Unstable Leadership - Engineer Elementus Employee Review

1.0
Feb 14, 2025
Recommend
CEO approval
Business Outlook

Pros

Disclaimer: I tried to keep my review as neutral as possible and let the reader make their own judgement call.

Cons

Here's a timeline of the last 2 weeks in 2024 before the majority of the company was laid off: April 15-19: The company held an offsite event in Texas for employees. April 23: The CEO (Max) decided to shut down the SAAS business and pivot the company’s focus toward a hedge fund. April 24-25: Managers informed their teams that the last working day would be Friday, with 3 months of severance offered, and a meeting would be held on Friday to provide further details. April 26 (Morning): Managers updated the teams to inform them that severance would be reduced to one month instead of three. April 26 (Late Morning): A team-wide meeting was scheduled for 4:00 PM EST. April 26 (4:00 PM EST): Employees who were impacted by the layoffs discovered they could not access the meeting, as their accounts had been deactivated from Slack, Google, and other systems. The company attributed this to an "administrative error." However, many employees speculated that this issue was related to the CEO’s inability to address the entire team directly. Now that there is a new CEO, it's unclear what the company does. Most of the team has since departed, making the current state of the culture unclear. This is not the first time in Elementus’ history that a significant portion of the team has been let go or left voluntarily.

Explore other reviews about Elementus

5.0
Mar 15, 2024
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The team here is very smart and fun to work with. You are given a ton of ownership which has its pros and cons. Pay is great for a Series A startup.

Cons

There is still uncertainty in where the product is going, so the problem you are solving can change at any moment.

1
4.0
Sep 19, 2025
Recommend
CEO approval
Business Outlook

Pros

Work is interesting and challenging

Cons

Leadership has been questionable at times

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