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      We are broke - Managing Director, Corporate Finance MITRE Employee Review

      1.0
      6 Sept 2023
      Managing director, corporate finance
      Recommend
      CEO approval
      Business outlook

      Pros

      The revenue bearing staff who show up every day to serve our sponsor missions

      Cons

      A lot of the reviews indicate MITRE’s culture is bankrupt. More alarming is that the current CEO has actually wiped out our cash reserves and borrowed $200+M to cover his continued ill-advised spending. At the expense of the revenue earning staff, cost cutting measures are just virtue signaling. Taking our trash cans away while hiring yet another VP who will likely require $100k in executive office furniture will not restore our financial standing. Firing the Level 4 who processed EEVs will not offset the tens of millions spent on vanity projects like Engenuity. If we applied actual fiscal common sense today, it will take years to restore our financial equilibrium if we last that long.

      avatar
      MITRE Response
      2y
      Thank you for providing your perspective as part of our MITRE team. For the last 6 decades, MITRE has been continuously entrusted to operate multiple Federally Funded Research and Development Centers on behalf of our nation’s government. We are immensely proud of the trusted partnerships we have built with our sponsors, partners, and our nation’s public, and our continued strong financial health allows us to actively prioritize investments in critical technical capabilities while supporting our world class talent, creating value as a national resource, and collectively working towards solving problems for a safer world.

      Explore other reviews about MITRE

      5.0
      28 May 2026
      Anonymous employee
      Recommend
      CEO approval
      Business outlook

      Pros

      Supportive leadership Interesting work Work/life balance

      Cons

      Searching for projects at times Funding challenges

      3.0
      23 Jan 2023
      Employee
      Recommend
      CEO approval
      Business outlook

      Pros

      Great diversity, quality of life and staff. Been with MITRE over 20 years.

      Cons

      Too many VP,s that are not held accountable. Company recently RIF'd 24 staff from FAA FFRDC, due to dropping gov't funding...yet company has significant number of VPs all sucking off of overhead. No attempt to manage money within the "leadership" ranks. Last year company went through a major business transformation...that failed...yet, VPs held staff accountable for reporting on a subpar system that lasted over 12 months. Could not even get business data to report to gov't for over 2 months, yet, person who was in charge of the business transformation is still at MITRE. If this happened to any other MITRE employee, they would've been gone. Oddly enough the person in charge of the business transformation is the CEOs brother. Amazing how that happens. He'll probably get a bonus because of his substandard performance. MITRE recently invested in opening up an office in Australia. All on company overhead. significant large numbers of VPs travelling out to "visit"...yet company has the audacity to reduce benefits as part of cost cutting measures. Company has now taken on a "for profit" mentality. It's all about delivery... so VPS and GMs can spend, spend, spend. Board of Directors should take a good look at what is happening and make some swift changes from the CEO on down. BOD should also implement an independent IG like entity to investigate what is seeming like waste, fraud and abuse by CEO, GMs and VPs. Time for the Fat Cats to get purged!!!

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