Meat Grinder High Layoffs - Vice President LPL Financial Employee Review

1.0
Jan 28, 2025
Recommend
CEO approval
Business Outlook

Pros

Employee stock purchase plan and benefits

Cons

Decision making is made at the highest levels without input from the teams/leaders doing the work. This leads to whiplash staffing decisions (expand and build a new team… next quarter why are you unprofitable… two quarters later lay off the same or more people). Business units are rotated annually among Managing Directors and executives which means they must spend a year learning the business and then the cycle repeats. Insufficient funding for tools to get the work done or to meet objectives.

Explore other reviews about LPL Financial

5.0
May 12, 2026
Recommend
CEO approval
Business Outlook

Pros

Great Resources and support teams!

Cons

Too much back office turnover at times leaves support team lacking accurate answers

1
3.0
Jul 7, 2026
Recommend
CEO approval
Business Outlook

Pros

Great pay and getting OT pay. Awesome team of SMs and RTEs who felt like family and we all wanted to see each other succeed. I was exposed so a lot of situations which strengthened my skill set. Learned the SAFe model and it looks great on resumes. I personally had a great boss, bosses boss, and RTEs.

Cons

Executive leadership is ruining the culture. Many of the amazing Directors, AVPs and RTEs left due to the poor Executive leadership who do NOT know a single thing about Agile principles. Releases are 1x/mo so you have to work one Saturday a month which can sometimes be longer than a normal workday. Release Mgmt team is very difficult to work with and can be very disrespectful. They don’t hide it and it’s accepted. Execs killed remote work.

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