Work/Life balance takes hit due to sudden requests from senior management that could've been planned ahead, but for one reason or another are requested within a couple of hours turnaround.
Be prepared for your compensation to stay at the same level as it was when you joined, despite changes to role and responsibilities. Pay rises are managed on a group/function level and if your boss doesn't fight for your pay rise, you're not getting anything.
Hybrid working opportunities are depended on your line manager. However the default expectation is for you to be in the office regardless if your role requires it.
Company is strong believer of vitality curve performance management, although recently there has been less firings.
No official process to give feedback on upwards management, which makes it very easy for managers to hide and not act on feedback. Employees are expected to grade themselves and the people you manage on a monthly basis.
Certain roles and levels seem to be limited to people of Italian heritage.
Lack of goals and targets or communication from top management.
Complete lack of independence even on quite senior roles, expect to have top down decision making even on minor things.