Alliance Data company review - Anonymous employee Bread Financial Employee Review

1.0
Oct 28, 2019
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Gave the impression of wanting to improve internal talent, which was also a lie, underpaid employees in key areas such as Information Security and Application development.

Cons

With no warning whatsoever, upper management laid off over 300 people with no explanation given. Their goal is to expand their foreign office so they can just outsource anyone in the States who works for them. Management gives no direction or feedback about what team members should be doing. Stock has gone consistently down since the new CEO took over, as well as underpaying people in critical areas. If you want somewhere that values work you do and won't dump you office for the sake of the bottom line at the first opportunity, then work elsewhere.

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Bread Financial Response
6y
Thanks for taking the time to leave us a review. Alliance Data recently 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.

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