Bear Stearns & Co.
3.4 of 5 25 reviews
www.bearstearns.com New York, NY 5000+ Employees

Bear Stearns & Co. Reviews

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3.4 25 reviews

                             

50% Approve of the CEO

Bear Stearns & Co. Chairman and Chief Executive Officer, JP Morgan Chase & Co. James Dimon

James Dimon

(6 ratings)

50% of employees recommend this company to a friend
25 Employee Reviews
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Great place to work, sad to see it go........

Managing Director (Former Employee)
San Francisco, CA

I worked at Bear Stearns & Co. full-time for more than 10 years

ProsTerrific, dedicated professionals. It was a joy working with some of the brightest minds in the industry. I miss the professionalism at all levels of the firm.

ConsTough, brutal business. Long hours and zero work-life balance. Not a place for single parents or anyone wanting an outside life.

Yes, I would recommend this company to a friend

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Finance

Finance Associate (Former Employee)
New York, NY

I worked at Bear Stearns & Co. full-time for more than a year

Prosentrepreneurial and strong team culture. Upward mobility and pro-active growth model

Consdoes not exist anymore. Financial collape

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decent place to work

Assistant Vice President (Current Employee)
New York, NY

I have been working at Bear Stearns & Co. full-time for more than 3 years

ProsGood working env
Very professional staff
Good technology investments

Consbureaucracy at its best
poor planning

Advice to Senior ManagementNone

No, I would not recommend this company to a friend

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Great place

Associate (Current Employee)
Whippany, NJ

I have been working at Bear Stearns & Co. full-time for more than 5 years

ProsGreat Place to work, smart people, No BS.. get the job done and move on to the next issue.

ConsNone at all. Good place to work period.

Advice to Senior ManagementAll Management were very competent

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Wild wild west...

Associate (Former Employee)
Chicago, IL

I worked at Bear Stearns & Co. full-time for more than 3 years

Pros- Very entrepreneurial.
- Family feel

Cons- Top management incompetent.
- Very New-York based. Thus, treats other offices (e.g. Chicago) with neglect.

Advice to Senior ManagementToo bad you couldn't change your actions before the company went down in flames.

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8 year employee let go just before they went under

Associate Director (Former Employee)
Whippany, NJ

I worked at Bear Stearns & Co. full-time for more than 8 years

ProsBear was a great place to work when it came to using new technologies, broadening your skills, and having a lot of career opportunities. I started off as a relatively junior software programmer; in the course of just under 8 years I had been promoted to Associate Director and was doing some really incredible work. The company also had a lot of great people working there who I really enjoyed spending my days with.

ConsIn its final year or two, the company had turned into a meat grinder much like Goldman Sachs. 70-hour weeks were typical for me, along with loads of stress and ridiculously tight delivery deadlines. After putting in all that effort and making myself known as a stellar employee, the company laid me off along with several hundred others in the biggest such layoff the company had ever done. Four months later they were gone and absorbed by JP Morgan Chase.

No, I would not recommend this company to a friend

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Culture was eroding along with the balance sheet in 2007-2008.

MIddle Office (Former Employee)
New York, NY

I worked at Bear Stearns & Co. full-time for more than 5 years

ProsMostly no BS approach to getting things done. Anyone in the firm would respond to you if you called.

ConsCulture of promoting from within was largely thrown out the window.

Advice to Senior ManagementIt's already over, so no point.

No, I would not recommend this company to a friend

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One of the best places to work

Vice President (Former Employee)
Whippany, NJ

I worked at Bear Stearns & Co. full-time for more than 3 years

ProsVery entrepreneurial. It was easy to come up with an idea and then "run for mayor". Teamwork was excellent and there were lots of really smart people until they starting turning. The effort to offshore was a total disaster and caused scores of top notch talent to leave (or they were fired).

ConsThe culture changed to being very short term minded. Senior management tried to save to money and "save their way to prosperity", They got dumber by the day and it was not a surprise when they really ran into trouble.

Advice to Senior Managementthink of the health of the company long term

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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Great

Vice President (Former Employee)
New York, NY

I worked at Bear Stearns & Co.

ProsSmart folks, determined folks, great place

ConsVery small liquidity problem- oh well

Yes, I would recommend this company to a friend

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okay

Assistant (Former Employee)
New York, NY

I worked at Bear Stearns & Co.

ProsClose to subway which was great.

Conscliques decide who gets promoted.

No, I would not recommend this company to a friend

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