Frequent layoffs - Anonymous employee Amwell Employee Review

1.0
May 3, 2024
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Great benefits and great teams to work with.

Cons

They have a layoff every year and they even lay people off when you come back from maternity leave. Most employees don't trust the company because of that.

Explore other reviews about Amwell

5.0
Dec 2, 2025
Recommend
CEO approval
Business Outlook

Pros

Has great company culture + 100% virtual. Everyone I met/talked to were so kind and supportive. Great benefits as well -- extra holidays and summer Fridays.

Cons

Not that I know of

1.0
May 12, 2026
Recommend
CEO approval
Business Outlook

Pros

Used to have great execs, VPs, colleagues and teams before all quit or were laid off

Cons

CEO is literally out to lunch overseas and totally out of touch with the company. He was great at selling the vision pre-IPO but has no clue how to run and grow a public company. All the old leadership and management has either quit or been fired. Leadership has destroyed BILLIONS of dollars (with a capital 'B') in investor money and shareholder value. Options are so underwater that you would need a deep sea submarine to reach them. Top 3 execs and board members are literally family. They take huge salaries and options as they suck the company dry. Now close to draining more than $1 billion in post-IPO cash. Post IPO, market cap was about $6 billion. Now $130 million. It takes special skills for a CEO to lose 98% of company value and not be fired.

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