They fired everyone and moved all the work to outsource - Senior Software Engineer Finastra Employee Review

1.0
6 Sept 2024
Recommend
CEO approval
Business outlook

Pros

My coworkers were nice and they had a food bar

Cons

Everything down to the letter. They moved everyone into positions they never agreed to. They had me train an outsource team that I knew I was going to lose my job to. They fired everyone and I do mean everyone. The only people they kept on were foreigners and DEI hires. They kept everyone who was under a certain pay scale in america. They virtually got rid of every single employee that wasn't in that margin. Once they got rid of everyone they gave no severance packages, they told everyone to get lost basically. They announced it at the beginning of the year. They are attempting to get rid of everyone else that isnt outsourced because they admit its cheaper to hire people in the Philipines and India. The managers are horrendously incompetent.

Explore other reviews about Finastra

5.0
1 Nov 2025
Recommend
CEO approval
Business outlook

Pros

Amazing management and leadership at the company

Cons

No community building or anything

4.0
24 Apr 2026
Recommend
CEO approval
Business outlook

Pros

Teams work together Encouraging managers Autonomy Great benefits Unlimited PTO is real Customers can be fun to work with

Cons

Constant process changes Requires adaptability Commission plan frequently changes Travel budgets frequently change Super fast paced High account base and no CSMs

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