did anyone survive working near a dimwitted bootlicker like you? Let me guess...there always seemed to be pervasive staffing issues that didn't clear up until after you left.
5 days a week and expectations of 8 to 4/9 to 5 with no flexibility is what I’m hearing
@bf Their obsession with where people live is borderline insanity.
Good thing I guess I didn't go to Charlotte, I was going too. But I was thrown off because they would let me use my dr note signed by four doctors for a life long chronic issue all because I don't live within 50 miles.
That is some complete bs.
DF just wants everyone to ride the BART like him! He works weekends - why don’t you?
Yeah, let's go back to pre-2020 when I was fully remote. Great idea champ.
I’ve heard Flowers is talking about assigning seats and wanting more collaboration.
I heard corporate risk is going to 6 days and 80 hours because that what DF puts in. If it's good enough for DF it's good enough for you.
@ah most people were working from home long before COVID
Yes. 5 days, It’s not a secret. Welcome to pre 2020, where people survived working 5 days a week in the office. Maybe some people will lose some weight
Did you hear about the Copilot brain implants in Q2?
It’s the next phase of Charlie’s plan. Writing is on the wall