Bain & Company reviews about "layoff"

-No opportunity to grow in work or take responsibilities to work -Majority members in department are from one company (Capital IQ) -No flexibility of WFH or flex schedule - "Sir" culture still persist deeply in the team - Silent PIPs and layoffs -HR work in the way what is advised by Managers of team

multiple layoffs being done in past few months

long hours, layoffs in recent years

Cost cutting, silent layoffs, below-par hikes

limited benefits, no raises in 3Y, mass layoffs

Doesn’t do formal layoffs so push people out aggressively when the business is slow.. have left many with bitter taste.. the review process has room for improvement

Layoffs Some managers are great, some are total a-holes

Work-life balance is tough. While there are strategies you can employ to improve it slightly, your power is limited, and your life can be fully overridden by a tough project. Bain leadership seems to overstate the power that employees have to control their work-life balance in these high-demand cases. While the up-or-out policy ensures high-quality employees, it also contributes to unnecessary stress and politics. It is not uncommon to be working alongside someone who is actively at risk of being let go, which adds a new layer of stress onto projects that are already intense. While LinkedIn showcases the cutting-edge, flashy projects, many projects are not sexy. Trying to squeeze another ounce of financial power for a traditional incumbent client you've never heard of is a common case structure.

- Consistently hear "I didn't have anxiety until I worked at Bain" - Your life happiness is extremely dependent on who you work for on a given project, which can change frequently with little control - Vibe is bad in the office -- Bain says "no layoffs" but just "enforces standards" when business is bad, so everyone is afraid of getting managed out - People used to say "it's the people" when asked why they like working at Bain or miss working at Bain, and while most of the people are still great people, the vibe has gotten dark. It's not a fun high energy anymore -- just intense.