Lehman Brothers
3.5 of 5 178 reviews
www.lehman.com New York, NY 6 to 15 Employees

Lehman Brothers Reviews

Updated Apr 08, 2014
All Employees Current Employees Only

3.5 178 reviews

                             

44% Approve of the CEO

Lehman Brothers CEO Richard Fuld Jr.

Richard Fuld Jr.

(16 ratings)

64% of employees recommend this company to a friend
178 Employee Reviews
Relevance Date Rating
in

Review Highlights

Pros:
  • "Management was fair in providing vacation days when necessary to provide a good work/life balance"
    in 13 reviews
  • "Ahead of other investment banks in promotion of women"
    in 15 reviews
Cons:
  • "Managers show no sympathy for junior people for working ultra long hours"
    in 18 reviews
  • "Towards the end there was morebegoninvolved by he senior management and that led to the rims downfall"
    in 14 reviews
  • Show more review highlights

Reviews

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • No Opinion of CEO

 

Company is downsizing.

Anonymous Employee (Former Employee)

I worked at Lehman Brothers full-time for more than 3 years

ProsNot much. Firm is closing down as soon as they can.

ConsLow morale. Even if you want to do something good some old-minded folks will shut you down.

Advice to Senior ManagementInstill some culture, enable ideas even if you are closing the company.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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Investment Banking

Anonymous Employee (Current Employee)

I have been working at Lehman Brothers

ProsGreat firm. It's a shame it went bankrupt.

ConsNo major cons at all.

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1 person found this helpful  

Review

Associate (Current Employee)
London, England (UK)

I have been working at Lehman Brothers full-time for more than 3 years

ProsGreat unique career experience, the bank invested a lot of time in their staff and the compensation was good. A lot of excellent people professionally and socially.

ConsObviously the firm going into administration, the job could no longer be guaranteed and the workforce was wound down. This had a negative impact on the atmosphere.

Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company

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  • Culture & Values
         
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  • Disapproves of CEO

 

it is over!

Financial Consultant (Former Employee)
Boston, MA (US)

I worked at Lehman Brothers full-time for more than 3 years

Proslearned how to make money and appreciate savings

Conscompany went down the drain. Know who is steering the ship!

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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  • Culture & Values
         
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  • Disapproves of CEO

 

Great while lasted

Analyst (Former Employee)
New York, NY (US)

I worked at Lehman Brothers full-time for less than a year

ProsReputation was good until... you know

ConsHours were not the best

Advice to Senior ManagementStay in business

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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Great Experience

Associate (Former Employee)
New York, NY (US)

I worked at Lehman Brothers full-time for more than a year

ProsGreat people, challenging environment with career growth opportunities and strong mentors!

ConsLack of work life balance

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  • No Opinion of CEO

 

I work for Lehman Bros.

Aviation (Current Employee)
New York, NY (US)

I have been working at Lehman Brothers as a contractor for more than 3 years

ProsMoney, Location, Culture, People, great team

ConsBankruptcy, Long hours, management too aggressive with risk, greed, and cut-throat policies

Advice to Senior Managementtoo late for that

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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  • No Opinion of CEO

 

analyst / structuring

Analyst (Former Employee)
New York, NY (US)

I worked at Lehman Brothers full-time for more than a year

Prosgreat people, gave lots of responsibility early on

Conshard to move laterally between desks

Yes, I would recommend this company to a friend

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Working at Lehman

Anonymous Employee (Former Employee)

I worked at Lehman Brothers

ProsMoney, Location, Culture, People, Hours

ConsBankrupt, Hours, Culture, CEO, Executive Management

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  • Approves of CEO

 

What-a-firm! RIP

Analyst (Current Employee)
Mumbai (India)

I have been working at Lehman Brothers full-time for more than a year

ProsWorld class, top tier firm

ConsDoesn't exist anymore :( according to some people ;)

Advice to Senior ManagementMake a comeback guys <3

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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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 178 reviews are posted anonymously by Lehman Brothers employees.