Company: J-P-Morgan
Date: 2010-03-30
Overall rating: 2/5
Employment status: former

Proceed at your own peril
Pros: Large company has large amount of resources to allocate; can distribute risk internationally; company is genuinely interested in audit compliance and following the rules
Cons: Corporate culture is cold and prickly.  Those who succeed without ruffling the feathers of others are exhaulted publically.  All the others are treated as non-entities.  This firm systematically identifies what it feels are it's "bottom 20%" performing employees and finds ways to cut them.  The "bottom 20%" are in fact just the ones that management simply does not like for one reason or another.  Thus, this practice (supposedly recommended directly by way of consultation by Jack Welch) is just a way to justify their subjective prejudices.