Awful place to Work-welcome to the world of political correctness. No job security - Manager Wells Fargo Employee Review

1.0
Aug 11, 2020
Recommend
CEO approval
Business outlook

Pros

Pay is adequate as is PTO

Cons

The biggest issue is job security- it doesn’t exist at Wells. Every year you will anxiously wait to see if your position or line of business is to be eliminated. Wells Fargo recently hired a new CEO. The new CEO is pandering to the liberal PC crowd by intentionally “letting go” quality leaders to immediately fill those roles with token diversity hires. Wells Fargo has become a politically correct nightmare. If you are a white male- steer clear- they have made it now that you have privilege. In addition, the new CEO has bent the Q2 Earnings to for his narrative, showing higher than actual loss(by booking future projected losses that have yet been realized). This is an effort to support sizable layoffs that will occur q4 2020. Wells will use these layoffs to support a false narrative of their new an improved diversity ratios(which didn’t occur by hiring well suited minorities, rather by firing large amounts of existing non- minority team members)

Explore other reviews about Wells Fargo

5.0
Mar 18, 2026
Recommend
CEO approval
Business outlook

Pros

Great team and great help also competitive salary

Cons

not really much downsides but maybe the career projections

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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