Pros
Overall, not the place it used to be. 1) Total comp with Shares still good. 2) -Smarter people compared to other financial firms where I've worked. 3) Company historically invests in technology, with fewer short-term budget cuts vs. public companies that pull project funding every single quarter. 4) Layoff comp and process generous compared to other financials. My previous employer immediately escorted people out and cut off system access after layoff notification, paid less severance.
Cons
I burned out and quit due to: 1) Frequent reorgs. Had 4 managers one year; 2) Overboard on meetings - most of day on Zoom, work at night; 3) Redundancy given squad model. One area doesn't know what other is doing; 4) Agile/scrum too rigid - though maybe changing with the layoffs; 5) Overboard with DEI, political correctness, promoting inexperience. So March 2024 layoffs unfortunate but not surprising. The company overhired and overpaid.