The Founders Have Drove a Company to the ground - Recensione dipendente - Content Marketing Manager presso Inflection

Firing 40% of all employees and workers while hiring for VP roles and keeping all of middle management. BS transparency and data-driven values. - Every Friday there is a all hands meeting where employees submit anonymous feedback and the founders review the questions. Mostly this time is used for them to talk around the questions like politicians without actually answering or following through with them. Sometimes they even dispute the reviews in Glassdoor because there are no significant examples, yet reviews with examples can’t be posted as a violation of privacy. Transparency is actually very bad as when people get “mysteriously” fired and they re-word all concerning anonymous feedback into positive statements. Data-driven values are also complete BS as the founders will disregard data over design and their intrinsic thoughts every time. Founders lack motivation. - You can tell that all the founders really want to do is move to New Zealand when they fly to New Zealand several times a month. The founders are rarely in the office together at a time. Once when a senior executive was newly hired they told the executive to run the company while they took a break to New Zealand. After they cashed out a couple years ago they’ve really been just showing up to work a couple days a week while mostly thinking of “new” ideas that will disrupt businesses Business is in trouble - Pay is below market rate and “more equity” they give you is to entice you to be fair compensation. This is false, without disclosing too much detail, read up on stock options and then read up on what happens to them when companies starts to pivot to new businesses especially ones that have failed in the past. Lack of change - While the Inflection markets itself as being a place of change and disruption the old engineering management and founders lack any thoughts on changing things themselves. The tech stack is very outdated yet will never be changed and scalable by any means. High turnover - Every year a mass exodus of employees leave the company after realizing the mistake they made signing on. With so many junior employees paid terrible wages and management realizing the bureaucracy is too overwhelming, loads of people leave for better opportunities elsewhere. Just look at some past Linkedin profiles and how long some senior execs and former employees have stayed at the company.