Terrible environment that good employees should avoid at all costs - Portfolio Manager PIMCO Employee Review

1.0
21 Oct 2012
Recommend
CEO approval
Business outlook

Pros

The company has name recognition in the industry. It has created a sophisticated conveyer belt where job functions are highly specific creating a machine where nobody is required to think broadly, but the machine can run relatively smoothly nevertheless.

Cons

I have come across some of the most morally corrupt people ever in this place. The culture is one of individualism at all costs. A large portion of employees are motivated solely by personal interests, at the expense of co-workers, subordinates and even clients. The business model includes hiring from outside at all costs rather than promoting from within. The growth of the firm is telegraphed to incoming employees as being a huge opportunity to grow, however the marketing message associated with hiring from outside trumps all. "Look how strong we are - we are always hiring". Meanwhile that is made possible because of heavy turnover resulting from frustrated employees leaving. This firm really has become more of a marketing firm than a legitimate investment business.

Explore other reviews about PIMCO

2.0
1 July 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

good company and brand name recognition

Cons

bad culture, hierarchy, limited to no upward mobility

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