Thread regarding Wells Fargo & Co. layoffs

I learned long ago

A lot of you apply for roles thinking you’re automatically going to get them. Let’s be real: that jump from P3 to P5? It’s not happening. It’s very rare—only if you’re extremely misplaced. Nobody cares. No one’s thinking about you. No one’s worried about getting you ahead. You’re not going to become a manager unless you’re friends with somebody. Period.

And that reorg they claim “opens up opportunities”? If they’re not talking to you during the preliminary stages, you’re not getting the role. Period.

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Post ID: @OP+1jx0w5zgs

11 replies (most recent on top)

"..You’re not going to become a manager unless you’re friends with somebody. Period..."

True, and especially in the sense that why would they hire you if they don't feel good being around you in terms of work personality for the tougher times. Hire a work friend you know, or take a risk on some unknown with a new resume.

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Post ID: @j7+1jx0w5zgs

@OP I care 🥲

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Post ID: @dc+1jx0w5zgs

Preformance has never been a factor to receive a promotion.
Neither is skills or experience.
Look at how many Leads it takes to solve any issue.
At any other place those same Leads would:

  1. never be promoted, let go
  2. Be at a P3 level

Over half the Leads at Wells are nothing bu talkers and never get anything accompished.
They act the same way as some managers .
They do the "Wellsfargo shufle" or what Wells likes to call a Re-org.
They switch rolls before people notice the Cr@p they churn out.

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Post ID: @d2+1jx0w5zgs

Unless you are Indian then you shoot right up the ladder

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Post ID: @d1+1jx0w5zgs

Wells is NOT the place to grow a career in. I don't care how well you perform, how good you are -- you will not get noticed. If you do good the manager will move you to a place where you will not be seen. This place is full of mediocre people that just want to survive. Remember this is a society of Command and control bully managers. Yes it is who you know, who you can share the bully's code with. Five? years ago when we had an exposure to agile I remember seeing developers finally get to say something in a group setting. You could tell they were not used to it. I realized then that agile would never prevail at this bank. I was glad I did not have much time at this place before I retired.

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Post ID: @b6+1jx0w5zgs

Yes, so true. Been here for 10 years. I wonder, did I waste my time?

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Post ID: @b4+1jx0w5zgs

@an I have always thought this was case. For roles in my department, I can always tell who will get it based on who I see management talking too. Then you find out or are already aware that the person who got the job is friends with or somehow connected to one of the managers.

Unfortunately, I have never been able to get a role higher than the one I have. I don't have any connections/friends who are influential enough to help me get a promotion. The culture of Wells Fargo is very much a who you know type of culture.

And even if you express an interest in advancing it will fall on deaf ears if you don't have a good network. Step one at Wells is to build a network even if you don't have the skills or experience that doesn't matter. You just need the network.

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Post ID: @ay+1jx0w5zgs

Every re-org where I was able to get a new role, I was asked by management if I was interested in the new role. I’ve had multiple job role changes, without interviews, over the past 20 years.

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Post ID: @an+1jx0w5zgs

From my experience, unless you know the hiring manager and they want you, it is extremely difficult to move around or get an internal promotion.

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Post ID: @af+1jx0w5zgs

Sh1t, and I thought I would have a career. Fu--k WF.

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Post ID: @a4+1jx0w5zgs

It is rare, friends and family - so dirt too.

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Post ID: @a1+1jx0w5zgs

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