Good Hybrid Policy, But a Toxic Culture Under Private Equity Ownership
Pros
The only significant positive aspect of working at Wood Mackenzie was the hybrid work model. Requiring only two days in the office per week provided a good degree of flexibility and work-life balance.
Cons
The work environment has become incredibly toxic, particularly since the acquisition by a private equity firm around 2023. The new ownership's focus seems to be on short-sighted decisions designed to inflate the company's value for a quick sale. This has created a high-pressure, fear-based culture. Management implicitly threatens job security to drive performance, leading to overworked and stressed employees. There is very little collaboration; colleagues are often unhelpful, non-responsive to emails, and it's a constant struggle to get the support needed to do your job effectively. Furthermore, there is a complete lack of meaningful training, and the turnover rate is alarmingly high. The company appears to be firing long-tenured employees as a cost-cutting measure, losing valuable institutional knowledge in the process.