Lab49 Reviews

Updated May 9, 2021

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3.6
76%
Recommend to a Friend
69%
Approve of CEO
Lab49 COO Roman Trachtenberg
Roman Trachtenberg
8 Ratings
Pros
  • "Smart people who are generally good teammates, with the exception of some senior management(in 12 reviews)

  • "Good work-life balance with WFH days, relaxed hours, team lunches and events and good trust between staff and management(in 7 reviews)

  • Cons
  • "Senior management team mostly work from home which leads to a lack of direction and an empty office(in 14 reviews)

  • "Parent company Ion is a horrible place to work, benefits are low and they have zero respect for women(in 6 reviews)

  • More Pros and Cons
    Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.
    1. 5.0
      Former Employee, more than 5 years

      Good place

      Jan 29, 2021 - Senior in New York, NY
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Technical skills, location, projects, people

      Cons

      Fragmented too many projects, not too bad

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    2. 2.0
      Former Employee, less than 1 year

      Senior Technologist Beware!!!

      Mar 21, 2021 - Software Consultant in New York, NY
      Recommend
      CEO Approval
      Business Outlook

      Pros

      - There are still a few great people with positive attitudes

      Cons

      - No strategic or transformative work. Uninteresting projects with unrealistic deadlines. Just hired guns to move data from one place to another - Leadership tries to bully you into making decisions that will get work done quickly despite the technical issues it will cause - Senior management will try to force you to work weekends and/or long hours

      Continue reading
      9 people found this review helpful
    3. 4.0
      Current Employee, less than 1 year

      Good project experience

      May 9, 2021 - Data Engineer 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Good project experience, cutting edge technology

      Cons

      Project estimation is not accurate

      1 person found this review helpful
    4. 3.0
      Current Employee, less than 1 year

      Springboard job

      Apr 29, 2021 - Associate 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      - High turnover of staff, they always need to hire people. - Great exposure to fintech, you'll be able to get a job at a proper company after working here.

      Cons

      - Fixed priced model leads to highly pressurized working environment. - Technical resourcing is managed by the most technically inept person you might ever meet. - A certain manager will pressure you into working weekends. - Weak communication from CEO, townhalls are just sales presentations they never answer submitted questions.

      2 people found this review helpful
    5. 1.0
      Former Employee, less than 1 year

      Eye opening

      May 5, 2021 - Consultant 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      You will probably be placed onsite at a major financial institution where you'll see what it's like to work for them: lots of training available, meaningful bonus, fun sprints, social events, clear promotion process, diversity schemes, generous maternity/paternity package, good communication and support around covid.

      Cons

      You get none of these things working for Lab49.

      1 person found this review helpful
    6. 1.0
      Former Employee, less than 1 year

      Don't waste your time with this declining sweatshop

      May 5, 2021 - Software Consultant in New York, NY
      Recommend
      CEO Approval
      Business Outlook

      Pros

      A few good people left, a few clients still overpaying Snack boxes sent to your home!

      Cons

      Toxic blame-game culture makes it very easy for competitors to get their best people "Leadership" team mute and clueless Promotions with no pay rises are common! You will work many weekends

      Continue reading
      2 people found this review helpful
    7. 4.0
      Current Employee, less than 1 year

      New era

      Feb 8, 2021 - Delivery Manager 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Getting ION to pay bonuses on time is a huge achievement and will make it much easier to keep and attract staff.

      Cons

      London lost it's regional head, engineering lead, sales person and recruiter last year and are still to be replaced so lots of hiring to do.

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    8. 1.0
      Former Employee, less than 1 year

      Luxoft v2

      Mar 25, 2021 - Consultant in New York, NY
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Lots of hiring but mostly the new CEO bringing in former managers from his time at Luxoft and engineers in low cost locations

      Cons

      Moving to body shop model, selling junior/ remote head count to financial service companies. Seniors all jumping ship

      6 people found this review helpful
    9. 3.0
      Former Employee, less than 1 year

      Good people, bad culture

      Mar 1, 2021 - User Experience Consultant 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Lots of interesting projects, smart people pushing limits

      Cons

      No communication from upper management, little emphasis on employees

      Continue reading
      4 people found this review helpful
    10. 5.0
      Current Employee, less than 1 year

      For overacheivers

      Jun 15, 2020 - Associate in New York, NY
      Recommend
      CEO Approval
      Business Outlook

      Pros

      I think most of the bad reviews here are from people who weren't at the level required, LAB49 is a demanding job, you need to be very experienced (or able learn very quickly) as you'll be expected to master React and Angular alongside TypeScript, Redux and RxJS, have an expert knowledge of Java and Spring, whilst being accomplished in sql/nosql, comfortable with automated testing (100% coverage is the goal), devops and the cloud with good financial knowledge, if you can also do some C# and Python even better. You'll be switching technologies a lot and there's very little ramp-up time between projects, people are always busy, you'll often have to learn by yourself in your own time as you should be aware of all the latest technologies. You can't be overly sensitive, people tell you the truth here as there's great time pressure to get things done on budget. It's not for everyone but if you're good enough this is the place to be.

      Cons

      Performance/ pay review months late with 0 communication, senior managers still managed to agree promotions amongst themselves though.

      5 people found this review helpful
    Viewing 1 - 10 of 125 Reviews

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