Offshoring, cost cutting, no bonuses - stay clear - Anonymous Employee Close Brothers Employee Review

1.0
18 Feb 2026
Recommend
CEO approval
Business outlook

Pros

Did at one have a good culture but that’s been completely destroyed.

Cons

- Mass redundancies across all businesses - Salaries are so low - You can feel the pressure around cost savings. No one knows who’s next and everyone is anxious - Senior leaders don’t care about their employees. All they care about it saving money and that’s at the detriment of employees mental health - They had a ‘D&I strategy’ but when they cost cut that initiative was the first to go as they don’t care about it.. it was all for show - If you raise issues with HR they don’t take anything seriously. They’re a bunch of 20 year old girls with no experience - Do not join this company. You’re expected to work 12 hours per day but get paid well below market rate. Ridiculous

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Close Brothers Response
2mo
Thank you for sharing your feedback. We’re sorry to hear about your recent experience and appreciate you taking the time to outline your concerns. We understand that organisational change can create uncertainty, and we recognise the impact this can have on colleagues. Your comments regarding culture, communication, workload, and our approach to inclusion and employee support are important, and we take them seriously. We are committed to addressing these issues and continuing to strengthen the support we provide across the business. We value all feedback—positive and critical—as it helps us identify where improvements are needed. If you would like to discuss your experience in more detail, please contact our HR Services team, HR.Services@closebrothers.com, so we can review the matters you’ve raised.

Explore other reviews about Close Brothers

2.0
24 Feb 2021
Recommend
CEO approval
Business outlook

Pros

Very exciting to work with

Cons

Very stress and demanding on weekends

1.0
13 Aug 2019
Recommend
CEO approval
Business outlook

Pros

There was nothing that I enjoyed

Cons

No proper training just had some one sit for an hour or so a day

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