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Toxic Environment, Doesn't Care About Employees

Software Engineer
Former Employee
Worked at Wells Fargo for 20 years
April 1, 2022
1.0
Doesn't RecommendNegative OutlookDoesn't Approve of CEO
Pros

There are some good people there that haven't left yet.

Cons

Does not promote from within; prefers to hire outside of the company. There is no clear path for promotions, and they are not talked about. You get pigeon-holed and forgotten about. Applying internally for other positions is a waste of time, as you won't get a response of any type. HR doesn't seem to exist. Communication is horrible. Management only doles out the minimal amount of information as it is needed. There is lots of backstabbing, so always need to CYA. Teams do not work cohesively. Management gives entire teams bad ratings, contrary to what was being said all year. They give a generous 1 to 2% raise if you do get a good review. Employees are not treated as assets but more like contractors, where they will get rid of you on a whim. I saw several people with 20+ years of experience and knowledge suddenly let go without warning. My recommendation would be to never apply here, ever.

Advice to Management

Wells is not what it used to be. It's been on a downward spiral the last few years.

Management is hiring outside people who don't have a clue and then get rid of the employees that have been loyal to the company and know what is going on.

Additional Ratings

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

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