Thread regarding Wells Fargo & Co. layoffs

Why I left

The first two years that I worked at Wells Fargo were some of the finest years of my life, but beyond that point, things started to go from good to terrible for me there.
All new joiners quickly reached the conclusion that management did not care about them, and as a result, they began behaving in a manner that was congruent with their genuine natures.

In 2014, I was given the opportunity to start my career at Wells Fargo in the capacity of a business analyst. I was a cheerful new worker who was anxious to get my hands on a variety of various jobs as soon as possible.

Getting a better education was the first and most essential objective I had for myself.

Initially, there were no issues that bothered me. After some time, I came to the conclusion that the management does not bother with new employees, that they are uninterested in anything that we do, and that they are constantly complaining about our performance.

I came to this conclusion after observing how the management interacted with new employees - in many situations folks were overworked, not properly guided, verbally pressured, etc.

I was concerned about my ability to fulfill basic work requirements - nothing was good for the manager. After some time had passed, the individuals who were in charge of overseeing me lost interest in both the task that I was completing and in me as an individual.

They were so intent on bettering their personal situation that they paid very little regard to the well-being of their employees, which was a move that turned out to be a disastrous one on their part.

In a single phrase, they were preoccupied with themselves and the issues that were important to them. It's something that I'm still trying to wrap my head around; it's something that I'm not exactly sure how a firm that professes to embrace equality and inclusion can allow its management to operate in such a manner.

I'm still trying to wrap my head around it. Whatever the situation may be, I've settled on going into business for myself in 2020, and I couldn't be happier with that decision.

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| 1690 views | | 8 replies (last November 14, 2022) | Reply
Post ID: @OP+1jEbey8Y

8 replies (most recent on top)

When the failed Chase management team arrived, this place changed to a Chase wannabe place. People left Chase because they were sending jobs overseas and the same thing is happening here.

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Post ID: @3slm+1jEbey8Y

I worked on risk team for two years. Had to leave the company due to unclear goals, high turnover and incompetent management.

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Post ID: @1ipa+1jEbey8Y

Oh its not just NEW employees. Management feels that way about ALL the employees. At least in my area and the areas with which I interact.

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Post ID: @1xts+1jEbey8Y

What I've observed as a contractor on my third WF gig is that the investment in people, infrastructure, applications, and equipment across the board is what is really at issue here. Most departments are overwhelmed. Most managers are overwhelmed. Most employees are just trying to keep from falling too far behind.
I'm surprised they hired a CEO known for slash and burn cost cutting after the scandals. It's counter intuitive to solve internal problems whether they are people or equipment. And I have know idea what they're doing with Risk and Compliance.
It certainly seems like they have the wrong people in place to fix the asset cap and improve bank operations.

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Post ID: @1dun+1jEbey8Y

Sounds like you just had some poor managers. Good on you for starting your business

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Post ID: @yxw+1jEbey8Y

Congratulations on going into business for yourself. If you become very successful, then terrific. If you don’t, then you left a 9 to 5 job for a 5 to 9 job.

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Post ID: @bxg+1jEbey8Y

Actually, this former team member realized that management does not have a goal to promote and retain their direct reports. Let’s just face it, I noticed these new behaviors shortly after the Wachovia merger.

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Post ID: @fgg+1jEbey8Y

This is a long thread.

It can be TLDR'ed as follows:

  • I joined wells in 2014 as a business analyst
  • I quickly relized management sucks
  • I left the company in 2020
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Post ID: @snn+1jEbey8Y

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