The management is killing the company and lead the ship to sink. - QA Developer/Software Development Engineer In Test OneSpan Employee Review

1.0
Nov 18, 2022
Recommend
CEO approval
Business Outlook

Pros

Possibility of remote working, great office location (Windsor Old Station building right behind the Bell Centre and 5 minutes walk to subway Orange line or Exo trains to all directions around). Not the best but yet not bad benefits and unlimited vacations (with a catch of course). Good salaries and work balance.

Cons

The former hardware company (Vasco) is transforming to software company, looking to extend its hardware security business to software as well. However it's been about 3 years that the company is marching at the place after acquiring several start ups in Montreal. The following is public information: About 2 years ago the CEO was fired and high level management was changed as well. Then a new CEO found a year ago started another round of seeking efficiency and profit in the company to satisfy the investors. It required auditing company to determine which product is profitable and should be further developed and what should be dropped. Meanwhile there was a wave of laying sales off and at late spring 2022 laying engineers off internationally and in between many highly qualified engineers and low level managers left by their own By loosing so much time and work force the company lost the momentum with the products acquired with the start ups and it would be hard to recover despite the products are good with good potential. Unfortunately the company also invested a lot of money into the new Montreal office which was just opened a couple of months before the pandemic started and now it's almost empty costing to company a lot (partially subleased already). The management tries to satisfy the investors as it looks like now, rather by a false optimism and new strategy plan and the feeling that the ship is sinking so far.

Explore other reviews about OneSpan

5.0
May 28, 2026
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

OneSpan has a collaborative and welcoming culture, and teams are genuinely supportive and helpful. People are kind, approachable, and open to sharing knowledge, which creates a positive working environment. There is also openness to trying new ideas and exploring fresh approaches, which makes it an exciting place to contribute and grow. Strong cross-functional collaboration and flexibility make it easy to feel supported while doing meaningful work.

Cons

No cons come to mind at this time.

4.0
May 13, 2026
Recommend
CEO approval
Business Outlook

Pros

Remote work is amazing, and there is a lot of flexibility at OneSpan, as well as a lot of freedom to improve the company. If you have an idea, and you want to try and make it happen, they will let you. You may not get all of the resources that you need, but you will be given the opportunity to at least try it on your own.

Cons

Not sure the company is heading down the right path, and with all of the options available in the cybersecurity world, OneSpan is one 2008 banking crisis from getting hurt...bad. Its also pretty stagnant, and people tend to stay employed there for a very long time (which could also be a pro, not a con).

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