I used to think working for WF was nice and had no complaints about the company. I obviously didn’t love every job, manager or teammates but overall I thought it was good.
Now with everything going on it just feels like slimy and dirty. My gut is saying something isn’t right here. I know people are going to be like get over it, it’s a job but I want to like the company I work for and want them to do right by their employees and customers.
The failed Wachovia bank and its failed employees , did this company in. Real shame.
@a7+1jqvgqq6z how about systemic harrassment to justify write ups about job performance perceptions, not metrics, and twisting that to move to firing to avoid severance?
@c7+1jqvgqq6z please share your new company.. I need a life rope.
I left over a year ago but decided to check out this forum today after talking to someone who still works there today. They said the morale is worse than ever. I was there almost 15 years and experienced the last several under Schart. He really has made the company more toxic than before despite being hired in the wake of the scandals that started in 2016. Having witnessed the culture those last several years I think regulators would be keen to suspect WF will not be in the clear any time soon. Schart will only continue to drag the company down by demoralizing the employees for the bottom line.
Here is my analogy..it feels like a marriage for 16 yrs that once was good and productive striving for a great future together to now for last 3 yrs a cheating, manipulating spouse who gives you lying cards then tells you to your face you are worthless with endless mind games and thinks you dont know the truth. On top of that being stuck due to financial situation. Do I leave and risk being homeless or do I wait for the divorce and potentional financial award.
Working remote provides an "inferior" experience said someone.
It's not bad people, poor leadership in NY, lack of innovation, funneling money back to shareholders, shipping jobs out...
Instead...t's where your butt sits.
Charlie and everyone from Truist, please ho-k your red noses.
I usually just tell people I'm retired, but if necessary I'll say I work for a 'large bank' and keep it vague about what I do there. No one really needs to know and it's embarrassing at this point. I used to practically be a salesman for the company, always wearing WF gear and talking the company up to anyone willing to listen. Shart took all that motivation away.
When people ask what I do for work I tell them I work in finance and talk around the company name cuz its embarrassing to be associated with it. When interviewing for jobs outside of Wells they ask so... Why are you still at Wells Fargo? Like its a cheap motel 6.
To whomever decided to give a bunch of good people a "maybe 3 years, maybe next week" ultimatum, I say this from the heart: get the bozack.
Regarding "your gut’s screaming for a reason", it could be a reaction to the omnipresent toxicity noted, or it could be those Nashville hot wings. You might want to sit on the potty and sort that out.
I initially worked for Norwest which bought WF. For most of those years, I thought good of the company. I even went back after I was laid off 6 years ago. The last 5 years I slowly saw things change and not for good. The sc--ws got tighter and nothing I did was ever good enough. When the axe dropped 1/2024, I said I’d never return. Now I work for a competitor who has hired many former WF employees. The culture at WF was toxic and the layoffs/hiring overseas doesn’t help the ones who remain.
No one is trying to "anthropomorphize an inanimate corporate entity". The lying, hypocritical, evil POSs that are destroying the company are individual human beings, starting with the CEO and COO. No one is mad at "the company", they are mad about the actions of the people at the top who are, in fact, contemptable human beings with no integrity, vision, or skills.
You’re not alone.
@bb+1jqvgqq6z Nice try, but WF isn’t your run-of-the-mill corporate beast—it’s a Harvard MBA case study in dysfunction. Every business school dissects how this bank sc--wed its clients, from fake accounts to insurance scams—he-l, many classes assign The Fearless Organization just to unpack the mess. Coming to this board, it’s clear they’ve turned that talent on employees: skewed, curved performance reviews rigged for rank-and-yank efficiency, a “location strategy” so vague it’s never been defined. Standard downsizing? No, this is next-level filthy.
And don’t miss the old-timers quietly quitting (QQ)—sitting on fat severance stacks, praying for the axe to set them free. They’ve checked out, but QQ has a cost: the slow rot of staying in a soul-crushing pit. My advice? Weigh it. Henry Cloud’s Boundaries nails it—healthy limits are lifeblood. Physical, emotional, mental—set them, or this place will bleed you dry. If the toll of quiet quitting outweighs that severance check, get out. WF’s not “every company”—it’s a masterclass in why you need to know when to run.
Why do employees anthropomorphize an inanimate corporate entity?
Those of you who feel slighted or lets say, let down by this garbage company why do you take it personally? Did you really accept a job offer with altruistic thoughts of performing a greater good?
I can’t fathom that thought process nor the comical conspiracy theory that “they” are trying to drive us away to save a few shekels in severance. None of you complaining have obviously never worked at a large company and been part of a large downsizing.
We can’t control anyone else’s actions but our own. There is no position here where we are saving lives. Employment is nothing but a mathematical equation that needs to take into account emotional costs if you let them affect you. And if that equation skews out of your favor it’s time to skew it back into your favor.
Wells Fargo is like my toilet - the cr-p floats to the top.
These C-suite clowns would unplug someone's life support to charge their cell phone! If you trust them, then it's your own dam* fault.
8 more years and I'm retiring.
For those who don’t clock how they’re managed, WF’s dirtiness only hits once you’re out. Free of this place, you see it clear: the psychological minefield, the zero care for customers or employees, the feudal lords flexing their skills in backstabbing, credit-snatching, and bullying. The location strategy and scandal stains aren’t outliers—they’re the norm here. So, how do you heal from this mess? Step one: get out. Step two: unlearn the paranoia and cynicism they baked into you. Readers still in the trenches, wake up—your gut’s screaming for a reason.
Moving to a building where I do not have any direct coworkers made it eye-opening to see how low morale has become across the entire company and not just within my department.
WF used to be the best. Then was watered down by Wachovia. Strategic error to allow CLT to have so much power in new company. It’s all down hill from there. If you were at wf prior to 2009, you enjoyed your job, were taken care of, liked your coworkers, and worked hard.
Location Strategy is the only legally defensible way they can target for layoffs. Every other criteria has an element of judgment to it that opens the company up for death-by-thousand-cuts types of lawsuits. This is why they're not making any workload changes before the layoffs and leaving those left to pick up the pieces.
I used to love working here. Then Shart stain came along. FHY.
They’ve never cared about the employees EVER!!
Something IS not right. The location strategy death march is very unethical. The org already had a dark stain with the account scandal, the insurance scandal and all of the other regulatory issues. Giving people a "maybe 3 years, maybe next week" ultimatum was clearly made to save money on severance and benefits by prompting you to leave on your own.
I used to be proud to say I worked at Wells Fargo. Over the years I’ve become embarrassed…not the same place it was many years ago.