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It used to be a great place to work

Software Developer III
Former Employee
Worked at Ally Financial for less than 1 year
December 26, 2008
Minneapolis, Minnesota
4.0
Pros

It used to be a fun place to work, where they really took care of the employees. They used to give great bonuses each year when the company was doing well and always had an awesome annual employee and family event that was totally free. They also had a "partner program" where those selected got 6 weeks paid time off. It was easy to move between groups if desired, too, for career variety or enhancement.

Cons

too closely tied to the downturn in the mortgage industry. They have gone through several layoffs in the past couple of years, the last big one being 5,000 people worldwide.

Advice to Management

Make better decisions regarding mortgage products.

Continue to try to get back to core products.

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Ally Financial Interview Experiences