Thread regarding Wells Fargo & Co. layoffs

Employees in India don’t think much of Wells Fargo either:

Cons: “Getting up in the morning to go to this disaster!, Systems, Management (Leadership), Culture, Physical work area, Deminishing pay Anything and everything associated with the name WELLS FARGO!”

“The management is blind.”

“The salary hike is very low”

“Stale environment and mismanagement”

“Hierarchical, Confused Reporting structure, WF has increased of workforce in India by 2-3 times in last 2-3 years, but it hasn't planned well.”

“Politics. You need to be a politician to survive in the group.”

“Members who has authority can do anything there, it is really getting bad in there. If you are working hard, it's not going to get u anywhere. Too much of politics and internal scams.” internal scams???

Cons: “Bad management, INEFFECTIVE HR PEOPLE”

“Systems and benefits are not up to date and matching industry standards….”

“Things move slowly here.”

Cons: “Management, Extreme Micromanaging”

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Post ID: @OP+1ozUc0CG

9 replies (most recent on top)

@1fni+1ozUc0CG

I thought you were joking, but it's true. When I Googled it, I found multiple articles about the urinating incident by the Indian manager from WF. I was like wow.

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Post ID: @2mlb+1ozUc0CG

@1fni+1ozUc0CG

LOL. I remember reading that article. I could not believe he was a tech manger at Wells Fargo. It turns out that this was not an isolated incident but many similar incidents in India had been reported in the past.

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Post ID: @1rmf+1ozUc0CG

they took away the option for them to p*ss on women on airplanes, so they are angry now....

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Post ID: @1fni+1ozUc0CG

luckily my job requires English to be on the volume of calls required daily. no Indian can master this skill. also, my us based time zone makes it impossible for a lil 7/11 guy to take it my job

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Post ID: @1xih+1ozUc0CG

Employees in the US don’t think much of employees in India either.

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Post ID: @joy+1ozUc0CG

BS on pay for external hire or promo hikes not up to par. People in India and Philippines are stoked when they get a job offer from WF. It’s considered prestigious and now that they’ve hired so many with high level titles/roles, the pot is even sweeter for them. And it certainly isn’t just because of the name WF. Also, there are local requirements in those countries around benefits, pay and hires. You would be shocked to know the minimum percent they get as an external hire. Makes the US external hire pay increase percentage seem paltry. Most people in India who leave WF for a few more cents per hour always regret it and want to come back.

The reason they are blasting those comments is because they are following what the US employees are saying right now. The difference is, WF has every reason to make India happy (vs the US) because they have invested in the plan to displace US for India. And people there know it so they’re trying to get as much as they can on this ride under CS. They’re quite comfortable asking for more money every single time. It is the norm.

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Post ID: @kkh+1ozUc0CG

I would tend to agree on a few things because they scrambled and ramped it up so fast, they didn't have time to organize on this level. Not an excuse, just the reality. I would bet all the firms went through this and should level out in 5-10 years. A long time in the meantime, but there are a lot of people over there now.

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Post ID: @ycc+1ozUc0CG

What in the world is diminishing pay? They take pay away from you? Now that would be stick to the carrot. They should do that here.

Who knows what they go through over there. One said the benefits aren't up to standard? They are in the US.

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Post ID: @jgp+1ozUc0CG

Most definitely there are internal scams there…

It it just kept very well swept under the rug. There’s never a good time for it to happen but now is probably the worst time since US people are being displaced and India has been hiring in droves.

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Post ID: @jpn+1ozUc0CG

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