Toxic work culture, misleading press release - Anonymous employee Standard Chartered Bank Employee Review

Press releases talk about higher than forecast profits but within the company retrenchment is still on-going, no increments has been given across the board, positions are not filled but existing staff is asked to take up the additional workload. Overtime and weekend work is the norm. Toxic work culture, it's all about pointing fingers and finding a scapegoat and not about fixing the issue. Problem Management team is biased and unprofessional. Too many meetings to discuss matters, too many forums created for the same purposes, it's a waste of time and resource. 20 people in a meeting and only 2 executes. No opportunities for growth.