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Toxic, low-maturity environment with an ancient technology stack

Principal Engineer
Current Employee
Has worked at Wells Fargo for 4 years
March 19, 2024
2.0
Doesn't RecommendNegative OutlookApproves of CEO
Pros
  • Good people
  • Significant technology challenges
  • Competitive compensation
Cons

STRICT in-office expectations with conflicting messaging. Low merit increases. Internal mobility will limit ambitious engineers. Bad work-life balance. “It’s technology, what did you expect?” unspoken expectations of 50+ hr weeks. Constant bi-weekly layoffs. Incredibly low morale, which leads to a me-first culture. Manager-based quotas for performance reviews. Have a high-performing group? Nope, x% are "needs improvement"… tough. No management accountability. All of us in technology know the revolving door at the top. Failure leads to new opportunities for the well-connected. Internal jobs are posted for hiring managers' favorite people. They're mostly posted for the illusion. Fewer doers, more directors and juniors. The middle and senior engineers are selectively being displaced for juniors and international employees, leading to burnout. High control, low trust environment leads to very immature teams with constant fire drills.

Additional Ratings

Work/Life Balance
1.0
Culture and Values
1.0
Diversity, Equity, and Inclusion
5.0
Career Opportunities
1.0
Compensation and Benefits
4.0
Senior Management
1.0

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