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An organizational trainwreck

Software Engineer
Former Employee
Worked at Squarepoint Capital for 2 years
February 5, 2021
Montreal, Canada
1.0
Doesn't RecommendNegative Outlook
Pros

The pay is competitive.

Cons
  • Zero focus on career development or progression
  • Gerontocracy - senior tech management keeps churning "experienced" and unimaginative middle managers and senior developers while giving no one an opportunity to advance from below
  • Technology is subordinate to business/research, given menial programming tasks and anything business does not want to do, and treated as serfs to researchers/projects while tech management does nothing
  • Do not expect any exposure to business or financial concepts - they do not want you to ask questions
  • Zero communication or cohesion or discussion of organizational objectives, deep siloes and Darwinian project/people management culture
  • Senior business management is a bunch of quants with zero people skills that can't communicate with other human beings on a basic level, they don't care about employees or even about making money - they are rich already and this is just a game to them
Advice to Management

Fire yourselves

Additional Ratings

Work/Life Balance
2.0
Culture and Values
1.0
Diversity, Equity, and Inclusion
1.0
Career Opportunities
1.0
Compensation and Benefits
4.0
Senior Management
1.0

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