Thread regarding Wells Fargo & Co. layoffs

Some Sage Advice

I realize there are a LOT of miserable people at Wells Fargo and empathize with many about the culture, the lack of respect towards employees, the lack of commitment to employees, the threat of constant layoffs, the hypocrisy, the lack of consistency with remote work, etc. etc. I could go on and on.

I lived it for a long time, and then I left. Like an abusive relationship, it's sometimes hard to get out of, you think you're stuck in it, but you're not and you want out so bad even waiting a few months for a new job can seem like an eternity! My advice is get out as soon as you can! Quit being committed to it. Devote an hour a day to applying for new jobs, even it it's in between meetings. You can't run a successful bank or business with constantly laying off talent and expect to have an engaged, committed team all rowing in the same direction to move the company forward. The regulators should of busted up the bank long ago, but the government is incompetent.

You're in control of your life, your future, and your career. There are many other places to work, get after it.

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Post ID: @OP+1gKYyGnz

6 replies (most recent on top)

just like online reviews people who are unhappy are more likely to take the time to complain about it online vs those that aren't. while I am sure there are a lot of very unhappy people at wells I wonder what % that actually is. I have been with WF over 20 years and find the culture is really group/team specific. During my tenure I have had one bad manager which I took care of after putting in my 12months then moved to a other role and then a time where I really liked my manager and team but the leadership of our group left something to be desired, but thankfully a reorg recently fixed all that and things are much better now not that they were completely horrible. I've had good times and bad times. but thankfully the good outweigh the bad. I also don't mind going into the office but miss some of the flexibility that used to exist precovid. there is definitely a feeling of big brother watching whether they are or not, and again thankfully I am on a team with management who isn't being jerks about rto and gives us some flexibility including letting us work from home instead of using PTO if we are feeling up for it. Wells has been pretty good to me over the years. helped pay for my education early on and while never handed me a large raise or promotion on their own, with a little hard work, pushing, and self promoting around I have seen both many times over the years. I actually heard a good phrase on a political you tube channel yesterday of all places; don't confuse the ease at which someone will whine with their willingness to actually fix the problems they're whining about.

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Post ID: @1nyv+1gKYyGnz

Sadly Wells is a cult. For all the wrong reasons. It was long before Charlie. That's why it has some many issues that went unfixed for years. I don't side with Charles but felt it's a cult as well.

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Post ID: @1tbh+1gKYyGnz

I’ll be happy when this company starts treating us like adults and allows us to choose for ourselves whether to WFH or RTO. Until then, I, along with everyone else I know will continue to look externally.

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Post ID: @qef+1gKYyGnz

people are never happy, they complained about Stumpf, then Sloan and now Scharf. Although I don’t like Scharf either. His cult comment and hate towards the word team, lost me forever

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Post ID: @axt+1gKYyGnz

So well said, OP. I’ve been at WF for 8 years and am giving my notice this week. So happy to get out of this place and move to a company that values their employees. I’m struggling with some guilt over leaving my team and of course, change is scary. Ultimately though, I fully believe that WF has gone off the rails and employee morale is in the gutter.

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Post ID: @wrp+1gKYyGnz

Until they fix the culture it'll continue to be a miserable work environment. I got out last year and couldn't be happier.

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Post ID: @sdl+1gKYyGnz

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