It's not a competitive place to work. The problem is that people who are aggressive but not competent make it to manager/team lead/director positions. Then, in those positions they make manipulatable employees or consultants do all the hard or boring work while they just ride the wave and take all the credit with the higher ups.
People seem generally to spend a huge amount of energy defending their own little spheres of influence. There's a lot of cover your ass emails due mainly to all the in-house fighting between groups run by the aggressive incompetent managers.
The company started a process team to establish a project management process a few years back. The person, who somehow got promoted to lead that job, creates processes without ever consulting people who have done project management for decades. Then he tries to scare everyone into following the process and says things like "If you don't want to do it, just tell Bill why you don't want to do it. Here's his number." Bill is the company's COO.
Human Resources is filled with inexperienced morons and one day they will be experienced morons. They have no clue how to guide developers up the career ladder - mainly because they haven't created a clear career path for positions in the company. Also, there's a lot of tension between the older generation and the younger generation of workers and HR is doing nothing about it..
There's so much accounting misrepresentation. Project Managers use charge codes like monopoly money to keep track of project costs. There's little goverance over that. The reality is that if dtcc had competitors, it would go out of business within months.
A lot of the company's disfunction comes from the fact that it's practically a monopoly in most of the businesses it's in.
The company is very top heavy.
