Headed in the Wrong Direction - Anonymous employee Discover Employee Review

1.0
Feb 17, 2019
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Great facilities, decent benefits, some great people (although the number is dwindling by the day)

Cons

It's really sad to see the current direction of the company since the new CEO, Roger, took over - increased bureaucracy, more micro-management, terrible personnel decisions at the executive level, and missed goals across the company (translating to missed corporate earnings). It was hard to leave, but it started becoming increasingly clear that it wasn't the same company I joined over a decade ago. The executive leadership ranks have been gutted over the last several years with many high profile defections and retirements, and their replacements are just not at the same level. More damning is the complete lack of a coherent long term growth strategy. Over the last few months, I've had at least one or two Discover employees a week reach out looking for help to find a new job. Most of these folks are high performing mid and executive level employees who are seeing the writing on the wall and are running for the exits.

Explore other reviews about Discover

5.0
Jun 4, 2026
Recommend
CEO approval
Business Outlook

Pros

The best company I have ever worked for.

Cons

No cons for me besides the merger

5.0
Mar 28, 2026
Recommend
CEO approval
Business Outlook

Pros

One of the most significant advantages of interning at Discover is the opportunity to work with massive, high-stakes financial datasets within a highly collaborative and mentorship-driven culture. Because the company manages millions of consumer accounts, you gain direct experience in how data-driven decisions impact risk management, credit modeling, and fraud detection in real time. The environment is known for being supportive of early-career professionals, offering structured learning paths and exposure to modern cloud-native infrastructures like AWS. Furthermore, the company’s strong focus on work-life balance and a clear pipeline for converting interns to full-time roles makes it an excellent "foot in the door" for anyone looking to build a career in fintech.

Cons

On the other hand, the primary drawback often stems from the inherent bureaucracy and heavy regulation of the banking industry, which can lead to slower project lifecycles and "red tape." You may find that a significant portion of your time is spent on repetitive data cleaning and maintaining legacy reporting systems rather than building the cutting-edge predictive models you might expect. Additionally, because Discover is a massive organization, your scope of work can sometimes feel siloed, making it difficult to see the end-to-end impact of your analysis across different departments. Finally, the current landscape of the industry means that internal shifts or large-scale corporate restructuring can occasionally lead to uncertainty regarding team directions or long-term project stability.

See reviews by: Helpful|Rating|Date|All