The Worst Company I Ever Worked For - Consultant ION Group Employee Review

1.0
11 Jan 2018
Recommend
CEO approval
Business outlook

Pros

I can honestly say that the only Pro was the office views.

Cons

There are a lot of CONs to this company... hence why it was the worst company I've ever worked for... For one, I worked at Reval which is a Treasury Management System (TMS) that got acquired by ION Group. When we found out that we were acquired by ION, there was a sense of panic amongst the team - not because we were being acquired but because we were being acquired by ION. There were rumors that ION acquires companies and basically guts them (no promotion, no raises, no bonuses etc.)... When we came over to ION, the CEO (Andrea Pignataro) never welcomed us or even addressed us. In fact, the people that were already at ION did not even know what was happening until the day we moved in (apparently they laid off a bunch of their employees to make room for us). Slowly, people from the Reval team began to leave 1 by 1... We were promised promotions and raises but after the turn of the year, nothing ever came. Apparently, they were being reviewed by the CEO who never gave us an answer. Months go by and people try to stick around with the false hopes that we'd get the promotions/raises that we deserved. After a YEAR goes by, still no answer. Now, the management team of Reval begins to leave and that's when you know it's hitting rock bottom. There was absolutely no communication from upper management. And from the looks of it, it seemed like they really didn't care that people were leaving. They made no attempt to retain any sort of talent. If you're looking to join the ION team, please don't. Save yourself. You will sit at your desk regretting the decision to join this company. If you're part of a company that was acquired by ION, start looking for a new job. Don't believe the things they say about the smooth transition into ION nor how things are going to stay the same. They won't. We were fed the same story... Also read the reviews for ION Trading. You can also read the reviews of the companies that they acquired - Reval, Wall Street Systems, Treasura, Triple Point etc. For the love of God, stay away from this company. I would not even recommend this company to people I hate...

Explore other reviews about ION Group

5.0
13 Apr 2025
Recommend
CEO approval
Business outlook

Pros

Good culture, flexible career options, work-life balance

Cons

A little difficult to pivot into different teams

1.0
4 June 2026
Recommend
CEO approval
Business outlook

Pros

Wonderful colleagues for 10 years until TPTB gutted the staff.

Cons

Decades long employees being fired in less than 4 minutes with zero warning during a work day. Heartbreaking to watch the company just turn their backs on all SMEs for entire systems. HR is not set up for employees, it is set up to protect the company. If you have a problem with the job, hire an attorney

4
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