Terminated in unison. - Anonymous employee Bread Financial Employee Review

1.0
Oct 24, 2019
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

It was good for the first three years, the last two not so much. I was one of the 300 employees that got terminated on Wednesday. Roughly 40 people received a mandatory meeting request around 1pm for a 2pm meeting on Wednesday. All of us, one room, terminated in unison. So gutless, faceless, coward move. So many others been there longer than me too. I’m sure more to come. I feel bad for the people still there, working in fear. On to the next one...

Cons

Cash rules. Keep pumping that work off shore.

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Bread Financial Response
6y
Alliance Data has made the difficult but necessary decision to eliminate approximately 300 positions across our cards services business. This decision will ensure we are a more appropriately sized and structured organization, as part of our ongoing effort to streamline and simplify our business model. We are grateful to all our associates for their service, and wish them the best moving forward.Alliance Data has made the difficult but necessary decision to eliminate approximately 300 positions across our cards services business. This decision will ensure we are a more appropriately sized and structured organization, as part of our ongoing effort to streamline and simplify our business model. We are grateful to all our associates for their service, and wish them the best moving forward.

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