Bad behavior has caught up with CEO & CFO - Anonymous employee KLD Energy Employee Review

1.0
Mar 28, 2016
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Interesting technology but once on the inside you find it's all marketing hype from one of the founders in Morgan Hill, CA. The CEO burned many good people and in Jan 2016 the board kicked him out of CEO position.

Cons

Feb 2016 most employees have been laid off, some without last paycheck. CFO says they have no funds unless some investor/buyer comes along. They burned $25M and a lot of people and it's finally insolvent. Kinda sad, but there wasn't much substance to it

Explore other reviews about KLD Energy

5.0
Apr 1, 2016
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Colleagues are very nice. In a fast paced environment, you could learn a lot. Great benefits plan.

Cons

As a start-up company risky on money. The products need more market. Strategy should not always change.

2.0
Apr 20, 2016
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

High energy, start-up mentality with an exciting product and a lot of potential. Great team of employees and casual work atmosphere.

Cons

Upper management consistently does not heed advice of the experts they hire, resulting in numerous failed projects. Management too involved at lower level activities, and indecisive at this level, resulting in ability to move projects forward, and costing the company a great deal of money.

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