Culture of fear - bad for your mental health - no career progression - Anonymous employee Immutable Employee Review

Hello, Thanks for your review. We know the recent restructuring impacted the roles and lives of some of our employees, and we understand that this can lead to people feeling frustrated and saddened by these changes. We want to support anyone feeling this way, so we encourage you to reach out to make use of our Employee Assistance Program and coaching services. We disagree that we solicit five-star ratings. We offer every employee the opportunity to post honest ratings, and we are pleased to see that so many Immutables love our culture. In response to your comments in relation to giving feedback, as you would know, one of our values is ‘We lovingly speak our mind’. Feedback is an important part of our culture. We ensure that there are multiple channels for every Immutable to communicate with and give feedback to colleagues, their manager, the exec team and founders. Hopefully, as you experienced during your tenure, there are office hours for all execs, there are regular town halls and AMA’s as well as multiple employee engagement surveys and listening cycles per year. In saying this, not all feedback can be taken on as leaders need to make tough decisions with trade-offs. We also disagree that employees have been ‘demoted.’ Whilst roles evolve and change with the company as we grow, we are focussed on ensuring each Immutable feels like they are growing during their tenure with us. We are investing a lot into our career development programs in 2023. In relation to your comments about our funding and hiring, we have been open about our strong financial position and our hiring throughout the re-organisation as these decisions were not related to funding issues but were made as a result of strategic changes happening in the Company. Every role we hire is needed. Change is part of the journey for fast-growing companies. We appreciate the time you took to write this feedback, and if you wish to share any further details on your experience at Immutable, reach out to me, Kath Rau, at kath.rau@immutable.com. Thank you,