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Can't make decisions; need to revamp technology

Engineering Manager
Former Employee
Worked at Wells Fargo for 20 years
November 1, 2021
Charlotte, North Carolina
3.0
Doesn't RecommendNeutral OutlookDoesn't Approve of CEO
Pros
  • I worked with people who really wanted to do the best thing for the customers.
  • People who really understood how the business works.
  • Scale and size to make industry-changing models.
  • Did things that
Cons
  • Technology and tools are way behind; and trying to get permission to adopt not even cutting edge (Slack for example) is impossible.
  • Someone makes a mistake, and a process is added to make sure it does not happen again. The problem is you end up with way too much overhead.
  • Risk trumps literally anything.
  • Can't make decisions. It took 3-plus years to choose a public cloud vendor, and that decision was 180 degrees the opposite of the direction from the year before.
  • If you worked for Wells before 2018, your chances to get promoted are almost none. The new management chain is 100% Chase-based.
Advice to Management

The actions and words don't match at all. Not even close. Good people are "retiring" left and right; many are then working next week for someone else. When the company goal is to make a head count number, then everyone will act in their own best interest. Technology folks did not have anything to do with the mistakes in corporate but are bearing the brunt of the cuts.

Additional Ratings

Work/Life Balance
3.0
Culture and Values
2.0
Diversity, Equity, and Inclusion
3.0
Career Opportunities
2.0
Compensation and Benefits
4.0
Senior Management
1.0

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