Washington Mutual

  www.wamu.com
  www.wamu.com
There are newer employer reviews for Washington Mutual

 

WaMu overly process driven

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Former Employee - Vice President in Seattle, WA
Former Employee - Vice President in Seattle, WA

I worked at Washington Mutual

Pros

Good culture, very nice people.

Cons

Overly process-driven; too many meetings; too many Powerpoint decks. Senior managers utterly lacking in courage to make unpopular decisions or take chances.

Advice to ManagementAdvice

N/A

No opinion of CEO

353 Other Employee Reviews for Washington Mutual (View Most Recent)

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  1.  

    Good opportunity

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee in San Leandro, CA
    Former Employee - Anonymous Employee in San Leandro, CA

    I worked at Washington Mutual

    Pros

    opportunity for growth and advancement

    Cons

    numbers driven and goal oriented

    Advice to ManagementAdvice

    keep it up... focus on behaviors not numbers

    No opinion of CEO
  2.  

    Too little much too late

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Vice President in New York, NY
    Former Employee - Vice President in New York, NY

    I worked at Washington Mutual

    Pros

    The WaMu I knew had a long, proud history of serving its communities, customers and clients. While it was in business I was proud to work there.

    Cons

    WaMu's senior management utterly destroyed the bank. Between 2007 and 2008 the company stock slid from $40 down to 10 cents as it imploded, its assets ultimately sold to JPM at firesale prices by the federal government.

    Advice to ManagementAdvice

    Too little much too late. They presided over one of the greatest examples of the destruction of shareholder equity in the history of capitalism. On the flip side after this performance it should not be hard for any of them to actually improve as managers.

    Doesn't Recommend
    Disapproves of CEO
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