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Dead place to work

Software Engineer
Former Employee
Worked at Wells Fargo for 6 years
October 30, 2023
2.0
Doesn't RecommendNegative OutlookDoesn't Approve of CEO
Pros

Work-Life Balance

One can become useless working at Wells Fargo India. You will get regular salary hikes and, if you are ready to be a stooge to the manager, you will get promotions too. But at the end, you will die a slow death professionally and morally.

Cons

Wells Fargo India has become a dead place to work.

Right from managers to senior technical staff, most are in survival mode. They have no interest in technology, just saving their jobs and earning salaries.

I have seen many ugly trends developing at Wells Fargo:

  • Ideas purposefully sidelined to slow down automation.
  • Caste bias.
  • Overemphasis on gender parity.

Another worst change that happened is Wells Fargo stopped being Wells Fargo but a copycat of JPMC. If JPMC does it, Wells Fargo Technology too will do it, regardless of whether it's required or suitable.

There is no transparency, no accountability at the manager level, and HR is invisible across the organization.

Senior management sets up town halls and meetings just to make their presence felt with useless and boring presentations. I can list many, but it would be a waste of my time.

Basic etiquette is not followed at the workplace. It's a noisy workplace where any work that requires focus is impossible to do. Most of the noisy discussions are not about work or technology.

Advice to Management

Wells Fargo has become a dead place. So much inertia has developed in the organization that rational thinking and genuine individuals who question the status quo and provide alternatives are systematically sidelined. This has become possible due to silos getting created at multiple places, with full powers given to managers and zero accountability. Instead of copying whatever JPMC does, it would be better to export Wells Fargo technology work to JPMC. It will save the stress and drama of the managers.

Additional Ratings

Work/Life Balance
5.0
Culture and Values
1.0
Diversity, Equity, and Inclusion
3.0
Career Opportunities
1.0
Compensation and Benefits
5.0
Senior Management
1.0

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