Fast shrinking workforce since failed acquisition and lawsuit - Anonymous employee SurModics Employee Review

1.0
May 6, 2025
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Can't think of any since things took a turn for the worst.

Cons

Lots of people quitting in the last year since the announcement (and continued delays) of the attempted acquisition by GTCR. All of the senior engineers have quit, leaving behind a very inexperienced workforce without much guidance. And this was all BEFORE the FTC decided to sue GTCR and Surmodics for an unlawful acquisition.

Explore other reviews about SurModics

5.0
Mar 20, 2024
Recommend
CEO approval
Business Outlook

Pros

Wide range of expertise. Employees are excited about innovation and company mission. Very good sense of camaraderie. Upper management cares about employee well-being

Cons

Breadth of diversified business units and customers results in a lot of audits to support

4.0
May 9, 2026
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Great overall culture Employee appreciation Good coworkers Reasonable pay

Cons

Uncertainty with acquisition A lot of poor behavior gets swept under the rug and not resolved Acquisition caused delays in raises and promised promotions with no backpay

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