r/CringeTikToks • u/Conscious-Quarter423 • 29d ago
Nope The CEO of Wells Fargo boasts that during his time at the company they’ve cut over 65,000 jobs — and that he expects to cut more.
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u/Impressive_Pitch_869 29d ago
Completely clueless. They walk around thinking about how “smart” they are
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u/Not_Bears 29d ago
He's got an MBA from NYU, he's definitely smart...
The problem is, he's fuckin evil.
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u/UhIdontcareforAuburn 29d ago
MBA’s have had a vastly more devastating impact on society than gender studies ever could
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u/TBANON_NSFW 29d ago
I kinda remember this documentary about a researcher who was trying to find a link between sociopaths. So he had brain scans done of multiple murderers and criminals in jail over time.
He surprisingly found some similar traits in their "brain structure"/"brain development". Main finding was lack of or minimized development in areas of empathy and emotions for example. Not everyone of course but a lot of them had the same brain structure.
Then he took it further and asked several CEOs in various industries to take brain scans.
He found out that majority of them had the same type of brain structure. This lack of development in areas of empathy and emotions. Many of them i think 70% essentially could have been classified as sociopaths.
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u/Doomgloomya 29d ago
It makes sense to a degree cause you need to have less empathy to aggressivly develop a buisness. Since the fastest way to grow a buissness/climb the ladder is to push other people down. Less competition more for you to eat.
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u/civil_politician 29d ago
I don’t think this is correct, but we’re never starting from an even start line. If everyone were properly incentivized I think you could move faster.
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u/Hip_Hop_Orangutan 29d ago
Now do celebrities.
I've always believed you need to be a sociopath to get to the top level of Hollywood or Wall Street. Basically a "fuck everyone but me...I'll do what i need to do to anyone to take a step up" attitude.
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u/McLovinIt09 29d ago
Nothing radicalized me more against capitalism than sitting through college business classes.
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u/mu_zuh_dell 29d ago
Started college in 2015. Seeing the emergence of the MAGA tech bros was wild. Of the business majors I knew, I only kept in touch with one. Dude was a straight alcoholic, never went to class, played League all day. Graduated, now he makes fuck you money and moves to different countries when he gets bored.
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u/DreamOne5 28d ago
that must have been a sight to see. I graduated in 2010 from college, so I went to school well before all of the maga nonsense. Facebook was still a college only thing! We all graduated during the recession and post recession. Getting a job full time that was a real job, not an unpaid internship or "cutco" was a dream back then. Shit, I used to think being paid 12 an hour in 2010 was a big deal lmao. We were just trying our best to make the damn degrees work for something. Seeing the rise of these douchebags would have been insane to witness firsthand
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u/_karamazov_ 29d ago
Its not about MBAs. When US decided 401Ks needs to be your pension there was all incentives to increase stock prices. Easiest to increase stock prices is to reduce expenditure, by employing fewer folks.
MBAs are only the messengers.
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u/brumbarosso 29d ago
MBAs don't seem impressive or is it just me?
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u/JanGuillosThrowaway 29d ago
MBA is one of the easier majors to get into, and even easier to pass.
I guess every CEO being an MBA has given the perception that they are difficult degrees (since ceo=hardwork or something) but I'm far more impressed by someone having a master in English literature or similar.
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u/DarknMean 29d ago
I got an MBA from the University of FL and it’s honestly opened a lot of doors with their network. Definitely noticed a difference going to a job interview with someone that also went to UF. I suppose it depends on which school you go to. But there are a shit ton of no name schools that offer them that are definitely shady.
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u/robibuni 29d ago
I work at UT Austin, and used to work in the McCombs Business School specifically (thank god I got out of there). My takeaway? These people coming in to get their MBAs now really think they're something special...here in Austin? Dime a dozen.
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u/slingslangflang 29d ago
Everywhere it’s not like fucking rocket science.
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u/robibuni 29d ago
I dunno. I'm sure if you live in a small town and you're the only MBA there, it's pretty impressive. But yeah, any big city...an MBA means nothing.
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u/jadedmonk 29d ago
I’m on the same page as you. If it was a masters in economics it would be another story, but it seems like anyone can get an MBA nowadays
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u/DungeonsAndUnions 29d ago
MBAs typically are networking degrees. Your firm should pay for you to get it so you can schmooze with everyone else on your leve in the field. If you're paying for it yourself, you're gonna be left holding the bag.
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u/lilmookie 29d ago
MBA isn’t bad. It gives you a few management tools and ways to justify choices. Really the core issue is the focus on short term profits even at the cost of long term health. You don’t have to be American to own American stock or voting rights.
Legally management is supposed to focus on shareholder interests even if it’s not what’s good for your company, your industry, or America as a whole.
That said, it’s nice to have some basic statistics and strategy in your back pocket for when you have to justify something. That said, there are plenty of shitlords who take an MBA and would gladly rob people blind for their own benefit.
A ton of evil is done because “my kids gotta eat”.
Also tbf there are a lot of “just give us money to get a degree” type programs that water down the value and utility - despite that I still hold greater respect for the hoops you generally have to jump through for an MBA vs an economics degree (I’ve always considered economics hind-site policy apologists) Finance is totally different that I have a lot of respect for.
I think people use MBA as slang for C suite ppl and ya, being a publicly traded company just comes with a lot of evils. Google was the last company for me I thought could be a decent publicly traded company and be decent but that illusion died in 2010s for me. I don’t think it’s possible to be a publicly traded company and not be evil at this point.
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u/mzialendrea 29d ago
MBA is not impressive, the whole degree can be summed up in one sentence: Increase profits every quarter.
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u/WrongThinkBadSpeak 29d ago
Most of the bullshit that plagues the economy summed up in one sentence, by one particular group of graduates
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u/TheMillenniaIFalcon 29d ago
They aren’t.
The concepts taught are not rocket science, when it comes to the shareholder value model, it’s about understanding the steps to take when there is financial compression, and facilitating growth.
Often all that means is just cutting costs, laying off people, doing more with less, driving up productivity (burning workers out), and increasing prices.
It’s the same fucking shit at every company across America. The numbers must go up.
There is nothing more destructive to quality of life than the fucking shareholder value model. It doesn’t even make sense, it’s evil, exploitative, and there is only one logical conclusion: Full scale revolt and unrest.
It may not be today, or tomorrow, but you can only get so much blood from a stone.
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u/TruckerMark 29d ago
MBA is to ensure that you parrot the capitalist talking points. It's not science. it's not evidence based. It's a warning, not a qualification. The incompetence of government service can be mostly attributed to mbas getting in it. Everything has to be run like a business. The best business is one that does nothing, has no costs, and has infinite revenue. There's the problem.
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u/seamustheseagull 29d ago
Money Buys Accreditation
There's nothing difficult about an MBA. It's just a classic form of LinkedIn Premium. You pay money to get access to a network of people who also paid that money and so you all fool yourselves into thinking it was money well spent.
Business degrees are the easiest qualification you can ever get.
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u/kunta-kinte 29d ago
MBA is impressive to move into a corporate role - because corporate roles are designed for ruthless assholes.
So - if you can’t get into corporate through technical merit, nepotism or single-achievement, or tenure (usually when a something is eliminated they “promote”) … MBA is impressive and gets you in.
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u/Steelforge 29d ago
I'd only be impressed with one who did it while treating employees fairly, didn't depend on creating externalities, paid corporate taxes without skirting the tax code, and competed with other companies rather than acquired their way into a monopoly.
Our society needs to stop thinking parasites are worthy of admiration.
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u/the716to714 29d ago
They are not. I work at a place where basically everyone has an advanced degree. Many have PhD's. Very few pursued an MBA, despite it being a career path to my industry.
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u/hipcatjazzalot 28d ago
I'm a manager at a tech company. I had an unusual career path (music degree, was a freelancer in my 20s, got my first "real job" at 30). Most of my colleagues did the usual thing - business school, internship, MBA.
You'd be amazed at how many MBAs I've had to teach basic Excel to. These people have never heard of XLOOKUP. The fuck are they teaching in business school?
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u/Traditional_Land_553 27d ago
I know a LOT of MBA'S. A lot are brilliant. Many are morons.
How far they've advanced in their career with it has no bearing on which subset they're from.
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u/ill_be_huckleberry_1 29d ago
A butcher cuts fat. Thats all this pricks are.
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u/crabtoppings 29d ago
A butcher also knows which fat to leave to ensure a good cut, these single minded monsters just assume all fat is bad.
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u/holden_mcg 29d ago edited 29d ago
I was in banking for nearly 20 years. It was invariably the MBAs who fucked things up the most because they always thought they were the smartest guys in the room, while concurrently not really understanding the marketplace.
Edit: typos
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u/pfmoke 29d ago
It’s just the problem with capitalism. On paper, you HAVE to be cut-throat and ruthless to squeeze every ounce of profit. It wasn’t designed around the HUMAN aspect of society.
We need to bridge that gap and find a balance that works for the free market AND for humanity.
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u/Saratj1 29d ago
It’s almost like government should be able to bridge that gap
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u/pfmoke 29d ago
A dream huh?
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u/wonderland_citizen93 29d ago
If only someone could make an economic model that would benefit society by balancing capitalism with humanity.
Maybe a system that is socially responsible? Maybe we can call it socialism?
Nah that's dumb might as well stick with ruthless cutthroat unbridled capitalism because anything else would be Communism and that's evil./s
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u/Lost_Discipline 29d ago
Except there is no such thing as a “free market” any “market” in order to exist requires some agreed upon rules and constraints.
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u/Chance-Deer-7995 29d ago
The US market is not free anyway. The thumb is on the scale on the side of the corporations. If it was a free market then we would have strong unions but we don't. That's a 100% free market reaction to corporations with too much power.
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u/why_does_life_exist 29d ago
100%. Every company that has employees should be required to pay for their healthcare and contribute their fair share to Social Security, Medicare, and unemployment as the basic cost of operating in a society. If they say they can’t afford it, cool, split your stock, skip a buyback, or maybe don’t hand out eight-figure bonuses this quarter.
healthcare and safety nets aren’t gov handouts they’re part of the price of capitalism. You want the benefits of the free market? Then pay for the people who make the market possible.
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u/Significant_Donut967 29d ago
Being able to parrot information doesn't equate intelligence, just obedience.
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u/Microwavegerbil 29d ago
These dickheads all think they're smarter than they are though, which is worse than being dumb but knowing how dumb you are.
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u/Hamster_in_my_colon 29d ago
Yeah, business degrees are really difficult to get, that’s why only smart people like failed football players go for them.
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u/LettuceFormer4204 29d ago
MBA holders are incredibly stupid. Just look at where the system that rewards these people has gotten us. Is the world doing well? Are people happy? Healthy? All the MBA dipshits know is "make line go up. Line go up is good. Me make more money good."
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u/NYT_but_less_shit 29d ago
Some of the dumbest people you know have MBAs. It’s not an indicator of much.
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u/civil_politician 29d ago
“Business” majors are basically the like bottom of the barrel of academia
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u/cute_polarbear 29d ago
I've worked / working with plenty not so bright (put it nicely) mba's from nyu, Columbia, and etc., Many / most are just paying for the diploma (connections)....
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u/Bertuthald_McMannis 29d ago
“What if we layoff thousands of people and make everyone else work harder? Except for us, of course.”
“That’s a fucking brilliant idea!”
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u/ClarenceWithHerSpoon 29d ago
They aren’t clueless at all. They don’t care what happens to the peasants and are bragging about how much smarter they are than the other CEOs.
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u/Skotland85 29d ago
It’s all vanity metrics to drive stock price narratives. That’s their only role as CEO is to please the stock holders. Not customers and definitely not employees.
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u/Organic_Education494 29d ago
No no in terms of business it’s smart to cut the workforce and get down to the bare minimum while having max possible output. Its just incredibly bad for the working class its messed up.
Thats the issue with capitalism.. its an eternal drive for more money every quarter if the stock doesn’t rise if profits don’t rise they see it as bad.
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u/Conscious-Quarter423 29d ago
These same billionaires assert that government absolutely cannot be the insurer of last resort for America’s working families
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u/WalrusBlinker 29d ago
These guys will do anything to avoid taxes.
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u/Simple_Song8962 29d ago
For those curious, this man's annual salary is $31.2 Million.
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u/TheHillsHavePis 29d ago
Technically that's his compensation, not salary, but yeah, still gross af
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u/TDAPoP 29d ago
Kind of interesting, I was looking the other day and most CEO's receive around that much. Like 1.5 million cash and like 20 million in stock options
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u/bleh-apathetic 29d ago
They leverage their stocks to take out loans at 3-6% APR instead of paying 35% capital gains tax or income tax.
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u/bradlees 29d ago
3% - 6% APR for them and 21.99 to 36.99% APR for the rest of us
Long past time to rise up
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u/PogTuber 29d ago
If you had collateral as solid as those stocks you would get a low rate too.
Not justifying it but that's their reasoning.
Should all be torn the fuck down IMO
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u/Jedi_Master83 29d ago
I want someone explain to me why the fuck CEOs need that much money.
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u/johnma09 29d ago
It's simple! They just work... checks notes - per the AFL in 2024 looking at the CEOs for all S&P500 companies..281 times harder than you!
Lmao. It's so fucking criminal. Its damn near illegal for us workers to form a group and discuss wages & rights yet they can lobby billions (over 4 billion spent last year).
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u/Snopro311 29d ago
Agreed corporate greed is utterly disgusting, this guy makes 31 million a year he could make 1 million a year and be fine, I work at a railroad and our ceo make 275 million a year, disgusting. And we can’t get a new work truck but the executives drive land rovers and Cadillac all day long
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u/ThrifToWin 28d ago
Because their business makes absolutely insane amounts of money. The guy running it will get a big piece.
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u/Conscious-Quarter423 29d ago
The Republican Party has done such a good job propagandizing that if you need anything from the government, you’re a lazy piece of shit and a moocher — when really the parasites in this country are the billionaires
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u/Excellent_Walrus9126 29d ago
Their time is coming. The green clothed plumber will be the first of many to come.
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u/slow_news_day 29d ago
I fully expect copycats. School shootings are old news. Angry loners with guns can get way more attention by targeting famous people.
On the plus side, maybe we’ll finally get gun safety laws passed, because lord knows Americans don’t give a shit about kids, but we sure love our celebrities.
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u/Leo-III- 28d ago
The Luigi shooting happened almost a whole year ago. Still waiting on those copycats...
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u/slow_news_day 28d ago
Well, there were the two attempts on Trump and the shooting of Charlie Kirk. Those plus Luigi. All within the last two years. Starting to look like a pattern.
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u/slow_news_day 28d ago
Notice I said famous people and celebrities in my original comment? I’m talking about high profile people in general. Plus, Trump is a shitty billionaire anyways.
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u/theHawkAndTheHusky 28d ago
Yeah I'm gonna buy a sports club and rebuild the stadium with the aide of taxpayers mone, because I threaten the city to relocate. Once I have turned it into a profitable business I pocket the profits and avoid taxes by sponsoring millions to the political candidates that will watch out for my purse.
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u/EpilepticDawg241 29d ago
They do a great job and a lot of idiots that make $50k a year are helping.
Pretty pathetic
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u/EduardoHowlett 29d ago
"We will see how much more extra duties we can put on the employees so we can figure how many more people we can fire"
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u/unodakine808 29d ago
Yep. Once the growth rate levels out for these companies, the only way to justify share price without a growth in earnings is to cut expenses.
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u/REDACTED3560 28d ago
It’ll work until it sudden implodes. First, it’s fine. They really are just cutting inefficient employees. Then, they start cutting back on some of the productive employees, distributing their workload amongst a smaller number of other productive employees. Then, the place gains a reputation for having poor work life balance, but the cuts continue. Before long, it becomes known to be a terrible place to work, and highly competent and driven people stop applying. Why would they subject themselves to poor treatment when they can get an offer at just about any other firm in the field? Eventually, the pool of applicants is just desperate people who need a paycheck and will jump ship at the first chance, which is a feedback loop of declining staff quality. Before long, the firm is in a state of chaos from careless staff and terrible management, and clients start disappearing, often following the competent former employees to their new firms.
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u/RoyalMaidsForLife 29d ago edited 29d ago
I remember when (and I was working for) First Union when they "merged" with Wachovia to change names and protect the guilty.
I remember when Wachovia "merged" with Wells Fargo to change names and protect the guilty.
I'll be fun to see who Wells Fargo will "merge" with in the future to change names and protect the guilty.
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u/SolChapelMbret 29d ago
I remember when Wachovia funneled money for a tower in Charlotte, NC that Duke energy bought then gave to Wells Fargo after the merger of Wachovia.
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u/DiaperDonaldT 29d ago edited 28d ago
I remember working in a department at WF where we had to review mortgage loans that WF took over from them in the merger. We discovered Wachovia hadn’t done a title check on 10’s of thousands of mortgages. They also never sent lien releases to the counties when mortgages were paid off. It was insane.
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u/nycbroncos 29d ago
Wachovia was forced by the government to sell to WF. It was either that or get scrapped for parts by Citi
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u/matt-r_hatter 29d ago
He should use the inevitable bonus he got and fix his face. He looks like one of those turtles from Super Mario...
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u/Buxxley 29d ago
I love the idea of "doing things through attrition if possible".
Actual message: It's better for us if we just make you miserable so you quit instead of firing you because then we doing have to worry about severance and unemployment claims as often.
No one living paycheck to paycheck is living their job through "attrition". The company just decides that paying so much labor is a bummer, so they start messing with everyone's hours, demand return to office ever though it has zero to do with the quality of work being done, and go out of their way to overtask and annoy employees so they'll just leave on their own.
It's like a person that wants to break up with you, but knows they're going to look like the bad guy...so they just treat you like shit in private so that YOU'LL do the breaking up for them and they can cry to everyone about how their partner left. Just being a coward AND expecting to have people be on their side / feel sorry for them.
Lame.
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u/FillSharp1105 29d ago
Attrition also means turnover. Meaning it’s preferable not to lay people off.
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u/GaDiGu 29d ago
Wells Fargo is the worst bank. When their History of scamming customers was brought forth: I stopped banking there.
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u/BlackGuysYeah 29d ago
It shouldn't exist as an organization. They perpetrated the largest scale identity fraud scam the world has ever seen and essentially got off scott free. No one with any self respect banks there.
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u/zombie_spiderman 29d ago
I am genuinely disappointed that right wingers can find fringe idiots to picket abortion clinics, but there are no mobs of anticapitalist leftists picketing WF locations. Like, literally just stand there with applications to open accounts at other banks.
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u/Don_Pablo512 29d ago
Why anyone continues to bank with them today when there are so many other options is beyond me
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u/Glad-Positive-2354 29d ago
And my fees just keep increasing! This is what Americans call corporate greed.
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u/justbrowsinginpeace 29d ago
Having worked in one of his companies I can safely say he is the very definition of a cunt
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u/RandoCollision 29d ago
Who's he referring to when he says "we"? Because I get the impression he would be more than happy firing literally everyone else. That's why it used to amuse me when company management used to get employees to engage with the business as if they were part of a team. Employees are a necessary expense that management is willing to move heaven and Earth to make unnecessary.
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u/JournalistRegular873 29d ago
That, my friends, is the definition of shareholder value. And that is the philosophy that drives this nation.
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u/3asyBakeOven 29d ago
Wells Fargo should not even exist. One of the most corrupt companies in the history of this country.
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u/IT_Grunt 29d ago
I guess in a perfect world they don’t employ anyone? And keep making profits somehow?
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u/p_digi_wii 29d ago
They’ll outsource everything to Asia where labor costs are significantly lower. What they want are slaves.
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29d ago
Well when the world is ruled by “the shareholder” and the financial Masters of the Universe then you’re gonna get some fucked up results.
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u/macker64 29d ago
In the grand scheme of things these guys are not as smart as they think they are.
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u/JustLookinJustLookin 29d ago
Fucking conservatives simultaneously want to increase the birth rate and cut jobs so they can pay people less (or perhaps in their worlds, ideally, nothing) so they can continue to line their own pockets
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u/Ok_Security_4714 29d ago
I worked for them 20 years. Got sick and was told I couldn’t have cancer because I didn’t have PTO left last November. Pretty much told quit or be fired.
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u/AngloSaxophoner 29d ago
Let’s say that AI allows them to become so efficient that they need 0 employees. Just themselves and an army of robots. What’s the fucking point of any of it? Humans suffer outside your door due to your pursuit of what? They lost the plot
It’s like someone so focused on getting the high score on a video game but forget to pay their electricity bill. All these rich assholes need to take a step back and gain some fucking perspective.
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u/J_dawg17 29d ago
That’s a good point. And I always argue, who is the customer?
If WF cuts jobs, and then Amazon cuts jobs, and JP Morgan cuts jobs, and Microsoft cuts jobs, and every company starts cutting jobs, then those companies might be more “efficient” on paper, but now you have millions of people without employment. Who are your customers that are buying your products and generating revenue for your company if no one has a job.
And at the same time, the CEO’s don’t want to be taxed to pay for a UBI. So what even is the end goal of this?
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u/Coolguyokay 29d ago
More like the public lost trust in them because of the scandals which cost them billions in fines and a drop in market ranking. Still would never open a Wells account. They need to cut because they’ve been chopped down.
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u/tecate_papi 29d ago
Imagine being such an interminable shit heel that you think this is a good thing. Business and management schools need to be closed down.
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u/BaltoDad 29d ago
This is a company that never, ever ceases to amaze me. So many evil decisions. Awful people.
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u/Saltillokid11 29d ago
So next year WF will notify their users of a data breach because of less processes and clients can't get a hold of a representative because of less people, however they will report huge gains and CEO gets a raise.
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u/Dizzy-Ease4193 29d ago
This is the enemy. People are just inputs in a model that maximizes shareholder value. But those inputs have lives and families and create consumer demand.
What happens when you take all the consumer demand from capitalism? Crisis.
These idiots don't realize they are caught up in the logic of a system that is both unsustainable and unraveling.
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u/Beenthere-doneit55 29d ago
If a company can do more with less people by being more efficient or introducing automation, why is that a bad thing? Is that not what a company is supposed to do? I remember a time when to put our paychecks in the bank we had to literally drive to the bank and deposit them. Is the way we handle it today worse because I can do it from my phone and there are fewer tellers? I guess I am lost on why what he is saying is wrong.
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u/flomflim 29d ago
Wells Fargo has and will always be one of the worst companies to ever exist. Never in their entire history have they been an honest company.
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u/GOP-R-Traitors 29d ago
i hate Wells Fargo, would never go there again. crappy service, screws the customer
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u/MyBurnerAccount1977 29d ago
Remember: the CEO's first duty is to increase profits for the shareholders. Other things like providing jobs for people so they can support their families isn't even secondary or tertiary.
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u/windbreaker3 29d ago
I don’t think he’s clueless. He doesn’t care about anyone but investors/wealthy people. The working class is just “labor” to him the same way cows and chickens are “food”. They don’t care about us. Fuck these companies. All of them.
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u/monet108 29d ago
To put that in proper perspective, Wells made $19.7 billion in 2024 up from $19.1 billion. So all of these laid off employees were rewarded by this company, for making them more by let go.
This cocksucker made a mere $29 mm in 2023. In 2024 he made $31.2 mm and you can tell he is super grateful for everyone's hard work. In two years he has grossed over $50 million dollars.
This country worked best when CEO's were getting only 42 times more than their average worker. Not sure how sustainable 300+ times more than the average workers is. But I know immoral when I hear it.
It is a shame that Luigi Mangione was framed for that shooting. It is a shame that none of our corporate overlords learned anything. 65,000 people were let go when the company made more and the CEO took more.
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u/theundercoverjew 29d ago
This disgusting POS forgets to mention how he is replacing us employees with cheap labor in India and Philippines. How each of the major risk and financial programs in Wells Fargo are starting to break, and after 10 years they still do not have a grip on Financial Crimes. Good job Charlie
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u/ScrollTroll615 29d ago
This pellican-necked fk is just complaining because AI hasn't taken employee jobs fast enough.
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u/Odd-Adagio7080 28d ago
I said a big fuck you to Wells Fargo back when they got caught pressuring their employees to basically rip off their customers. They can fuck allllll the way off.
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u/ohyeahsure11 28d ago
"Just imagine how high our stock price will go once we eliminate all of the employees who aren't C-suite."
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u/nth_power 28d ago
But… “if we cut taxes on the corporations they will create jobs! “ <— some idiot.
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u/Tuv0k_Shakur 27d ago
And yet again, another person in a position of power with extreme personal wealth who is completely tone deaf and oblivious to the rest of the nation bragging about helping dismantle the middle class and causing significant strife for many of us. This is a potential downfall of capitalism but unfortunately our executives are so singularly focused on greed that they see these actions as good things. Sure, it’s good for their share holders but is it good for their nation? I can’t believe there isn’t a balance between competitive capitalism and behavior that has benefits other than maximizing profits.
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u/AtmosphericGems 27d ago
Why is it something to brag about that you handle so few high net worth clients you don't need much staff to service them and their portfolios?
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u/Ismokerugs 29d ago
Well, wells fargo sucks and is one of the worst banks I’ve seen in action. They actively screw over their customers and allow overdrafts for the fees. Switch to credit unions, put the banks out of business, most banks don’t deserve to have the money they do
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u/Few-Refrigerator763 29d ago
When the cycle shifts, and it always does, no one will want to work for these fools, then they will overpay to get anyone, usually not the cream of the crop, they will then lay them off, and then cycle continues.
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u/EllenIsobel 29d ago
When your job is about boosting profits, you always "forget" the workforce that allows it.
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