Is Iselin any safer from layoffs and/or toxicity? Asking because I'm at a competitor bank and considering a Director role within the Technology space, since the pay is better, the commute is infinitely better but reading the posts here, it seems its all gloom and doom at WF (which is the same situation my my firm's layoff board)
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@ee “THOUSANDS OF EMPLOYEES ”. Nope. Do the math. It’s over 100,000.
@OP My only advice is to Run As Fast As you can from The Fargo. 25 years + and counting. Waiting for retirement.
Run, run, run…
Depend on if you are Indian or if you are willing to bootlick Indian
You will feel like it's India when you work in Iselin. They only hire their own.
This entire thread is hilarious. OP is about to walk into a toxic dump run by serpents and has no idea.
@av it's only 2-3 years old. Brand new basically.
@dx OP here..nah, not at JP but at a bank that is better known by its acronym Sh1tty than by its real name which is a disgrace actually
@ OP with the shorter commute time, you'll get to the worst place to ever work even quicker! Then they'll make RTO 5 days in office. Shortly after that, they'll term you and send your job to Bangalore. It has happened to literally THOUSANDS OF EMPLOYEES that came before you, and it will happen to you too. You have been warned. no cryin' when this happens to you!
@ae wake up, regulators do not hold power under our current Administration. Trump et. al. do not care about American jobs going to India. if they did, this messed would have at least slowed down. they dont.
@c9 Tech has also has been a dumpster fire for years, and will continue to be a dumpster fire until these "Leaders" get held accountable and feel some karma. This isnt getting better anytime soon
@at you aren’t getting promoted at WF. Ugh people still fail to realize how messed up everything is here. Promotions lmao yeah right
@d5 OP THIS is the post that you need to read. WF demonstrates regularly how much they do NOT care about the employee experience. You will regret taking a role working here after a month, and your career here will end when they either send your job to India and term you. And the WF’s fancy new approach is terms with no severance so they love leaving employees for dead. Happens every two weeks at minimum!! Read up here, lots of truth on this board after weeding through the general negativity (that is also the culture at WF). F this place I hate it here so much ! Same goes for Charlie, Scott Powell the reaper, and Ikene the villian CAO. These are not good people
@at swing a promo?
You obviously haven't read other threads. Promotions do not exist unless you're brought in by someone who is powerful enough to be grooming you for it.
@OP
You another JP castoff?
We get alot of those.
You will regret joining Wells Fargo. This place is horribly toxic and employees are NOT valued. Don’t get su-ked into this mess by the $$ …….it’s not worth your health and career, both of which will suffer if you work here.
Tech is currently a dumpster fire.
It's 18k vs 12k now, and other than COO tech is usually the #1 LOB for downsizing. Majority is a matter of time scenario.
Am a manager in tech here on my 4th year. It is pretty bad but bearable. Most of the complaints on this board are accurate to a point but overblown by individuals with limited experience outside of this one bank and some entitlement issues, but the paranoia is justified. It will really depend on who you are reporting to. There are no good senior leaders in the top half of tech. They do not understand technology or banking and want to be in the middle of everything proving they are in charge. They turn alot of things into fire drills - mostly fires they set. They do not trust anyone and spend a lot of their time setting traps and playing gotcha. But they take a lot of time off and travel around playing on the corporate dime and holding town halls and all hands meetings like every other week and that keeps them out of the way some of the time. They do a lot of questionable hiring and do not value their directs or anyone who works for them. The more I talk through it, maybe it is not the bearable. But as a director the pay is good. If you care or want a fulfilling job , this one will burn you out.
@as Oh they did? I see. Metropark would be a nice 20 min drive for me against traffic one way...tops 30. Compared to the nightmare NYC commute I do right now 3 times a week
@ad 5 years is plenty long especially if I can swing an MD promo but oh well...also not sure if there's someone already decided for the role and it's being advertised for compliance tick the box. Seems to happen a lot at the GSIB banks
Tech at Metropark should be around for years (10-15?). They are kicking a lot of people out of NYC and the default is Metropark. They just built it and put tons of money into it.
Tech is toxic AF, 20 plus year tech employee and has only gotten worse each year. Proceed with caution!!
Iselin is not safe for Corp Risk. Tech is fine but not ideal.
@ad - can't imagine regulators will just allow a majority of jobs in India
Iselin will be around for a while longer. If the pay and commute is better, I'd do it, just recognize that it's not a long term play. If Shart gets his way, tech will be a service provided by India and the domestic side will slowly go away. I wouldn't count on the job existing in 5 years, but if that's long enough, go for it.
Just know you're signing up for the 7th circle of he-l. Beyond that, good luck!
Location has nothing to do with toxic environment. People in your chain of command and your peers do that.
Your entire job is going to be telling people to do more with less, and creating decks that show job functions being removed. If that's your wheelhouse, go for it.