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MidnightTrader

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MidnightTrader reviews

1.7

Be the first to recommend this company

(3 total reviews)

Brooks McFeely

Not enough data to show CEO approval

Reviews by job title

3 reviews
2.0
May 15, 2023
Recommend
CEO approval
Business Outlook

Pros

This job is only OK to take, and only for a while, if you have no prior experience in journalism, particularly in finance/ industry. The job was fully remote.

Cons

There are very high expectations in terms of quantity, and they demand quality which is impossible to achieve for this volume. Culture is highly hierarchical; you feel like you are definitely inferior to your editors. You need to be on call for the full 8 hours because of the work volume and nature of the job. Very underpaid for what it is. The company outsources work to low-income countries, i.e. Pakistan and Philippines, who are paid lower than any reporters based in the EU. Reporters were terminated without notice. No benefits, no PTO, you are an external contractor and can be laid off at any point.

1.0
Dec 26, 2021
Recommend
CEO approval
Business Outlook

Pros

your work schedule is flexible, you can choose your own shift, and your work is purely remote

Cons

your job as a "reporter" consists of rewriting corporate press releases, day in day out, boring and tedious. sometimes corporates bury information and you have to guess what they meant or else you will cause ire of your editor the job at MT Newswires has a sweatshop feel as you are expected to be constantly producing copy, without a break. this company is an ultimate content treadmill and I would not be surprised to find out that they have a special algorithm that watches reporters’ keystrokes. It’s hard to imagine how people work hours-long shifts producing the required amount of copy without a burnout they are too cheap to provide you with a work email address so your personal Inbox is flooded daily with analyst ratings, press releases and other company information the job is without benefits, no vacation or anything else, even if you work 8 hours a day, so technically fulltime this company has truly mastered the outsourcing concept as most writers are hired in the Middle East or select Asian countries such as the Philippines where it does not have to offer employees any benefits

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MidnightTrader Response
4y
Thanks for taking the time to write a review, but we're sorry to hear that your experience at MT Newswires has been anything less than stellar. We pride ourselves in being a workplace that values its contributors, supporting their professional growth, while also allowing for a rewarding work/life balance. If anyone were to feel burnt out or unhappy in their role, we would hope that they felt empowered to get in touch so that we can work through ways to make productive changes. Beyond annual satisfaction surveys and review periods when honest feedback is welcomed and celebrated, our HQ team is only ever a message away and always happy to listen. Please feel free to get in touch and I'd be happy to discuss your concerns.
3.0
Apr 17, 2016

Good for part time job

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Telecommuting so it gives you flexibility to travel and work from home

Cons

It's not a stable job or meant to be a company to stay for long term

Glassdoor has 16 MidnightTrader reviews submitted anonymously by MidnightTrader employees. Read employee reviews and ratings on Glassdoor to decide if MidnightTrader is right for you.