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Magnetic

Acquired by Deloitte

Is this your company?

More Layoffs Coming in January? - Anonymous employee Magnetic Employee Review

1.0
Oct 9, 2016
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

- Someone here is really good at fake reviews. - The CEO did see this collapse coming and tried to stymie with MyBuys.

Cons

- The COO... and that person being kept on reflects badly on the otherwise intelligent CEO. - The company is failing and is rumored to have more layoffs in January and potentially more after that. There's something about the Warn law that they have to wait three months for another layoff (I'd ask HR but they're all gone). - The heads of finance are supposedly leaving, the head of legal was pushed out for trying to stop something (who knows what), the head of People Ops was fired in a similar way, the CTO is on leave and the former CFO was fired for apparently trying to stop the MyBuys merger/black plague. - There is no product (#ThanksCOO) but media buyers at our customers really did get gifts to use us by our sales team with Hamilton tickets and a list of other things (another review here was more blunt). OMD figured it out first, and now all the agencies are pushing us and our competitors to sell through trading desks, which is hopeless.

Explore other reviews about Magnetic

5.0
Aug 16, 2019
Recommend
CEO approval
Business Outlook

Pros

Great employees with clear visions from leadership.

Cons

None that i can think off

5.0
May 8, 2016
Recommend
CEO approval
Business Outlook

Pros

I have a lot of friends at Google, but I'm really glad I came here. When I interviewed, I didn't really know what Magnetic does. As it turns out, ad tech -- as this industry is called -- is full of the kind of engineering challenges for which no really good solutions exist yet. It takes a huge amount of software and hardware to run the business. Small improvements in system performance wins new customers. This means unlimited opportunities to contribute and solve really hard problems. The team is unusually diverse for software engineering: not just regionally/ethnically, but more importantly, with respect to gender and age. They have twenty-somethings, people with families, and senior staff with more than 30 years of engineering experience. This is a company with very strong technical leadership, but it's still small enough to reflect my contribution. The atmosphere is professional, respectful, relaxed, and relatively free of politics. Refreshingly, the offices don't look like repurposed daycares. Egos are not encouraged. Tellingly, when people move on, they take them out to lunch or dinner to celebrate their career and contributions. This company has good bones. Now that I've been there for 6 months, I feel comfortable saying: this is the best place I've ever worked. I am really glad I ended up here.

Cons

For small company, it is really spread across timezones. (They have engineering offices in San Mateo, CA, Ann Arbor, MI, New York, and London.) This makes everyone heavily reliant on teleconferencing and the headaches it entails.

4
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