Close Brothers Reviews

If you value your career avoid Close Brothers like the plague! Alternatively if you wish to experience how a workplace was back in the 1970's join Close Brothers. This is how outdated this firm is in its methods Management have no backbone and have given longer serving members of staff a free reign how to treat new staff. New members of staff are ostracised and not given support or adequate training to perform their jobs. Expectations from management are not in line with the poor and sub standard training offered to a new starter. Management expects miracles from day one Experienced members of staff heckle and laugh at you if you don't understand the work without proper training. They do not support or encourage you to perform The environment is very cliquey and groups have been formed and if your face don't fit you are ostracised. All in all working at Close Brothers was the most traumatising experience in my professional career. If you value your career think very careful before joining them as this is a soul destroying place to work Close Brothers has immersed itself into a unique culture which is not in line with the modern workplace. As a company they are resistant to change and modern working practices If you do join them be prepared to change yourself to fit into this environment. Be prepared to be institutionalised into this unique culture, otherwise your stay will be a short one.

Recent mass redundancies with large proportions of the work workforce being offshored has changed this. Hundreds of people made redundant with a single movement. A single badly worded, badly rehearsed remote meeting with the CIO was how the announcement was made. Add a sub optimal, well below banking industry redundancy package to this and you can see where they are heading. Things are being made worse by the bad Human Resource handling of the situation. A horrible dehumanised, segmented approach to process has added to this making a bad situation worse. Little or no communication regarding process or procedure. Little or no regard to mental health throughout the process, in fact the announcement was actually made during mental health week, go figure if they really do care about at all. I cannot comment on the situation external to Information Technology department but I would stay away from any roles internally until such time they figure out it all needs to be onshored again.