Software Engineer (Laid Off) - Software Engineer Modern Treasury Employee Review

3.0
May 25, 2023
Recommend
CEO approval
Business Outlook

Pros

Strong engineering + sales orgs, solid culture and bright people. The layoff left a very sour taste, but other than that it was an ideal job.

Cons

In monthly all-hands when discussing finances and revenue, the company painted a picture of sunshine and rainbows, and little-to-no indication that the company isn't performing well. Then, a mass layoff wave of ~20% hit (across all orgs), citing that the revenue growth is lower than expected and not keeping up with their massive headcount growth. Even the months leading up to these layoffs, they were actively hiring like nothing was wrong.

Explore other reviews about Modern Treasury

5.0
Apr 27, 2026
Recommend
CEO approval
Business Outlook

Pros

Smart, genuine, thoughtful team. Some of the foremost experts on payment operations.

Cons

There can be a learning curve for new entrants to the industry to get up to speed on the nuances.

2.0
Feb 22, 2026
Recommend
CEO approval
Business Outlook

Pros

Opportunity to work on systems moving billions of dollars. Inviting office space. Free Doordash encourages team lunches rather than eating at your desk. Pockets of smart, dedicated, optimistic people.

Cons

The company has gone through multiple cycles of preaching visionary new product lines, struggling to find product market fit, and shifting the consequences to employees via layoffs. Morale is suffering as a result, and career opportunity is diminishing for those not working on the current vision, with other teams being put into maintenance mode. The company shifted to a top-down leadership style in an attempt to focus the teams, but it's resulted in a "my way or the highway" thought process, stifling creativity and career growth.

6
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