Sad to see what they have done to the firm and worse to see what they have done to their employees.
Pros
Was a great company to work for. Was an industry leader. Still has some great people but given time, management will weed them out. A lot less clients that need tending to. But hey, you get free breakfast....
Cons
Before I explain why I have decided to give my review and warn anyone thinking about going to work for or staying employed by TT against doing so, let me first say that I look back at TT as the best job I ever had; I learned a lot and worked with some amazingly smart, talented and creative people. What was once a fun, energizing, merit based, groundbreaking firm has been horribly neutered and lobotomized into a systemically dysfunctional firm full of 1) depressed veterans looking for an exit that won’t get them sued and 2) clueless young yes men who don’t realize (yet) that the light at the end of the tunnel is actually the headlamp of an oncoming freight train. It’s sad to sit back and watch this once great company spiral towards the ground due to mismanagement and a fear to admit that they were wrong. The current regime has this dream of running a young, edgy fintech start up but instead have taken an established industry leader and cut out almost everyone who had anything to do with it becoming that industry leader. This is ironic because if those exiled people hadn’t built TT into an industry leader, the guys who fired them would never have been interested in joining the firm in the first place. The knowledge and experience drain that has taken place over the last 3-4 years is staggering, and the industry is watching and rightfully worried. Their arrogance has manifested itself in many ways, but is particularly evident in their decision to create a product that the majority of the industry (and their existing paying customers) do not want. This compounded their insistence to force everyone on to it instead of allowing them to choose. This has resulted in an adoption rate still in the lower single digits, about 4 years of stagnated innovation, and all time high "anti-TT" sentiment in the industry. One might excuse this as simply bad executive decision making and blind narcissism, but what I find absolutely inexcusable is the way management has treated so many of these people with such complete disrespect. If you’re over 40 or someone who has worked hard to add value to your role and have actually been rewarded for it, now suddenly you are viewed as a liability and are shown the door. Their most despicable tactic is when, instead of saying something like, “Thank you for all of your hard, productive work over the years, and we apologize for not being able to keep you on board. Here is a severance package to help you and your family during this life altering transition”, these people are essentially holding your severance hostage unless you allow them to enforce their ridiculous Non-Compete clause. Now, in fairness, if an employee decided on their own that they wanted to leave the firm, it would be understandable to not want them to go directly to the competitor. But to just callously fire someone without cause after years of exemplary service and then say “Oh, by the way, you can’t do your job anywhere else or we will sue you”? That is not only unethical and morally reprehensible, it is just being a bully. They know that you can’t just "pull a TT” and sue them; You’re unemployed. They know you can’t risk the legal costs even if you could win. I would say this is shameful but they have no shame. I mean, either you find someone valuable, and want them to work for you, or you don’t. If you find them to be valuable, don’t lay them off! If you don't want them to work for you, say thank you, give them a fair severance package, and wish them well. But unfortunately, they have to figure out some way to cover the costs of this disastrous new platform. In the meantime, they will continue to ignore the needs of their customer base, roll out unfinished software before it is ready, announce bold "enhancements" that the rest of the industry already built years ago, and most importantly: work on the highest priority items, like having the CEO and CTO spend their days personally responding to these legitimate Glassdoor reviews and having HR suddenly plant a bunch of vague, buzzword-loaded and obviously fake positive ones. Fire up the old “Keep up the good work!” spin machine. And don't spare the exclamation points. Those really add to your credibility.
