Gone down since new CEO came in - Risk Management Wells Fargo Employee Review

1.0
May 27, 2021
Recommend
CEO approval
Business Outlook

Pros

Great benefits, a lot of time away from work options, tremendous DE&I efforts, great investment in many major city communities (US and international).

Cons

Available US work locations, poor tone from the top, "do more with less" attitude from management, inability to move around in career due to new location strategy of only about 15 cities in US eligible to work in. Constant fear of being laid off due to not living in one of the location strategy cities or always worked from home (which this option will be going away for many folks). There is a reason our CEO has the nickname "Chainsaw Charlie". He is at least living up to that. Technology is seriously lagging even though there are "grand plans" for all sorts of enhancements. Focus is more on "centralizing" and "streamlining" versus what is best for an employee, a team, group or the firm.

Explore other reviews about Wells Fargo

5.0
May 30, 2026
Recommend
CEO approval
Business Outlook

Pros

good company overall the pay

Cons

the pay is low, could be better

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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