Sucked More Than a Black Hole - Anonymous employee Sirca Employee Review

1.0
Apr 26, 2015
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

A few great people, one product that is used by the biggest names in the finance industry and some innovative products in the financial space.

Cons

Astounding attrition rate, particularly in the maintenance and operations team. First time I heard the term "regretted attrition". I shudder to think what the full attrition is. Pointless products which will never make a profit pursued, meanwhile the single product which does make money is utterly ignored. I could see that two products wouldn't last and sure enough those two products were shut down. They have a slim shot with some of their new products but my prediction is that company will close shortly after the main money making product is EOL in June 2016.

Explore other reviews about Sirca

5.0
Jul 20, 2025
Recommend
CEO approval
Business outlook

Pros

It was a great group of people to work with

Cons

Nothing further to add or comment

1.0
Nov 10, 2013
Recommend
CEO approval
Business outlook

Pros

Sirca can pay well depending on their staffing levels and the skills needed. It always tries the newest and latest technologies making it a good place to learn. Sirca is a good stepping stone for sought after employers and positions. Sirca has a nice outdoor area to the office overlooking Circular Quay from the Rocks. Sirca is a culturally diverse organisation accepting people of all walks of life.

Cons

Sirca has a continual churn of staff that creates endless operational impact. Frequent sackings and resignations are followed by desperate hiring. Napoleonic senior management are only focused on perception management and don't look after their staff. Large teams are dominated by small, informal and entrenched cliques. Sirca survives on tenterhooks in the shadow of a larger external organisation.

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