good benefits bad culture - Anonymous employee Blockchains Employee Review

2.0
Jun 19, 2019
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

awesome health care, free food, pilates

Cons

culture of fear and paranoia. people are afraid of being fired, there is a lack of transparency about decisions that get made. there is no evidence that leadership believes in the company's hypothetical mission. there are no products. communication internally is horrible. most people are miserable and frustrated and have no power over their own jobs. a general lack of faith among workers. leadership doesnt seem to trust employees. ceo has an ego and a temper. there are no company goals. it all seems like a lot of talk and no action.

Explore other reviews about Blockchains

5.0
Mar 4, 2025
Recommend
CEO approval
Business Outlook

Pros

Good people, non-toxic environment, flexible work schedule, pays well.

Cons

I had nothing but a good experience working here. I can't think of a single issue I had with this company.

1.0
Jan 20, 2025
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

100% remote work and very talented teams to work with.

Cons

Every negative review here is accurate, ignore the sole 5-star one for obvious reasons. This company is run by a CEO/Founder and his inner circle of friends/ex-coworkers, none of whom seem to know how to manage or grow a business effectively. Despite being around for 8+ years, they've made no progress in deploying any product. The company has had so many great product ideas and an ambitious vision, only for the CEO to abruptly scrap everything, lay off entire departments, and decide to start over from scratch. Layoffs are an annual tradition here, each year another department, and in the last round the entire company, or just about, is gone. It’s a pattern that seems sustainable only because the CEO is personally wealthy. Adding to the dysfunction, the company's NDAs and non-compete clauses are laughable. They attempt to enforce non-competes, which are illegal in many states (and even punishable in some). It’s absurd considering there's no actual product to compete against. Even worse, they forbid employees from mentioning they were laid off—another violation of legal standards. Save yourself the headache and steer clear of this company. There are far better opportunities out there. No 401k matching No health insurance coverage for the first 3 months 10 days PTO (including sick time, bereavement, or jury duty) Minimum holidays paid No compensation for internet or career classes The benefits list is so short that they had to add "casual dress" as a benefit even though everyone was remote!

2
See reviews by: Helpful|Rating|Date|All