Poor example of a professional organization - Anonymous employee Equilend Employee Review

Very poorly managed company with a high turnover of employees. The recent negative reviews really nail it on the head. The recent positive reviews are a joke as I have personally seen management ask its preferred employees to post a positive review after a negative one. Zero chance of getting an unbiased review from that employee. The company culture as mentioned in a few of the reviews on here really flows down from the CEO who tries to run the company like a fiefdom. Except around the time of board meetings when he is extremely nervous. Unfortunately I am still a current employee here but not for long. One more gem to add about thecompany. EquiLend claims to be cost cutting but the CEO decides to rent a space in WeWorks midtown with the consensus within the company being that his commute is better to midtown and not downtown where the HQ is located. The cost of that space is exorbitant, especially for a company cutting costs. They also had to inconvenience some of the employees and force them to work from this 'remote' location. The company is already frowned upon by ownership as they have better offices than most of their clients and owners. Solution - undeservedly laying off employees and squeezing bonuses to afford this convenient office location. The company is fortunate to have former heads of trading desks and business heads for securities finance join the company as they transition through roles. None of them stay due to the heavy handedness and "Who's the boss" attitude the management takes at this firm. It's a shame really as these senior folks have a lot of clout in the industry and only exacerbates the poor reputation management carries once they leave.