Look what’s happening in tech - irrelevant stats being used to stack rank people because the people in charge don’t have actual strategic ideas. Measuring keystrokes and then showing “improvement “. Lol. Butts in seats. If you don’t trust your managers to manage and your strategy to measure what matters you have more problems than coffee badging. All the mistakes people made at their old banks are coming here.
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@a9 You remember timeline better than I do. I do recall that cross-selling eventually became a dirty word.
I agree that WF before the merger with Wachovia was awesome! Great health plan and bonuses, as well as office comradery.
Bosses that cared, and could actually make decisions.
Even after the merger, it was good. Problems started with Stumpf and the whole accounts scandal. I had to live with being embarrassed to tell anyone where I worked. And to be asked if I had contributed to the scandal!! As if! I worked in IT and it didn't matter, we all got pasted with the bad rep.
Then the Fed restrictions...and you know the rest of the story. One big downhill slide. The new people starting today - still in their honeymoon status. They'll get woken up in short order. Starting with the bogus in-office and location requirements. Makes no sense, increases hiring costs as the bank is limited to a local market for hiring. D-mb. just plain d-mb. But, what do I know. I'm not getting the 50MM package that CS gets. Clearly....he's smarter than I am.....
@a5 i’m just saying it was more fun at WF before they broke the bank scandal, not to mention the big push for DEI. Don’t recognize WF, now.
I'll argue that WF was great long after the Wachovia merger. It was the account scandal that for some reason made the execs turn on the rank and file and started treating us like enemies.
I agree. I liked WF before the Wachovia merger. Unfortunately, most of the world doesn’t know what goes on behind the scenes. Front and center, keep the stock price up is what counts these days from what I can see.