Insolvency The Next Step: A Jr. SVB - Analyst Mission Lane Employee Review

2.0
Jun 8, 2023
Recommend
CEO approval
Business Outlook

Pros

People, Autonomy, Benefits, PTO, Equipment

Cons

Leadership says one thing and does another, "we care about our people" translates to "let's talk planning for the second half the year...we don't have any money everyone on this call is laid off or everyone who is laid off will receive an email stating such in their personal email within the next 15 mins."

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Mission Lane Response
3y
The decision to eliminate some positions was a very painful one – and one that we did not take lightly. After many hours of discussion and debate with our board and investors, we decided that it was the best way to position the company for a strong future, given the current economic environment. We thank every employee – past and present – for their contributions to Mission Lane over the years and have offered benefits including a severance offer with compensation, benefits coverage through the length of their severance period, prorated individual incentive, and assistance in equity vesting or exercise schedules, dependent on tenure to anyone impacted by this decision. Please reach out to me directly (julie.shudtz@missionlane.com) if you have any questions about how to access these benefits.

Explore other reviews about Mission Lane

5.0
Jul 13, 2026
Recommend
CEO approval
Business Outlook

Pros

Great company All pros No cons

Cons

No cons Good company to work for

3.0
Jul 19, 2026
Recommend
CEO approval
Business Outlook

Pros

- My manager seemed to be very supportive and eager to set me up for success. - Interesting technology stack and space to improve things. - I was genuinely happy with the work I was doing at the time. - Good designers and developers on the product team. - Team members who were part of the layoff were extremely supportive, beyond any expectation I could have for that situation I found myself in. I will be forever grateful to that community.

Cons

- The CEO explicitly assured the company at an offsite that finances were great and layoffs wouldn't happen. Two weeks later, I was laid off. - The layoff occurred just four weeks before my scheduled paternity leave, causing immense, unnecessary anxiety. - Once you are out, you are erased. Management and former peers completely iced me out and never reached out again, exposing a deeply cold, phony and transactional culture.

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