2.0
Oct 11, 2012
Anonymous employee
Current employee, more than 1 year
Cleveland, OH
Recommend
CEO approval
Business Outlook
Pros
Good work-life balance Pockets of talented professionals depending on department/region, etc.
Cons
Culture is not transparent or inclusive, which makes it difficult to innovate and slow to market with products. Constant (every 12-24 months) reorganization involves lots of employee churn as the bank hires cheaper and cheaper resources. $150-$200 worth of cuts planned between July 2012 and Dec 2013. Significant leadership turnover, slow to hire leadership (for example, Talent Leadership position open for almost 2 years between 2010 and 2012). Advancement happens largely when favorites are "tapped on the shoulder" by leadership.