I was so proud. I was so fascinated with how organized the bank was. I liked to learn, and I was learining every day. It was the best company I ever worked for (I had about 20 years of work experience). How did we get here? Hod did we get into this position of despair and madness?
It happened so quickly and it's such a sad story.
Oh, how the mighty have fallen...
There seems to be a lot of sadness in these posts. Perhaps the same person posting day after day, sadly, in response to their own thread.
I was proud to work at Wells too. I commented to friends they were the anti-Chase. Now they are just like Chase. I worked at Chase and knew what was coming. Sadly I am being proved right.
Been with Wells since they took over Wachovia in 2008. It just kept getting worse. Every system was worse. Every process was worse. Every new manager was worse. The insurance got worse every year. Morale got worse. And then the scandals hit. And the news and our reputation got worse and worse and worse. And the trend continues.
I was legacy Wachovia and everything was fine until the ‘ merger ‘ announcement in 2008.
I could see it slowly crumble from 2009-2010 and it rapidly went downhill from there. I always knew the “ merger “ was a lie, They got the staff and portfolio on the cheap and once we trained up the WF staff us legacy staff were pushed out.
Started here in payroll back in early 1990s. Every new year is worse than the previous one.
We've inherited a lot of goodwill, human and intelectual capital, and $ capital - the management wasted it all and distroyed this company out of sheer greed.
Now, look tens of thousands of careers distroyed in a snap... Add to that many family members, we are talking hundreds of thousands of people affected by actions of these id–ts. And do not forget, at the time we were guilty of deifying them...
I knew we , the company, were heading in the wrong direction when I went to San Francisco to attend a Transformational Leadership program. As a Manager, I was under the impression that we would go there to increase our managerial skills and thus make a better company.
Instead all we did for three days was have people discuss themselves. Instead of learning new skills to improve ourselves and thus the company, everyone just talked about themselves and how unique they are for being g– or black or a he/him pronoun. That's when I knew the company was doomed.
It s—s going into work everyday wondering if it will be your last
I certainly wouldnt be proud to work here being surrounded by criminals and sound like more actions coming that sound like will draw serious concerns. Make sure to take notes of all things you are doing and others say to you, detailed as needed.
It all depends on which silo you grew up in. Thankfully i wasn’t in the retail or mortgage silo’s. I’ve enjoyed the last 15 years in WIM very much, but guessing that time will now be cut short.
8 years ago we looked good on paper, because that was when team members were opening up fake accounts left and right.
If you were one of the people living with the pressure to make impossible numbers you might not have felt so proud.
Life was hell for those people. I doubt if they felt proud of themselves for opening up one more fake account so they could go home that night. And I doubt if they felt proud of the place they worked.
That privilege was reserved for people who were insulted from the truth. I know. I was one.
The word you are all looking for is lie
Branch people lied to customers
Mid level managers lied to sr. Managers
Sr. Managers lied to the Board and regulators
Risk management lied on behalf of sr. Management
HR lied on behalf of sr. Management
Sr. Management lied to investors
Board ignored warning signs
Lies, lies, lies... extraordinarily simple and easy to understand which is why so many are infuriated at the Bank
My gut response to your post, OP, is that it was the illusion of an organized bank. And an illusion of the best company you ever worked for. They were/are all smoke and mirrors, deception. They were able to keep the illusion going as long the money was rolling in from all the many ways they mistreated and took advantage of their customers. And snowed the investors about how great we were at cross-selling. But once the first domino toppled, it all began to fall apart. It turns out they can’t make a dime honestly. I’m sad too. Not for Wells Fargo -they stink- but I’m sad for my coworkers who have given so much of themselves to that place.
And I just read a quote in an article that cracked me up, so I’ll pass it on: “The stagecoach is still the most impressive piece of technology Wells Fargo has.” Ha! Sad but true!
I know what you mean.. I was so proud to work for Wells Fargo. I loved my team and the work we did. Our manager was let go, now the team feels directionless. How I miss the good old days at Wells.
Watch dirty money the Wf episode you’ll see how we got here