- Some Team Leads/Managers do not know what they are doing. This is true across numerous job functions. I have found that many Managers do not even understand how to do the jobs of those they manage (i.e a Market Analyst Mgr not knowing basic info about their market, reading market trends/data, etc.).
-It's currently a sea of white people in the Boston office at least (by recent circumstance). Many POC were laid off, and there aren't too many non-white people working there currently. I have never personally come across any "ism" issues (i.e racism) at Woodmac, but it would be nice to see more POC in the Boston office.
-Get ready to hear "we don't have the budget" a LOT.
-There is a huge delegation culture from Mgmt downwards. It feels like Mgrs just receive tasks they can do on their own and immediately hand it off to anyone they oversee; which I understand is somewhat the point of Managers, but they really just seem non-essential in some job-functions (they're paid to just go to meetings and delegate things all day).
-With the acquisition of WM by Veritas Capital, way too much uncertainty has arisen within the company. Too many layoffs, and the company is looking to hire most new roles in India or Mexico City (for cost-cutting of course). No one knows when they'll be next on the chopping block, and it has caused a sense of tension whenever there are company wide meetings/updates.
-There is a fair amount of turnover as well. This is mainly due to general uncertainty of job security, and once-interesting work getting cancelled to work on less interesting things (like shoehorning AI into everything).
-It seems like it's really just Veritas Capital giving commands from the top-down on what should be done next, and Woodmac just tries to comply. The once abundant talent and resources here, are waning as people get laid-off, or move where the grass is absolutely greener.
-If you end up getting a yearly raise, it probably won't match or exceed the rate of inflation; meaning you're not (technically) earning more money. Don't bother trying to explain why this is a bad thing, it won't change the outcome of your salary delta.
TL;DR - Too many layoffs, you're underpaid compared to others in your field, management is just a bunch of talking heads in some functions, you probably won't feel fulfilled in your work. Tough to tell how well the business is actually doing. Not a lot of POC left if that matters to you. There is poor transparency from the top-level. No one knows what the future holds (good or bad).
