Fatal spin off from KPMG - Senior Manager BearingPoint Employee Review

2.0
14 Aug 2014
Recommend
CEO approval
Business outlook

Pros

Because of KPMG's solid reputation, BearingPoint didn't have to prove itself as a viable vendor to buyers of Management Consulting services and Systems Integration services. Entrepreneurial culture allowed for, and supported, development of new service offerings.

Cons

BearingPoint executives failed to understand that, by going public, the financial performance expectations/demands of Wall Street would be significantly different from the financial performance expectations of Partners. Horrible internal systems prevented reliable monitoring of financial performance at all levels - from the individual project level to the overall firm level.

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BearingPoint Response
10y
You refer to a different company, namely BearingPoint Inc. Our company, BearingPoint headquartered in Europe, has been a separate legal entity and conducted a management buyout in 2009. Its development since then is very positive, see our Annual Report: http://www.bearingpoint.com/en/about-us/annual-report/

Explore other reviews about BearingPoint

5.0
25 May 2025
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

I loved working there when I did.

Cons

It had too much debt in the end.

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BearingPoint Response
1y
Thank you for your review. You refer to a different company, namely BearingPoint Inc. Our company, BearingPoint headquartered in Europe, has been a separate legal entity and conducted a management buyout in 2009. Its development since then is very positive, see our Annual Report: https://www.bearingpoint.com/files/BearingPoint_Annual_Report_24.pdf
1.0
3 Apr 2025
Recommend
CEO approval
Business outlook

Pros

Good pay, good location, other employees are good to work with.

Cons

This organization is deeply mismanaged. The four U.S. partners are consistently at odds with one another and unable to collaborate, often dragging employees into their conflicts. The lead U.S. partner regularly makes inappropriate, sexist remarks, despite being a father to daughters, creating a hostile environment. Employees are encouraged to report issues to HR, but concerns are routinely dismissed, and no meaningful action is taken. Speaking up only puts a target on your back, several employees who voiced concerns were included in subsequent rounds of layoffs. The global leadership team is fully aware of the ongoing dysfunction, especially at the partner level, yet chooses to ignore it in favor of their own career advancement. This lack of accountability at every level makes for an incredibly toxic and demoralizing workplace.

6
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