Quote of the week
-
- February
- 5
“Recognition events are still part of our culture,” Wells Fargo spokeswoman Melissa Murray said Tuesday afternoon. “It’s really important that our team members are still valued and recognized.”
That’s Murray trying to defend a lavish retreat Wells Fargo & Co. was planning for Las Vegas. It intended to reward top employees with 12 nights at the Wynn Las Vegas and the Encore Las Vegas.
What hubris No wonder the public is furious.
Recognition? How about a paycheck every week? Tuition reimbursement? Contributions to your 401k? A job? Those are the types of cuts the rest of us are struggling with.
How out of touch are these companies?
If you’re getting bailout you need a new culture. Fast.
Once the outing became public, the company said it would cancel.
PHOTO:The Wynn Las Vegas, right, and Encore Las Vegas, in Las Vegas. Wells Fargo & Co., which received $25 billion in taxpayer bailout money, had been planning a series of corporate outings to Las Vegas casinos this month. (AP Photo/Jae C. Hong)
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on Thursday, February 5th, 2009 at 2:49 pm by Noreen O'Donnell.
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all the issues i have with Wells Fargo. no wonder. Their IT and their analytics are terrible.
they screw up my escrow every time. and they double dipped this month. The American people need a bailout that means they don’t lose their jobs to India.
People are laid off every other day and who gets the job?
Pretty soon we will all be out of work, why government is allowing corp america to take jobs away from the U.S. permanently.