Glassdoor is your free inside look at Lehman Brothers reviews and ratings - including employee satisfaction and approval ratings for Lehman Brothers CEO Richard Fuld Jr.. All 154 reviews are posted anonymously by Lehman Brothers employees.
60% of the CEO
Richard Fuld Jr.
Former Employee – worked at Lehman Brothers full-time for more than 3 years
Pros – Encouraged innovation throughout the organization. Empowered employees to make the firm better. team atmosphere.
Cons – Bankrupt, no longer in business
Advice to Senior Management – Should have sold to KDB
No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company
2013-05-11 12:14 PDT
Former Employee – worked at Lehman Brothers full-time for more than a year
Pros – Great people. Great team-work culture. Great fixed-income research franchise, such as Lehman Indices and POINT.
Ex-Lehman employees still gather on 9/15 every year to remember the good times.
Cons – No longer exists. Failed to get bailed out
Advice to Senior Management – Start over
Yes, I would recommend this company to a friend
2013-04-23 09:56 PDT
Current Employee – been working at Lehman Brothers as an intern for more than a year
Pros – Smart employees that are willing to teach you everything they know
Cons – dying company with no future
Advice to Senior Management – none
No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company
2013-02-24 15:48 PST
Former Employee – worked at Lehman Brothers as an intern
Pros – This company no longer exists.
Cons – Unfortunately, this company no longer exists.
2013-03-19 11:54 PDT
Former Employee – worked at Lehman Brothers full-time for more than 8 years
Pros – - Positive work environment
- Supportive colleagues
Cons – - now synonymous with banking failure
2013-02-11 12:40 PST
Former Employee – worked at Lehman Brothers full-time for more than 3 years
Pros – nice culture, great environment , friendly people
Cons – bankrupcy and so and so and so, but over all bankrupcy
Advice to Senior Management – create a new company
No, I would not recommend this company to a friend
2013-01-29 08:12 PST
Former Employee – worked at Lehman Brothers
Pros – great people to work for at Lehman
Cons – bad management system at Lehman
No, I would not recommend this company to a friend
2013-02-01 13:17 PST
Former Employee – worked at Lehman Brothers full-time for more than 3 years
Pros – Lehman had a challenging, albeit cut throat, dog-eat-dog environment. It had great expense reimbursement, held costs down while allowing you to travel like a king.
Cons – Well, it went down the tubes due to stupid real estate investments and pretty much took the whole US economy with it. So that's how Lehman will be remembered, instead of as the American Economic Engine that is was for 158 years...
Advice to Senior Management – Too late now for advice.
No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company
2012-12-01 08:57 PST
Former Employee – worked at Lehman Brothers full-time for more than a year
Pros – I was in the Operations Analyst program for the full 2 years and it was a great program. We were given books and classes about various financial topics, there were always networking events, and there was a solid structure for moving into a management role after the program was finished.
Cons – Some of the program was disorganized, but that's it.
No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company
2012-11-25 17:07 PST
Former Employee – worked at Lehman Brothers full-time for more than 3 years
Pros – It's a job. It pays the bills and to be honest remuneration is not that bad given the market conditions. In addition, if you like to doss around, this is great for you as there is not much work on
Cons – No progression - you work yourself out of a job. Management is rude, confused and only concerned with maintaining their positions / status quo. No real work to do
Advice to Senior Management – End this charade as soon as possible
2013-01-04 07:17 PST
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