BlackRock reviews

The company has completely changed since I started. - Terrible compensation - Layoffs/reorgs all the time - the company makes so many cheap decisions to save a few pennies (such as new Edinburgh office location, no Christmas parties, no travel) which is leading to extreme impact on staff morale. - 4 days in the office with rumours of return to 5. - culture has completely eroded as everyone is miserable. Morale was really shakey up until comp day. Low pay rises and bonuses despite working extremely hard and two challenging years personally due to cost of living. Meanwhile we were able to announce acquisitions on the same day. It has potential, but there is going to be a lot of people leaving in the next 5-6months so I would wait for the dust to settle.

Toxic Work Culture – A Rotten System (Aladdin specifically) Many directors and MDs wouldn’t even survive at other Wall Street firms—their skill levels and leadership abilities might not even match the VPs at other companies. You can’t help but wonder how they even got promoted in the first place. Some extremely toxic leaders rely on their close relationships with top executives to completely disregard company rules and policies, operating with absolute impunity despite their incompetence. A chaotic leadership appointment system results in primary market professionals managing secondary market teams, creating severe misalignment in expertise. For employees in highly technical roles, this becomes a living hell, as they are led by leaders who lack the necessary domain knowledge, leading to poor decision-making, inefficiencies, and frustration across the team. Hard work means nothing here. Managers blatantly steal credit and hand it to their inner circle, blocking and suppressing outsiders while ensuring their own faction thrives at the expense of real talent. Performance, expertise, and leadership don’t matter—if you want to move up, connections are everything. True performers are sidelined or forced out. This is an authoritarian environment, where only one voice matters—question it, and you’re done. This place is a breeding ground for mediocrity, where favoritism, not results, determines success. The internal network is so powerful that they can even push out Portfolio Managers. If you actually have talent and want a real career in finance, get out before this toxic system consumes you.