The firm has gone through several mergers and doesn't value its employees. The culture is merge and purge. They are more interested in their perceived public profile rather than retaining talent through training. The only motivation to work hard is so you don't get fired. An isolating environment, people are afraid to be friendly because so many of their co-workers have been fired without cause, due to "redundancies" or simply lack of work. An uncomfortable and sad place to work.