Wells Fargo is such a different company now under Schart. Managers don’t truly care about their teams. Last minute assignments. Nitpicking. Lack of employee engagement. Worthless middle managers that don’t do anything. Huge disconnect between India employees and U.S. Employee surveys but no changes just town halls that make it look like it for optics. It’s a $hit show. I don’t really know anybody that’s truly happy at Wells Fargo, just comfortable.
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Agreed. I joined WF in 2017 and the change in CEOs was not immediately noticeable, but boy oh boy did C.S. start up his chainsaw and get a pocket full of $$$
Managers have no agency or authority, so it's not surprising that some are disinterested.
Nitpicking is exactly what you get in a world where the outcomes from activity are negligible. WF could disappear today and accounts go elsewhere and nothing would be missed in the marketplace.