Still surviving but need to make radical changes to thrive. - IT Manager Ally Financial Employee Review

4.0
Oct 7, 2008
Recommend
CEO approval
Business Outlook

Pros

- Great people - innovative, motivated, loyal - Good chances to advance if you're willing to do the work - Leader in its field - this needs to be balanced against the fact that over 250 competitors have gone out of business - Surprisingly advanced in technology for the mortgage industry - more like a Commercial Bank in terms of its investment in IT

Cons

- The mortgage industry has imploded - Leadership revolving door has made it difficult to maintain focus - The company is in survival mode but this also has led to the ability to do things rapidly to "save the company"

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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