The company has changed - and not for the better - Anonymous employee Fastmarkets Employee Review

1.0
May 16, 2026
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

One thing about fastmarkets is it’s really flexible with working hours and there is a huge amount of learning courses you can partake in

Cons

When I joined during the Euromoney era, remote working and half day Fridays were part of the deal. Under Astorg ownership, both have quietly disappeared, with a three day office requirement now in place. Progression is limited. Leadership openly admits the way to get promoted is to play the corporate game rather than perform well. Workloads have increased significantly and management show little interest in addressing this. The business goes through constant restructuring with no apparent awareness of the damage this does to morale. The impact on people’s mental health is real and goes completely unacknowledged. There is no genuine support, and the pressure is relentless. This is a company that treats people as replaceable. They pay below market rate and claim to run salary benchmarks, but when you ask to see the evidence, it never materialises. By the time I left, the atmosphere had become genuinely toxic. Closing my laptop for the last time felt like a relief.

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Fastmarkets Response
3w
Thank you for taking the time to share your experience. We appreciate your recognition of the flexibility and learning opportunities available at Fastmarkets. We also acknowledge the concerns you’ve raised around progression, workload, restructuring, and workplace culture. Over the past few years, the business has evolved significantly, and with that change has come adjustments to ways of working, including our hybrid model. This model was created to support a more inclusive and collaborative culture, balancing flexibility with the value of in-person connection and teamwork. We understand that changes like these can impact people differently, and we recognise that periods of transformation can be challenging. Feedback from employees, including engagement surveys and review platforms, is taken seriously and helps inform ongoing conversations about how we improve the employee experience. We are committed to continuing to evolve as an organisation and appreciate all feedback from current and former colleagues.

Explore other reviews about Fastmarkets

5.0
Mar 13, 2024
Recommend
CEO approval
Business Outlook

Pros

Lots of room for career advancement. Good transparency from management. Good work flexibility

Cons

Work can be stressful and demanding as some prices are used in clients contracts.

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Fastmarkets Response
2y
Thank you for your 5-star review. We value the time and effort you have put into providing feedback. We are pleased to see your favorable comments regarding opportunities for career advancement and the transparency exhibited by the management team. In response to your observation that work can be stressful, I recommend reaching out to your line manager and/or HR Lead to discuss potential solutions that may alleviate this issue. Once again, thank you for your review.
2.0
Apr 25, 2026
Recommend
CEO approval
Business Outlook

Pros

disappearing rapidly. all the old reasons to work here are being stripped away

Cons

The company was bought by private equity, who set unreasonable growth goals as an excuse to not pay out bonuses or give raises anymore. Fastmarkets' CEO has become obsessed with the former CEO of a competitor, who singlehandedly destroyed the competitor's standing in the markets (they lost all their crude benchmarks due to his poor leadership). But for some reason the current Fastmarkets CEO has overlooked all that and slavishly does whatever the retired CEO recommends. Which seems to be triple all the pricing and drive away all the customers (just like at his old company!) while making the company a worse place to work every day. The desperation is obviously growing internally as the company is stripping itself clean like a chicken bone to fake higher and higher profits every quarter, and employees are given more punitive administrative tasks every month to prove they are providing value. Goals change suddenly without warning, and employees are expected to meet rising goals even while not being allowed to attend industry events because of budget cuts. One year I watched the marketing team have total turnover 3 times in a single year, leading to very chaotic conference events. Sales is given ever-higher goals in completely saturated markets, making it impossible to succeed. At one meeting the sales team bragged about its growth by saying the oldest employee had been there for 60 days - a fact that should be raising alarm bells instead of praise. Pay rates are chaotic and unfair, with younger and less experienced workers sometimes making up to 50% more than longer-term employees. Do not settle for an offer here less than $105k because that is what they are paying new market reporters with hardly any experience - and you will need higher income to offset the risk of joining this company. Fastmarkets is a ticking time bomb for the private equity to strip it and sell it for parts, which means no more jobs for anyone.

3
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Fastmarkets Response
1mo
Response from Raju Daswani, CEO, Fastmarkets Thank you for sharing your perspective. I recognise that periods of significant change can feel unsettling, particularly when expectations evolve quickly, and I want to respond personally. Fastmarkets is being led with a clear, long term view: to build a resilient, high quality, market leading business. As part of that, I deliberately seek input from experienced advisors — both from within and outside our sector — who have led organisations through growth, disruption and transformation. We do this to learn broadly: from successes, from mistakes, and from contrasting experiences. That diversity of perspective strengthens our judgement and helps us avoid repeating the errors others have made. And while we have grown significantly over the last few years and have newer team members, we have many team members with 15-20 years’ experience and more! Operating in highly competitive markets requires tough decisions around pricing, investment and priorities. Those decisions are not about short term optics, nor are they driven by any single external influence. They are grounded in protecting the long term integrity of our benchmarks, delivering value to customers, and ensuring Fastmarkets continues to thrive as a business with a future. That said, feedback like this is important. Even when I disagree with the framing, it highlights where we must do better — particularly in how clearly we explain change, how consistently we set expectations, and how well we connect decisions to long term opportunity for our people as well as the company. I appreciate you taking the time to share your views. Raju Daswani Chief Executive Officer Fastmarkets
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