Stolen Bonus - Engineer ION Group Employee Review

1.0
Apr 15, 2019
Recommend
CEO approval
Business Outlook

Pros

The take over not yet fully complete. Staff cuts not yet taken place. Since the Robert Maxwell incident, there are legal safeguards in place to (hopefully) protect our pension.

Cons

Fidessa recently taken over by ION. They delayed annual bonus (earned prior to takeover) before eventually saying it wouldn't be paid. Fidessa board recommended takeover with sole consideration being the price of their own equity in the company. Millions in company equity to outgoing management -paid for by removing annual bonus from staff No information from management

Explore other reviews about ION Group

5.0
Apr 13, 2025
Recommend
CEO approval
Business Outlook

Pros

Good culture, flexible career options, work-life balance

Cons

A little difficult to pivot into different teams

1.0
Jun 12, 2026
Recommend
CEO approval
Business Outlook

Pros

I get to work from home and have a grand-fathered in unlimited PTO policy. And that's about it.

Cons

RUN. This is just a horrible company to work for. Either you are living in constant fear of being fired or you are so overworked you feel like you have to work 60 hours a week just to do the bare minimum. The CEO, Andrea, is just gutting everything, doing mass layoffs over and over again. He has no clear visit for the company, goal posts keep changing, and everyone is setup to fail.

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