Used to be a great company but constant layoffs - Anonymous employee Morningstar Employee Review

1.0
Jan 14, 2026
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Nice bonus and raise structure

Cons

Constant layoffs every 7-9 months, leadership announces we will have layoffs in the next 2-3 weeks wait to see if you’re impacted. High volume work all year round without any information from senior management No room to grow

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Morningstar Response
5mo
Thank you for your feedback. While several pieces of this review are inaccurate, we will address them to ensure transparency. We do not conduct layoffs on a 7–9 month cycle, and we work diligently to provide transparent details to our organizational decisions, strategy and overall direction. Professional development and personal growth are priorities at Morningstar. We invest in internal mobility, skills-based matching, leadership development, mentorship, and education benefits to support career progression. If you’re open to sharing specifics so we can follow up, please contact AskHR@Morningstar.com or use our established feedback channels.

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Pros

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Cons

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4.0
Apr 14, 2026
Recommend
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Pros

Really kind people work here, for the most part everyone I have worked with is smart and I have learned so much from them. There are great benefits: unlimited PTO, 6 week paid sabbatical is earned after 4 years of employment, 6 month maternity leave. Great location of an office. Great work life balance.

Cons

Not very competitive pay and it is easy to hit a ceiling in your career development. New HR policies are kind of strange, will not promote you unless you make enough money to be promoted which they designed the system to make it so you cannot go up. HR has also laid people off because they make too much money without considering the consequences of removing senior employees with unique/not stored intelligence vital to the company. They also hired a bunch of remote employees, then implemented a 4 day required in office rule no matter if you live states away from an office, which pushed hundreds of people to quit, not receive their bonus, and not require M* to pay them severance. It didn't use to be this way but the last year or so has been strange.

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