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Beware of the layoffs

Software Engineer
Former Employee
Worked at HSBC for 4 years
November 14, 2017
Pune, Maharashtra
3.0
Doesn't RecommendNegative OutlookApproves of CEO
Pros

Work, life, balance.

Employee-friendly policies, good compensation.

Cons

Too much restructuring is going on right now. We are hiring more contract employees than permanent resources. We are using old technology, and agile practices are either absent or present at bare minimum levels. There are frequent layoffs.

Advice to Management

Focus on IT enhancement rather than IT restructuring.

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