Decent benefits, but poor career development and layoffs - Lead Financial Crimes Officer Wells Fargo Employee Review

2.0
Jun 25, 2026
Recommend
CEO approval
Business outlook

Pros

Decent benefits, 401k, PTO, tuition reimbursement.

Cons

Career development has been non-existent for the past 6 years as the company has focused on external hiring vs internal promotion. Most job postings are formalities and the hiring managers already have a candidate chosen. No profit sharing since 2019. Many loyal employees have been laid off due to ‘geographic location strategy’ over the past 3 years, however, exceptions were made to keep some employees in same locations where others were laid off.

Explore other reviews about Wells Fargo

5.0
Jun 15, 2026
Recommend
CEO approval
Business outlook

Pros

Good place to work as developers

Cons

I don’t see any cons

4.0
Dec 1, 2014
Recommend
CEO approval
Business outlook

Pros

Benefits (but cost creeping up and coverage creeping down each year), Good Morale Both Management and Coworkers, and Honestly a Great Company.

Cons

Cross Selling is the only focus now, firing employees who are great at their job in every area that should matter but if the cross selling results are not meeting the ever ridiculous quota (which continues to rise) than you may not have a job next month. Expectation for customers to say yes to cross selling, leaving you with no real control of your job security. Stress!

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