Incompetent management - Software Engineer II AKUNA CAPITAL Employee Review

1.0
Jul 6, 2023
Recommend
CEO approval
Business Outlook

Pros

A lot of genuinely good/smart people work there

Cons

The Sydney office is dying due to mismanagement. 20 devs got laid off in January and another 20 just now. Some of those were fresh grads who started after the first layoffs. No town halls this year... We were doing interviews for intern and grad roles for this Summer which no longer exist and decisions around redundancies were very political (both global and locally)

Explore other reviews about AKUNA CAPITAL

5.0
Apr 11, 2026
Recommend
CEO approval
Business Outlook

Pros

The Training: Still one of the best "Trader 101" programs in the industry. The focus on options theory and market making is rigorous. The People: You’re surrounded by high-IQ quants and devs. Low ego at the junior level. Perks: baristas, great views, and a casual "wear what you want" culture that isn’t just PR.

Cons

Meritocratic (mostly): PnL speaks. If your desk makes money, you’re generally left alone to build. Cons: * Opacity: Bonus calculations and career progression feel like a black box. There’s a noticeable "inner circle" culture at the top. Work-Life Volatility: It’s prop trading, so hours are expected, but the "always-on" expectation for global shifts can be taxing without the commensurate pay bump seen elsewhere.

4.0
Jul 4, 2026
Recommend
CEO approval
Business Outlook

Pros

Strong quantitative culture, smart colleagues, and meaningful exposure to options market making and trading problems. The work can be technically interesting and gives researchers ownership over models, signals, and Work-life balance can vary significantly depending on team and market conditions. The environment may feel intense, and communication or mentorship can depend heavily on the specific desk, manager, and business priorities.strategy development.

Cons

Compensation may be below expectations. Project ownership can also be limited depending on the team, with some researchers having less autonomy over direction, prioritization, or long-term strategy development.

See reviews by: Helpful|Rating|Date|All