AllianceBernstein reviews

-Few women are promoted or hired into leadership positions, but when it comes time for layoffs, "key" women represent an equal share. They have some mentoring programs for women and POC, but in practice it's the same old glass ceiling. Some teams are full-on boys clubs. -Arrogance and condescension are more common than collaboration, giving credit where it's due, and appreciation, making those who "work well with others" really stand out. To be fair, that's often taken as a sign of weakness. -So much being understaffed and overworked.

The recent layoffs of 177 people, which were primarily women in leadership positions, was very concerning. Talking to other colleagues, apparently AB does this every couple of years. I realize the asset management industry is cyclical, but seeing women who had been been here for 15-20 years get laid off with no notice was very disheartening. We then had a town hall the following week where they talked about the importance of diversity in leadership, and how it was so important to promote from within. Meanwhile, the number of female SVPs was nearly cut in half in February…