Carrie T and Charlie are responsible for creating this toxic culture.
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I honestly feel like I made the worst possible decision to start my career through the early careers "technology program". Wells Fargo lures in young workers by misrepresenting roles as software engineering and data analytics focused, and then places them into roles doing basic reporting/maintenance using legacy tools and no coding. Then, if they question this, they're told by management that "you don't understand what software engineer is".
In the interviews I do get, even the hiring managers/recruiters have been shocked at how far behind Wells Fargo is technology-wise. And many aren't shy about expressing their true feelings about this place. The Wells Fargo name really is a resume ki-ler.
I'm in the process of interviewing for a totally different industry now, and the only reason I got the interview was because I knew someone. If this doesn't pan out, I might just quit and go back to school because I feel like staying here any longer is actually more detrimental to my career/skill-set than leaving.
With some humor, I remember people arguing this back in the 2000s when people had left for dot coms. Those were actually the good times for WF, then the recession hit, and Kovacevich was forced into a Godfather deal with the Fed to take Wachovia. That merger was the actual watershed. 2009-2016 saw competing talent, depts, projects and systems languish… then the scandals came to light. Anyone that stayed on board after 2020 began to realize that WF looks terrible on a resume. The brand is synonymous with negativity in a plurality of ways - and among those: they are years behind everyone else on tech advancement. WF employees don’t have marketable skills and system experience needed for many jobs out there, and this impacts outsourced workers too. How many depts are still using powerpoint in meetings and making decisions based on spreadsheets? All of them, haha! There’s your reality and history lesson.
What does RCSA have to do with it?
Depends on the LOB. In retail it was when 8 is Great came along. For most other LOBs it was when Shart did. F that POS.
Just quiet quit until you get laid off or find a better job. Don’t worry too much about this place, it’s largely unimportant in the grand scheme.
You and I stop being valuable when companies use H1b visa workers to supplement US labor.
Remember the old times when companies train and invest in US workers?
RCSA pushes any good employees who are close to retirement, a reason to go. Looking back, probably would have been easier and cheaper to hire third party to do ALL the RCSA workshops, and let the workers go back to work, but we we'll never know. Best of luck WF buddies!
When McKinsey was brought in to consult: https://www-consultancy-in.cdn.ampproject.org/c/s/www.consultancy.in/news/amp/4168/young-mckinsey-consultant-commits-su----e-due-to-work-pressure
2016 when the sales scam was brought to light.
Appalling memories of nice older tellers in Rural Virginia just being reamed on a twice daily sales check in call.
The ba----d that tan the MD retail bank, AB, was the worst.
The day the fake account scandal hit the press. Before that the smoke and mirrors held up pretty well.
Lotta people just hanging on, ready to be let go. Giving zero effort. Should allow voluntary severance with approval
When Chucky took over
Wells Fargo is not a quality firm so I am unsurprised.