Thread regarding Wells Fargo & Co. layoffs

Why would anyone want to sell or work for a firm that still has an asset cap, consent decrees, and a union. Why would any person with a moral compass sell for a firm that has damaged so many consumers and have been fined billions of dollars. In a sales environment I want a quality organization, not the stress of knowing many clients are going with my competitors who have no regulatory issues

Go! They wouldn’t think twice about letting you go!
if you can transfer to a new job every few years to get your salary where you want it go for it. you won’t get raises here

I’ve been here for over 3 decades. This is the absolute worst bunch of senior managers I have ever seen. The down playing of the survey results is a glaring example of how little they actually care.

Been here a lot longer than most. My manager used to be pretty good but the current executive team embodies the old idiom that "the nail that sticks out gets hammered down."

It's Charlie's way or unemployment.

No doubt it's time to move.

This post and the replies smells like fake nonsense

I was in a similar situation with similar movement background. But I chose option 3, which on this board will be vilified.

It wasn’t that my manager was lost, but she was overwhelmed and I could see the need for a right hand person/lead/assistant manager, whatever you want to call it. So I inserted myself into that role.

No usurping of authority, just started off handling small tasks outside of my job duties. Then I brought it up to her honestly about what I saw while providing encouragement to leverage the seasoned staff. Create space between low hanging fruit and their work allowing a shift in focus. You manage up. Some managers want to micromanage, others are forced to when their staff can’t/won’t handle the minutia.

I personally have been rewarded well for my efforts. Most will say this place isn’t worth it and you won’t be remunerated for your work. That’s a call you will have to make. But it has worked out great for me both in $, experience and opportunities.

Four years is easily enough time not to be marked as a job hopper. You should be looking now. No doubt about it.

I spent 24 years at WFC and its predecessor orgs (First Union and Wachovia). Got recruited away in December, now in fourth week with new bank and was physically, spiritually and emotionally defeated by the end and knew it was time to go. It’s night and day different for me now.

When I left WFC, I was high enough up on the food chain (call me “higher mid-level”) to have good insight into how the ex-JPM group which runs the company now thinks. You really must understand that they view the employees as the #1 problem right now, PARTICULARLY the “Old Wells” employees who pre-date Charlie.

Putting out the cheapest possible minimally acceptable product is now the goal. 1 for 1 trades of domestic employees for I&P are strongly encouraged. Spending 20% as much on an offshore resource to get 40% as good of a work product is considered a big win by leadership.

Finally, I would strongly disagree with your assertion that all banks are doing mass cost cuts. Sure, no one is spending like drunken sailors right now, but some players are adding selectively. You only need one bank in the end to get out!

Get out. Unless you can wrestle control of the wheel away from this manager, you will be tainted by their failure.