Going Down Fast - Anonymous employee Pexip Employee Review

2.0
Dec 8, 2022
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

- Great people - Higher end of rem if you get a bonus - Party culture can be fun

Cons

- Slow process - Freedom and Responsibility mean people do nothing all day - Cash burn rate so high there have been multiple redundancies - No confidence in SLT as no accountability for their actions - Stratergy has changed multiple times this year - Product is old and outdated with no innovation - Uses slack to communicate, people don't use email - No career path - A sinking ship, probably more redundancies coming due to large churn (per market reports)

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Pexip Response
3y
Thank you for taking the time to provide feedback. Glad to hear that you enjoy the people that you work with. Appreciate your honesty when it comes to accountability, our product enhancement, and our processes. You are right. We are working through a new transition period at the moment where we are experiencing bumps along the way as we work through new change together as one team. We are working really hard to pivot the company and provide alignment globally. Not sure I agree that our people do nothing all day. Our people are working extremely hard to execute on our new strategy for 2023. Again, I appreciate you taking the time to provide feedback as all and any feedback is welcomed and helpful. If you have any other insightful information to share in regards to being a part of the solution please reach out to your local HR Director.

Explore other reviews about Pexip

5.0
Aug 28, 2022
Recommend
CEO approval
Business Outlook

Pros

Excellent work culture and incredible employees A very friendly and inclusive environment Awesome upper management Remote work option

Cons

The remote work option leaves the office with minimal people most of the time

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Pexip Response
3y
Thanks for sharing your experience at Pexip! We are so excited to hear that you love working with your teammates and enjoy the inclusive work environment that we offer. We strive to hire great people who are passionate about the company, technology and are fun to work with. Yes, Pexip allows employees to work in a hybrid environment that best suits their working needs which has created less traffic in the office. We are working on a plan to encourage employees to come back in more often in the new year. If you have any suggestions or ideas to better integrate our back to office efforts please reach out to your local HR Director.
4.0
Jan 9, 2023
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

I had some really amazing people who took time to help me be successful in my role. The benefits are amazing and the ability to work remote is nice as well. Also, they take you on some nice trips!

Cons

Their can be a very clique vibe when you do attend something onsite and it can feel like there is some sort of favoritism for employees who go to the office. There are people who quietly do that job well and aren’t really noticed and others who make sure to rub elbows with the right people as much as possible to advance their careers and it appears to work quite well at Pexip. The company also hired a lot of people in 2021 and in 2022 let a lot of employees go. They did one set of lay offs and assured the rest of us their were not going to be anymore lay offs. Shortly after that they were laying off people here and there and then in November did another massive layoff.

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Pexip Response
3y
We appreciate you taking the time to share feedback. Glad to hear that you enjoyed Pexip's benefits package and the work life balance that is offered. We strive to make sure that our benefit offerings are competitive and valuable to our employees. You are right, we did grow our teams in 2021 and 2022 and during that growth period, followed growing pains that Pexip had to navigate and manage. We hear the feedback and communication is one of our strategic goals for 2023. Appreciate you taking the time to provide feedback.
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