Brain Drain at Morgan Stanley - Recensione dipendente - Software Engineer presso Morgan Stanley

1,0
27 lug 2012
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

- Good Training Programs - Flexible work schedule - Ability to work from home - Good Pay

Svantaggi

"You will loose your skills, dignity and job over a period of time" Career prospects in IT are bad. Morgan Stanley is an outsourcing factory. They hire people in India, transfer knowledge to them then lay you off. Most people in IT feel they are the next lamb of slaughter. This is how it works. They will introduce you to a few consultants, then they will ask questions about application and you will help them set up.. They will then be assigned new tasks and you will help them cross train. Slowly they will do the work and you will be on sidelined. After 6-12 months when management feels consultants know most of the application, you will be marked for layoff. Consultants then will be hired as full time employees at Morgan Stanley in India. My colleagues who have been with firm for 15-20 years are now training their replacements. It is a terrifying situation for technology professionals. If you are an IT professional, go somewhere else.

Esplora altre recensioni su Morgan Stanley

5,0
4 lug 2026
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Big name company. Helps with resume.

Svantaggi

Operations may get tedious sometimes.

3,0
30 mag 2026
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Very good co-workers, Great technology stack. Lot of new technologies and integration with current work.

Svantaggi

They dont even give you a MS cup. They ask you to buy it for 5$. So cheap! Management big on "Giving back", Immediate managers do not like it and are not supportive. Lay off employees twice a year to show profits. Only worried about shareholders and clients. Don't know the criteria for lay-off. So, you are always worried if it is your turn. They boast about mental health and wellness. No good, when they layoff employees like this. HR = Horrible Resources. When you are laid off, they shoo you away as if you are a fly. You feel miserable. They themselves say - "We are better than Facebook or Oracle. We dont fire you at 6 AM over email." Gosh! What a comparison!

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