Dow Jones

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Dow Jones Reviews in London, England

Updated Jun 18, 2014
All Employees Current Employees Only

3.1 16 reviews

100% Approve of the CEO

(no image)

William Lewis

(2 ratings)

43% of employees recommend this company to a friend

Review Highlights

Pros
  • The pay was on par - Work -life balance respected(in 25 reviews)

  • Good benefits, Providing training classes for employees(in 27 reviews)


Cons
  • Well it runs rampant under the CEO and others in Senior Management roles(in 19 reviews)

  • uncertainty as to what upper management is doing(in 14 reviews)

16 Employee Reviews Back to all reviews
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in
    • Culture & Values
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    • No Opinion of CEO

     

    used to be better before the recent changes

    Anonymous Employee (Current Employee) London, England (UK)

    Prosgood brands, nice people, good benefits.

    Consdon't see myself being here in the long term due to constant changes/restructuring

    Advice to Senior Managementjust because the employees have been here for 10+ years mean they deserve to be promoted, the world if changing and they're not.

    Yes, I would recommend this company to a friend

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    • Approves of CEO

     

    A sad tale of decay, erosion of quality collegiality and market leadership

    Editor (Former Employee) London, England (UK)

    ProsThe primary attraction, in my view, of working at Dow Jones centred almost entirely on the strength of collegiality fostered in the long-held culture of Dow Jones (including Dow Jones Newswires and to an extent The Wall Street Journal). The wide-ranging effects of this culture included: a seemingly limitless supply of implicit and explicit willingness to engage in educational sharing; the capability to conceive and/or undertake almost any project because one could rely on ad hoc assistance from colleagues in the four corners of the globe, whether one was acquainted with them or not.

    ConsIn recognising that DJ needed a no-holds-barred overhaul, it appears management fluffed the execution. Too many of the wrong sorts of changes were made which--new CEO Will Lewis himself admitted, in his first London 'town hall'--were not the changes required and even then, went too far. These changes related to both the tone of the ethos which management objectified to employees, and perhaps more importantly a similar change in the ethos which was mediated to clients, subscribers and other types of customers [particularly on the institutional side.] There was an increase in inflexibility, imperiousness, distance [vis-vis internally, this was evidenced in an entirely new layer of middle management] a decrease in apparent fostering of internal mobility, decreases in emphatic meritocracy and an increase in cliquey types of overall corporate culture. It's true that these sorts of issues have always assailed all types of corporations everywhere, and perhaps more so in the last few years as a consequence of economic retrenchment, however, Dow Jones has clearly existed through dozens of economic downturns whilst managing to maintain both a beneficent air of independence, and abstraction from prevailing types of corporate cultures which are unlikely to foster impartiality as an end in itself.

    Advice to Senior ManagementStrangely enough, having effectively 'not listened' for several years, it's possible that management is finally (back) on the right track. It's likely that the trajectory [over the next few years] of current remedies and outright corporate adjustments which have still yet to be made will be a fair judge of whether the newer leadership has truly accommodated itself to the task of saving Dow Jones & Co. and the august principles that it represents, or whether what is being witnessed is the next stage in what had looked suspiciously like preparations for a de facto disposal (sale) of assets and very likely, with them, a bunch of principles too.

    No, I would not recommend this company to a friend

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    • Approves of CEO

     

    Sales

    Sales (Former Employee) London, England (UK)

    ProsGood People
    Fun Environment
    Commission (you can get paid for simply showing up)

    ConsNo Career Progression
    Lousy managers (Mostly Lazy)
    Low Pay

    Advice to Senior ManagementInvest on thee good people before you lose the few good ones left!

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

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    • Culture & Values
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    • Disapproves of CEO

     

    CEO needs a reality check

    Anonymous Employee (Current Employee) London, England (UK)

    Pros- Nice people
    - reasonable benefits and holiday allowance

    Cons- Changes made to processes with absolutely no consultation or communication so when you do something one day it's fine, when you do it the next, all of a sudden the process has changed and you are told to do things a different way. A lot of the time, these changes are detrimental to the side of the business who have to do the work and there is nobody to listen to our opinions
    - CEO has no idea of what is necessary and what is just extravagance
    - Pay is low
    - while holiday allowance is reasonable, the chances that you get to use it all is pretty low

    Advice to Senior ManagementStop spending the company's money on useless things like coffee machines, free snacks, and chandeliers and put it into your staff and products. Listen to your staff, ask their opinion, take it on board and act on it. And most of all, be a bit more humble.

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

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    • Disapproves of CEO

    2 people found this helpful  

    Account Manager

    Account Manager (Former Employee) London, England (UK)

    Pros- good work/life balance
    - international workforce
    - chilled atmosphere

    Cons- low pay
    - stagnant business so not many opportunities for growth
    - no international mobility
    - bad management
    - no accountability for bad management decisions (nobody gets fired)

    Advice to Senior ManagementDraw a viable strategy for the business and stick to it. Once a year management would come up with a restructuring / change of direction to the business only to find out one year later that it is not working...

    No, I would not recommend this company to a friend

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    Great place to work, everything moves real slow though

    Journalist (Current Employee) London, England (UK)

    ProsGood, smart colleagues, relaxed atmosphere. Proud to work here.

    ConsStrategic lethargy. Would say more action required, less talk, but there isn't even a lot of talk.

    Advice to Senior ManagementBe bold!

    Yes, I would recommend this company to a friend

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    interesting experience

    Risk and Compliance Intern (Former Employee) London, England (UK)

    ProsGreat atmosphere and coworkers
    Breakfast meetings where top management speaks about the direction of the firm
    Flexibility of working hours
    Work with teams internationally

    ConsWork is monotonous, mostly doing the same thing just different projects

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    Good to have on your resume.

    Reporter (Former Employee) London, England (UK)

    Pros- Big-name news organization
    - In-house training provided
    - Good people to work with/work atmosphere
    - London office located in the heart of the business district

    Cons- Now owned by News Corp.
    - Petty time-off battles against Bloomberg.
    - Very little succession planning (promotions to reporting positions arbitrary with little support given)
    - Preference given to Americans for promotions or foreign assignments.

    Advice to Senior ManagementInstead of trying to out-innovate Bloomberg, how about tackling news in a more aggressive manner (as Bloomberg does) and remunerate reporters based on how many times their items were read (as a bonus).

    Yes, I would recommend this company to a friend

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    • Disapproves of CEO

    1 person found this helpful  

    Not going through a good phase

    Anonymous Employee (Former Employee) London, England (UK)

    ProsSome fabulous corporate products and a history of collaborative working with very bright, professional people who have an excellent rapport with, and concern for, their customers.

    ConsFrequent reorganisations. Top-level management not positively viewed, to put it mildly.

    Advice to Senior ManagementReinstate collaborative culture, show respect, listen. Focus attention on those parts of the business which really need radical change.

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

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    • Disapproves of CEO

    4 people found this helpful  

    Now Playing at Dow Jones, "Invasion of the Body Snatchers"

    Anonymous Employee (Current Employee) London, England (UK)

    ProsSome professional Account Managers left in Institutional Sales but they are all trying to escape from the inexperienced Sales Management brought in by CEO LF. Now that CEO LF is celebrating his one year anniversary, the hope is that News Corp Pubs head RT will soon cut him lose to go and destroy another company. Should send him to Thomson Reuters or LexisNexis as a strategy to save DJ revenue free fall that LF created.

    ConsJust like watching "Invasion of the Body Snatchers". Dysfunctional Bloomberg management team has invaded the sales org. and snatched the hearts, souls and minds of a once creative, passionate and polished sales team. Now Sales and Product team is left to fend for themselves with no direction, strategy or plan for working with customers. LF's strategy was to "bleep" the customer and he is doing an excellent job at this. If you are a young, talented sales professional avoid DJ until LF is stripped of his role. At that point people will begin to gain their own minds, bodies and souls back.

    Advice to Senior ManagementNews Corp Pubs leader RT must pay attention to all the bad decisions LF is making in Product/Sales teams and with Customers. Somebody at the top of News Corp must pay attention to his madness and insanity. Dow Jones needs real leadership, not the horror show that is now playing.

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

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