Bad investment performance => excessive cost cutting and unstable spending in the IT organization - Anonymous employee GIC Employee Review

2.0
Jul 22, 2025
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Competitive compensation. Good benefits. Trying to do things right. Relatively modern tech stack.

Cons

Over the past years the budget direction and IT strategy have changed course drastically a couple of times. Years of huge expansion followed by massive outsourcing followed by in-sourcing again and now they are cutting cost again. Talks about accountability but it is missing at senior levels. Security is taking every team's resource for free and there is constant outcry of resource shortage but yet things just get worse. Recently the cost cutting and restructuring (layoff in disguise) has intensified because of senior management changes. That caused a lot of harm rather than help to the foundations of corp service departments. Problems are still there, a lot of turnovers causing knowledge loss and disruptions to ongoing work, and the change of IT leadership again (to non-IT people) means there may be another major turning of IT direction. Fundamentally, its investment performance has not been great, so operating cost is under scrutiny. Look at investment companies that are doing well - they keep expending - getting good people and keep them there. GIC did not do a good job in this regard.

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5.0
Jun 7, 2026
Recommend
CEO approval
Business Outlook

Pros

Great company to work for. They pay above fairly, people are friendly and benefits / employee life - work balance is amazing.

Cons

No cons.No cons. no Cons.

1.0
Jul 6, 2026
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Good vision, good talent (under bad management), market rate compensation

Cons

​Incompetent Leadership: Constant, chaotic reorganizations driven by new senior leads looking for short-term wins rather than sustainable engineering. ​Tone-Deaf Management: Townhalls are heavily curated to ignore genuine feedback regarding burnout and management debt. ​The "Silent Layoff" Strategy: Mass PIPs and aggressive performance grading are being used to quietly trim headcount, destroying team morale. ​Inefficient Ecosystem: Paralyzing security and risk processes block execution at every turn, while engineering teams are expected to run at 200%+ capacity. ​Inefficient HR: A heavy layer of senior HR personnel who offer zero practical guidance, zero empathy, and zero worker protection.

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