Great people, horrible post-acquisition policy changes - Anonymous employee Bread Financial Employee Review

1.0
Aug 24, 2021
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

- Interesting product/market - Lots of transformative initiatives in progress

Cons

- The new parent company is in the process of gutting Bread's benefits package and culture (no more unlimited PTO, no more paid healthcare + horrible policy options, replaced learning/self-development stipend with tuition-only reimbursement policy, no more reimbursable Friday lunches, the list goes on...) - Due to ongoing changes, coworkers are outspokenly defeatist and disgruntled at work. - Product features that promote synergies with the new parent company have upended our roadmaps and slowed our pace.

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Bread Financial Response
4y
Thank you for taking the time to share your feedback. There have been a lot of changes and we are still working through some things. As a result of the acquisition with Alliance Data, we now have access to a larger network of benefits and coverage including 401K, life insurance, Employee Stock Purchasing Plan (ESPP), and more, all focused on the long-term financial wealth and stability of our employees. Change is hard, and we hear you. Please reach out to our People team if we can help you in any way.

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5.0
Jun 4, 2026
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CEO approval
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Pros

The company provides a welcoming culture and a good work-life balance. Team members collaborate well, and there are opportunities to learn and develop professionally.

Cons

Nothing notable comes to mind. My experience has been largely positive.

5.0
Jun 4, 2026
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Pros

I've had a very positive experience working here. The work environment is supportive, colleagues are helpful, and management encourages professional growth. Overall, it's a great place to build a career.

Cons

No major concerns or areas that stand out as negative.

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