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Ditech Financial

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Titanic Already Sinking - Anonymous employee Ditech Financial Employee Review

2.0
Feb 24, 2017
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Exceptional compensation package, generous PTO, exceptional medical benefits. Your coworkers treat you like family.

Cons

The place has gone downhill. 3 CEOS in the past 2 years I've been there. They brought in McKinsey consultants who have destroyed moral, culture, and workforce. Extreme amounts of layoffs, and turnover. They layoff entire departments just to be able to pay the CEO and McKinsey million dollar bonuses. McKinsey makes a ton of projects and cut a ton of staff and has unrealistic expectations for completing these projects. They also moved their helpdesk offshore, which has become the joke of IT, IT support is a joke because of the offshore helpdesk. IT Management doesn't do anything to improve it, they just look the other way. Company culture is a fearful one where people are afraid to speak up for fear of losing their jobs.

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5.0
Aug 4, 2025
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CEO approval
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Pros

Contract jobs, they are amazing to work for

Cons

It didn't stay open long

1.0
Nov 21, 2025
Recommend
CEO approval
Business outlook

Pros

Free parking and cafeteria available.

Cons

Everyone is from the same neighborhood and has known each other for many years. They use this bias towards each other in decisions for promotions and compensation.

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