AllianceBernstein reviews

The level of politics and backbiting is incredible. The Fixed income side was doing fine when I was there but the equity IT side was just horrible. You can tell that around 10 years ago this place was state of the art, but now the quality of the code developed has nose dived and the desire to innovate is completely gone. This whole shop is in maintenance mode for the foreseeable future.

Unfortunately the company has never been able to successfully merge the cultures of Alliance and Bernstein (from 2000 merger) which has resulted in tenured staff having allegiances to one or the other. Pair that with massive layoffs over the past few years and you have a recipe for an unhappy place and terrible culture. The environment is fractured and not collaborative and very unfriendly toward new hires. There are few advancement opportunities with the exception of the few who brown nose and get advancement, promotions and salary increases by having friends in high places. Overall the morale is terrible, the pay is average at best and the politics will wear you down faster than you can say, "Why did I ever accept this job?" Run. Run fast - in the other direction.