Awful work environment, no work-life balance, lack of recognition, lack of respect and discriminatory treatment - Software Developer Natixis Employee Review

1.0
Apr 15, 2019
Recommend
CEO approval
Business Outlook

Pros

- Good facilities even though sometimes it rains inside, there's a small ceiling leak

Cons

- I had to make my personal money available to cover for professional expenses when travelling to Paris and I was only reimbursed after 2 months. - No overtime pay or compensatory rest when you are spending most of your Sundays at the airport because of business trips. - While some people had Porto Business School and certified Scrum Master Trainings, I was sent to Paris for several weeks, something that had a high negative impact on my personal life, to have training in Natixis' proprietary tools. This kind of training only benefits the company, the acquired knowledge becomes totally useless for the employee once he leaves the company since those tools aren't used anywhere else. - There's the possibility of working remotely from home once a week but they won't pay you the meal allowance - Obsolete and outdated technology (Prolog and waterfall development in 2019). - Incompetent people are being hired and the colleagues have to fix their mess. At a certain point my work was deleted and I had to redo it from scratch. Competent people's efforts are not recognized. - The environment in the department where I worked is absolutely awful. Some people are constantly telling lies and talking behind other people's backs. - The company gave tickets to a music festival during an after work event. The ticket distribution was completely unprofessional, they didn't ask for any ID. I wasn't able to attend the (non-mandatory) event for personal reasons so HR told me to pick up my ticket the next day. I found out that someone had impersonated me to STEAL my ticket. This happened to several people. There were absolutely no consequences for the thieves. - Only employees with children are eligible to receive circus tickets at Christmas. So people with children in their thirties receive multiple (3 or more) tickets while people with 9-year old nephews receive nothing. - Sometimes Natixis has a very small number of tickets for the employees to attend tech conferences. The tickets are almost always given to the same people despite the fact that the company has around 500 employees - Desktops are being replaced by more modern laptops and dual screens are being replaced by wide, curve monitors. There is absolutely no criteria to deliver the new equipment. People that joined after me received it. People that joined before me received it. Some co-workers even received the new equipment on day one. I was one of Natixis first employees and I left the company without receiving the new equipment. The work conditions, right and duties are not the same to everyone.

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Natixis Response
7y
Thank you for your review on Natixis in Portugal. In Natixis, we truly appreciate feedback and transparency. It is key for us to have a clear vision of our employees’ insights and ideas, so we can create an increasingly better environment within our company. It would have been very helpful if you have discussed your perspective and suggestions with HR and/or your manager before leaving the company. Natixis wishes you all the best in your new challenges.

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5.0
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Pros

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Cons

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1.0
May 11, 2026
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

A lot of easy transportation options.

Cons

I'll be direct: Natixis CIB's management has a serious disconnect from market reality, and a recent job posting ("IT compliance and finance manager") is a perfect example of it. They are advertising an L1 IT management role — a squad lead position — with a requirement list that would challenge a senior director at a top-tier bank. Python, SQL, Informatica, Business Objects, Power BI, Easymorph, Sybase, CI/CD, Agile, data modeling, requirements gathering, budget management, Steerco presentations, compliance oversight, and direct people management — all in one role, all expected simultaneously. The compensation attached to this does not come close to reflecting that scope. Not even close. This isn't an isolated posting. It reflects how Natixis routinely structures roles: overload the job description, underpay the hire, and then use performance management as a pressure valve when the person — predictably — can't do everything. I have personally seen talented, experienced managers placed into roles like this and then PIPs'd out when they couldn't deliver the impossible. The PIP process here is not a development tool. It is an exit mechanism dressed up in HR language. Leadership operates in a top-down, Paris-driven model that is slow to change and resistant to accountability. Decisions that should take days take months. Technology choices lag the industry by years — the tools listed in this posting (Informatica, Business Objects, Easymorph) tell you everything you need to know about the modernization roadmap. If you are a strong IT manager with real skills and real options, do not take this role at the pay they are offering. You will be stretched thin, undervalued, and held accountable for systemic failures that predate you. The market will pay you significantly more for less frustration.

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