Oaktree Capital Management Reviews

Pros

Well respected name on street Will soon be part of Brookfield I will be leaving soon

Cons

Oaktree does not care about employees. The company likes to say buzz words like diversity but when you look at upper management there is no diversity. Time and time again corporate puts their best interest ahead of employees. Since the Brookfield transaction we have seen them laying off employees with long tenures and given them very little severance/benefits despite many years of employment. They don’t say it but Brookfield will be paying them out based on earnings multiple so it makes sense they focus on savings. Just when you think it couldn’t get worse they decided to dramatically increase health insurance premiums under the guise of making it parity with the industry. When this happens during a pandemic, it should tell you enough about the company. None of this should be surprising as the culture starts at the top and the founding partners struck a better deal than the other partners at the firm. Avoid if you can career wise as wages are now indexed to “inflation” and they don’t care about employees like they did before company went public.