Nice work/life balance, bad career perspectives - Software Engineer UBS Employee Review

Politics is rampant, any career advancement involves playing the political game, and even if you don't, a lot of energy is drained on it From middle management and above, people don't seem to have a clue about technology, feedback from the "trenches" is not sought and the rationale behind decisions seem to completely lack any technical merits Technology is old, outdated and there are huge resistances to adopt anything new or look into alternatives to cut cost (such as Open Source, for instance)