Washington Mutual

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

 

Morale problems

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Current Employee - Senior Project Manager in Seattle, WA
Current Employee - Senior Project Manager in Seattle, WA

I have been working at Washington Mutual

Pros

Decent benefits and the retail bank division is solid and something to build on

Cons

No senior management that made the strategy decisions that cause the enormous losses has taken responsibility nor lost their job but the employees on the low end that had no input and worked diligently are being layed off. This has caused morale problems. Also outsourcing of just about anything that can be is upsetting the work force.

Advice to ManagementAdvice

Take responsibility for decisions that cause the stock price to drop, during layoffs show that you are being affected as well as the folks on the ground doing the work.

Doesn't Recommend
Disapproves of CEO

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

Sort: Rating Date
  1. 1 person found this helpful  

    Good work/life balance; good field experience; terrible senior leaders

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

    I have been working at Washington Mutual

    Pros

    quality work life balance; good pay; good branch employees

    Cons

    terrible senior leadership; leadership incompetence; Kerry's poor leadership and lack of accountability

    Advice to ManagementAdvice

    Focus more on developing those of us in middle management positions; don't just give us orders.

    Disapproves of CEO
  2.  

    The reports of WaMu's demise are greatly exaggerated...

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Business Operations Analyst in San Antonio, TX
    Current Employee - Business Operations Analyst in San Antonio, TX

    I have been working at Washington Mutual

    Pros

    Money is good. People are great. Potential.

    Cons

    It's a bank, and these are not good times for banks.

    Advice to ManagementAdvice

    Centralize operations, streamline functions. You've already cut enough people. Now make your operations more efficient with the people you have.

    Disapproves of CEO
There are newer employer reviews for Washington Mutual

Work at Washington Mutual? Share Your Experiences

Washington Mutual

 
Click to Rate
or

Your response will be removed from the review – this cannot be undone.