3.0
22 Oct 2016
Former employee, more than 5 years
San Francisco, CA
Recommend
CEO approval
Business outlook
Pros
Talented, creative team members in bank - both mid level leaders and individual contributors. Ability to grow into new roles. Good compensation with performance - both salary and incentive. Historically invested in training (but much of training staff has now been let go).
Cons
Extreme cost cutting and frequent reorganizations causing disruption for employees as well as clients. Staggered layoffs continue at all levels after starting several years ago. Some are related to deeper integration of Union Bank subsidiary into MUFG Americas, but many are simply cost-cutting. Lack of employee recognition program.