Left wells 3 years ago, worked on their finance team. Pop in here now and then to see what’s going on.
I’m now at Google and don’t regret leaving one bit. 60% pay increase + stock. I do wish I took more advantage of wells work life balance. It was easy to have a 9-5 that’s no longer the case for me now.
Former Wells Fargo IT programmer here. Posted resume on job sites and currently being like overwhelmed with emails and phone calls every day since, all day long, regarding new IT related jobs. Have had several interviews for internal positions after just posting the resume less than a week ago. Seems to be a great IT job market right now. Gives one much hope for the future after a Wells Fargo layoff.
Second the More money, better culture, remote comment. I just need to break the habit of coming and checking this board but otherwise I’m free of that place.
More money. Better culture. Remote.
Moved to a regional bank in 2021 (left on my own before the ish hit the fan in our group).
Higher salary
Better culture
More flexibility
Much better leaders
Better vacation/sick days
Higher bonus
Better raises
Happier/more ethical people
The list goes on...
I was laid off last year. It took me a while to find a new job. I will say that having the name Wells Fargo on the resume opened a lot of doors for interviews. I just wasn't getting through.
I did land with one of their competitors. I'd say I got a 30% increase, but that's because Wells Fargo low balled me when I started. I needed a job then, so I took it.
My new job is pretty much the same headache, and aggravation as was Wells. Same bureaucracies, politics, and nonsense. It is, after all, corporate America. I am in hybrid. Three days office, two at home.
I thought about returning, but agree with someone else's comment that why return to someplace where you were kicked out? I didn't find it a bad place to work. It was unfortunate being laid off, but everything happens for a reason, and nothing is forever.
I disagree with the comment about staying at Wells Fargo to long will make you unemployable. You still have a wealth of experience that employers will be looking for.
I was employed by Wells Fargo (and previously Norwest Mortgage) for 23 years, 10 months, 3 weeks and 6 days. I had a wonderful team that I worked closely with and we delivered excellent quality day in and day out. The downhill slide that lead to my resignation started and ended with clueless middle managers who had a hard on for questioning quality and focused, not on the 99.2% successful implementations, but the .8% of mostly minor, non-issues that required follow up work. They called them "defects" and basically got their managers nervous every time the word "defect" was mentioned. It became tedious working with non-technical people and having to explain over and over again what the technical issue or error was about. They got paid way more than us to do nothing but write and rewrite their "summaries" that they could feed up the stupid manager food chain to justify their existence. I was willing to put up with this BS because my team was great. THEN they fu(ked me. My spineless and checked out middle manager made up negative stuff - like "seems not engaged with business partners" (even though she never saw/heard me working with any business partners and she made up stuff about me not understanding certain documentation. These were total fabrications so she could justify "Inconsistently meets." Then she told me she didn't have a choice - her boss and his boss required that I get that BS rating. Then when I disputed with HR she lied and said it was she who decided to give me the BS rating - even months after she left the department and should not have been giving me the performance review anyway.
I quit and got a job in the federal government working in IT. 20% increase in pay, same leave (actually better), retirement plan match each paycheck at 5%, a modest pension and way better health insurance. Being fu(ked over by Todd and Mike was the best thing that could have happened. I am very happy not to be working in credit policy anymore.
Let go a year ago. Had a contract position which I thought would lead to a hired position for me but the company had other plans. Doing another search. I am not looking to come back to Wells Fargo. The company is fine but I don't like the idea of returning to the place that let you go.
Was laid off from WF in June 2021. I interviewed for the exact same position (which I held for 3.5 years) at the end of June 2022. Hiring manager is unable to tell me if I am still being considered for the position. They hope to get further direction from their management within the next several weeks.
I really liked the role of my former position, and I did a lot of good work. I worked with some great business partners. Yet I ask myself if I really want to work for a group that is so poorly run and clueless? :)
If someone left WF, why would they come here and tell you about it? Who gives a sh-t?
@1mqm+1hVifrdg It is, Bro, but, as you can read from the replies, this place is so psychologically damaging to people they need a community to share the trauma and how they recovered with.
In the last three months people I’ve worked with for years have told me things like - they’ve started seeing a therapist based on recommendations from other coworkers therapists have helped. That they’ve started taking anxiety medication when they’ve been happy-go-lucky people for 3+ decades of their lives. That they’ve been to the ER thinking they’re having a heart attack or stroke - and in one case they actually were! That their manager puts on laughs and inside jokes in front of the larger team but is screaming at them on 1:1s.
I’ve left but these people still call me to tell me it’s getting worse and asking for help getting out and moving on.
But but I thought this was a layoff site.
I left WFC right before it mandated RTO. Finding a fully remote work at that time was very easy. Being a fully remote worker plus a 30% bump in salary was a no brainer for me and so I left. I still miss the culture at WFC, the people there, but not the pay and benefits esp the 401K. I now have so much better 401K matching plus pension, and saving a lot every pay day.
Post ID: @jeu+1hVifrdg
IMO, Yes - if you can get hired in a branch working with a successful FA team. No, if you are in the Home Office in St. Louis. Back in the day, you would have loved it. But Wells Fargo ruined it just like they ruin, literally, everything.
Frankly, I don’t know which entity is more of an ineffective circle jerk, Wells Fargo or the Government. (Sorry- I couldn’t think of a less offensive yet accurate term.)
Left over a year ago. Final straw was I requested a disability accomodation and my boss retaliated. I’m now on the leadership team at a credit union making almost 40% more. I no longer have nightmares about work and I feel like I have real inner peace.
I left on my own in February 2021. I went to a fintech company and got about 15% pay increase, I've got a ton of stock but we are Series A for now, it's going to be a long shot.
People are nice and I have an amazing Mentor.
Moved with the sale of a business, life is much better now that I'm no longer worried about never ending layoffs.
The new company treats us pretty well and communicates far better than Wells, we don't get the same bureaucracy and convoluted speeches. It's almost as if they care about us as if we're people.
I don't look back at my couple of years at Wells, I do stop by this site every so often to see how you guys are doing.
Made a lot of money at WF, then was paid a large sum to move to a competitor. Overall, not bad... I was just tired of the bureaucracy and reputational damage
I just pinch myself every day that I escaped the abusive relationship I was in at WF.
Left Wells Fargo 6 months ago. Career situation is great, other organizations have similar workload and type of work. Here is what I learned:
Here is a long discussion with 32 replies (posted back in March) on which Wells Fargo Group is the best:
https://www.thelayoff.com/t/1fVRVG0H
or with link
Is it worth going from wf bank to wf advisors?
Are there good groups at Wells Fargo?
Better.
I went to a Fintech that paid 30% more plus 100% Remote but got laid off recently. I still don't regret leaving, given layoffs and arbitrary firings are now very common at Wells Fargo and the atmosphere was miserable.
It's strange but i have found it's a lot easier to explain being unemployed from a more progressive/startup company (due to general economy) than Wells Fargo. I get far more interviews even now then when I was at WF. There clearly is a negative sentiment associated with the employer.
It's risky out here, but the longer one stays at WF the worse it gets. Eventually you'll be unemployable anywhere else after staying too long, so the stability is a farce. It's better to get laid off from a startup as it's more accepted as the norm than a big bank. Plus the severance package they gave me is equivalent to what I would have received from WF for much more tenure.
What gave me the push to leave was the prospect of not having a good reference from the new leadership anyway, the stack ranking system and RTO non compliance penalty on potential Bonus. All of those things would reduce my morale for job interviews, compensation and job security.
If you're at the point of diminishing returns i would advise leaving for another opportunity ASAP and cashing some of your 401k if necessary. You only have one life to live and wasting any additional years at Wells Fargo is no longer worth it, given you are disposable under Charlie just as much as you would be in a startup, with the added frustration of bureaucracy and non-career advancing work you'd be saddled with.
Displaced in late April from Home Mortgage Servicing and just landed a full-time, remote position with a major insurance provider in IT. When I first joined WF, it was a great place to work as a team and solve problems. Over the past 2-3 years the work lacked challenge and morale was awful. I had 4 different managers within an 8-month period. I will never look back.