Location Strategy - Anonymous employee Wells Fargo Employee Review

2.0
2 Mar 2024
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Some benefits have been good. Company tries to be inclusive, but is not consistent.

Cons

Company is pushing a "location strategy" that is a false narrative. The strategy is to only hire and retain employees in 8 hub cities as a way to force collaboration. At the same time, leadership has strategically expanded to India and Philippines and put aside severance funds for US-based layoffs. This strategy is not about collaboration.

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5.0
1 Jul 2026
Recommend
CEO approval
Business outlook

Pros

Good company to work with with good benefits

Cons

Could find some politics depending on your location

4.0
1 Dec 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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