PIMCO - Incredibly fast-paced work environment. | Glassdoor
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There are newer employer reviews for PIMCO

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"Incredibly fast-paced work environment."

StarStarStarStarStar
Former Employee - Associate in Newport Beach, CA
Former Employee - Associate in Newport Beach, CA
Approves of CEO

I worked at PIMCO full-time

Pros

Some of the nicest, most genuine people you will ever meet. Employees really do go out of their way to teach and help you with problems you encounter while on the job.

Cons

Lean organization leads to an additional workload. If you're not looking for a fast-paced environment, PIMCO is not the place for you. I think a lot of employees tried to put on their "work face" and look like they loved working at PIMCO when the opposite may very well have been true if you talked candidly with anyone.

Other Employee Reviews for PIMCO

  1. Helpful (9)

    "Avoid the PIMCO technology debacle"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Software Engineer in Newport Beach, CA
    Current Employee - Senior Software Engineer in Newport Beach, CA
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I have been working at PIMCO full-time

    Pros

    Complete job stability. Great California weather.

    Cons

    PIMCO technology is engaged in a costly effort using 1990s technology to support 2013 trading volumes. Management has no or severely outdated technical skills which has lead to several negative trends becoming entrenched:
    - developers are uniformly incorrectly incentivised on the speed in which work is completed, software quality is completely ignored
    - your boss won't understand or be able to value your work so promotions are all done mafia style based on your perceived & demonstrated loyalty to your boss and your penchant for politics
    - As technology fails to deliver on a project, an elaborate charade of pretending to do everything possible demands very long hours which management regards highly.
    - Great software is written by great teams and no teams are functioning well at this place, while good employees plot their departures or remain disgruntled, those with outdated skills are the only ones who are not planning on going anywhere since they are so over-paid.

    Advice to Management

    A new CTO joined in 2012 and was quickly swallowed in the quicksand. Any changes to the status quo will be met with a severe backlash; however, the constant demand for more "resources" and bigger budgets will only lead to more window dressing. A handful of good teams could deliver far more value than the currently bloated structure so focus on hiring a few managers with modern technical skills.


  2. Helpful (2)

    "Too much hard work for little to no pay"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Analyst
    Current Employee - Analyst
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I have been working at PIMCO full-time (More than 5 years)

    Pros

    Competitive environment and a lot of fixed income knowledge to soak in.

    Cons

    There is a lack of work life balance.

There are newer employer reviews for PIMCO
There are newer employer reviews for PIMCO

See Most Recent

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