How to reduce costs by firing employees - Consultant Mastercard Employee Review

1.0
Jun 18, 2024
Recommend
CEO approval
Business outlook

Pros

Pay better than the big 4

Cons

1. Suddenly the leadership thought that they want to improve profitability so to cut costs, they have started firing teams and put employees on PIP. This is based on feedback like can improve presentation skills and being proactive which is applicable to everyone. Shaming you to believe that you didn't perform well whereas promotions are given based on how clean you can lick and extra curricular activities done and not actual work. 2. Learning is limited as there is no variety in projects and they will take you on projects that you have already done. 3. The projects here are mostly recurring reports and few strategy projects which are almost 70-80% and 30-40% resources are under utilized and then you are penalized for their inability to staff you on projects. 4. Tech skills - People are hired from top IITs to copy paste and run SQL queries. And people from top IIMs are hired to do subpar marketing reports which are part of bundled services. So mostly you become the frog in the well. 5. Sponsoring big events like World Cup and other events just to increase brand awareness. So priorities are not set right

Explore other reviews about Mastercard

5.0
Jun 15, 2026
Recommend
CEO approval
Business outlook

Pros

Good people to work with, opportunities for growth

Cons

Tasks may get mundane, otherwise none to speak of

4.0
May 27, 2026
Recommend
CEO approval
Business outlook

Pros

Mastercard does a great job fostering an inclusive and supportive environment. There are genuinely good people throughout the organization, and leadership often invests in employee engagement through events, recognition, and culture-building initiatives. I enjoyed many of the relationships I built while working there, and there are teams that truly care about collaboration and supporting one another.

Cons

Compensation at the director level did not feel competitive compared to the level of responsibility expected. Career advancement can also be extremely challenging due to how top-heavy the organization is with senior leadership roles. There are a large number of Senior Vice Presidents, sometimes without clear scope or experience aligned to the title, which creates limited room for high-performing employees to grow. At times, it felt like senior leaders were being hired primarily to manage or communicate with other senior leaders, rather than drive meaningful operational impact. In product and go-to-market roles especially, priorities are often heavily driven by funding decisions. It can be frustrating when projects suddenly shift in importance or remain underfunded for long periods of time while awaiting senior leadership review. This sometimes leaves highly talented employees in limbo, unable to move initiatives forward despite strong momentum or market opportunity. The organization can also be very comfortable with the status quo, which creates a slower pace that many employees seem accustomed to. For people who are highly motivated and eager to drive change, it can feel difficult to navigate the number of roadblocks and layers of approval required to move initiatives forward.

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