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Great growth until the eventual collapse

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Former Employee - Network Engineer  in  Jersey City, NJ
Former Employee - Network Engineer in Jersey City, NJ

I worked at Lehman Brothers full-time for more than 10 years

Pros

Cutting edge when it comes to technology.
Used to be some great people to work with.
What else can you say about a company that no longer exists?

Cons

We all know how this story ended.
As the company grew, employees needs mattered less and less. It became a numbers game and employees were treated as such... a replaceable number.
If you worked less than 50-60 hours a week, you were viewed as a slacker.

Advice to ManagementAdvice

Treat your employees with respect and they will respect you back.

Doesn't Recommend
Negative Outlook

Other Reviews for Lehman Brothers

  1.  

    "Was" the best place to work for

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Assistant Vice President  in  Jersey City, NJ
    Former Employee - Assistant Vice President in Jersey City, NJ

    I worked at Lehman Brothers full-time for more than a year

    Pros

    Company created a very approachable atmosphere, open to hear ideas. Employees were given opportunities to prove themselves along with the responsibilities and power for the area or domain in their control. I stayed till the last day of the firm, its very sad to see a firm of that culture going down. I would defiantly join this company, if I know the culture (working and not financial risk taking) of the firm is still in the veins of the people running the firm.

    Cons

    They took risk on some of the financial products, but in the IT department which I was part of, I did not find any big concerns or issues, except keeping major chunk of employees till the last day (is this bad.. keeping your employees close to you in good and bad days..?).

    Advice to ManagementAdvice

    Please bring the same working culture back to the firm.

    Recommends
  2.  

    Proud of working there.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Senior Developer  in  New York, NY
    Former Employee - Senior Developer in New York, NY

    I worked at Lehman Brothers

    Pros

    Name brand is the reason for working there.

    Cons

    The management was lack of ability to avoid bankruptcy.

    Recommends
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