1.0
Feb 9, 2013
Current employee, more than 3 years
New York, NY
Recommend
CEO approval
Business Outlook
Pros
Good and robust technology infrastructure
Cons
Company has an upper level management that manages technology with little understanding of what they are managing. Most managing directors have not done anything hands-on in years. There's any army of PMO people who are highly paid to ensure that allocation are done properly. The focus is on how to save money by outsourcing to India and reducing headcount. One of the highest level Managing Directors in technology was a lawyer who barricades himself in his corner office. Much of the IT talent has fled. Very hierarchical, almost with military rigidity. The place has become so cheap that they cut out bagel Fridays, even though most of the cost was covered by employees anyway.