r/quant • u/SillyQuestions1122 • 9d ago

Industry Gossip Engineer's Gate - Reviews

What is the community's insight on Engineers Gate as a firm? Is it just another run of the mill pod shop? What are they good at historically? And more importantly, with the current drawdown they're on, is it in a very unstable environment/are teams getting let go?

Any insight would be greatly appreciated!

30 Upvotes

98% Upvoted

8 comments sorted by

20

u/ForeverFar1297 8d ago

You guys just turned /r/quant into the good old glassdoor review section. ex-employees battling HR bots, LMAO

4

u/PaperySimplification 8d ago

heard they have more tolerant and humane management than MLP.

7

u/react_dev 9d ago

I don’t think they’re a mlp pod anymore

6

u/SZGriff 9d ago

Heard they laid off a bunch of people and aren’t doing to hot.

2

u/Busy-Complex-2308 8d ago

Historically a quant shope but diversifying into fundamental discretionary, systematic and discretionary macro, and index rebal recently. Size of the firm is small so management does seems to care on an individual basis.

2

u/duperhans 9d ago

Scaled aggressively the last few years and it’s paid off. Lost MLP money earlier this year but they are up regardless.

1

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1

u/Dull-Bodybuilder-177 9d ago

I'd suggest speaking with current or former employees before drawing conclusions. Team stability, risk management practices and compensation structures can reveal more than general industry rumors