Still some tread left on the tires... - Portfolio Manager Ally Financial Employee Review

4.0
Jan 4, 2009
Recommend
CEO approval
Business Outlook

Pros

Formerly a fantastic company to work for. Benefits were second to none with perks that few other employer could offer. Relocation program was stellar. Employees were well taken care of, respected and growth opportunities abound. Then Cerberus happened...a typical greedy investor with no comprehension of how to treat your most valuable asset (EMPLOYEES!!!!).

Cons

Long hours. Executive leadership was (obviously) greedy and overcompensated. Middle to upper management; however, really understood how to treat employees well. Cerberus completely slashed benefits, dwindled compensation and misguided employees with bogus promises and deceptive management. They deserve to see their investment in shambles. Karma.

Explore other reviews about Ally Financial

5.0
Jul 5, 2026
Recommend
CEO approval
Business Outlook

Pros

Great culture, good compensation and benefits. Excellent management team, very supportive and interactive with the team.

Cons

Onboarding was a challenge due to IT’s lack of clear direction. The loan origination system crashes a lot.

2.0
Jun 30, 2026
Recommend
CEO approval
Business Outlook

Pros

Hybrid schedule is reasonable, with only three days a week required in office. Benefits are decent and we have a fairly new office building is a nice.

Cons

Don’t be fooled by Glassdoor’s rating. It likely reflects the old Ally, not the company it is today. Ally used to be a great place to work, with strong culture, meaningful work, and real innovation. They used to pride themselves on culture, and now it’s the worst I’ve seen it. There have been significant leadership changes, with many of the leaders who made Ally great shown the door. Round after round of layoffs has everyone whispering about who’s next, and the people who remain here are stuck cycling through failed re-orgs meant to “fix” the department. It’s gotten bad enough that I know people actively hoping to get cut just to walk away with severance. If it doesn’t get better soon, I might be hoping to be let go myself. I can’t recommend it the way I once would have.

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