1.0
Feb 18, 2015
Former employee, more than 10 years
Recommend
CEO approval
Business outlook
Pros
1) Better than being unemployed. 2) You'll be much more appreciative when you get a good job
Cons
Despite having a commendable value statement ('the credo'), this business only values money. Staff, customers, compliance with banking regs will all be thrown under the bus in order to make budget. I saw so many great people, in what were key roles laid-off to hit year- end targets it was ridiculous. Some roles inevitably had to back-filled, normally this would be by less-experienced, lower-paid staff. Lay-offs could happen at any time of the year, so you never have job security. The regulatory fines were eye-watering, but despite promise-on-promise that things would change, there were always more fines.