Laying off every few weeks without notice - Anonymous employee Monks Employee Review

1.0
Sep 12, 2023
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The benefits were nice (remote work, PTO, etc)

Cons

MediaMonks has had the worst integration/acquisition growing pains. Tough enough as it is, they've been laying employees off SECRETLY - without making any statements or notices to the employees. All we find out is that someone from another team or department got laid off, and everyone is scrambling to fill in and help. They lay off a few people here and there every few days to not cause panic amongst the company or affect the stock price. Meanwhile, we are all NOTICING that heads are blatantly disappearing and names are vanishing on Slack. Pretty sad to see especially since they're laying off a lot of employees that have been with the company for extra long. It appears they're hiring cheaper resources from outside the US or replacing loyal employees with people who will take a lower salary. Management is starting to nod toward a return to office. Most new hires go in at least once a week.

Explore other reviews about Monks

5.0
May 5, 2026
Recommend
CEO approval
Business Outlook

Pros

great place to work often

Cons

not ideal break time options

3.0
Jun 8, 2026
Recommend
CEO approval
Business Outlook

Pros

The team members who are in the weeds

Cons

* Low pay and lack of career progression. Last year I had my first raise in years but it was a VERY small increase that hasn't improved my quality of life unfortunately. This year they pushed the merit increase by half a year. There isn't a doubt among all of colleagues that this is an intentional move to get more folks to quit / save money. * High employee turnover. * Multiple waves of layoffs and departures since 2024. Lack of communication and planning around layoffs leads to us having to figure out solutions on the fly and it honestly does not seem like that leadership cares about how these layoffs are affecting the CURRENT business. * Rotating door of Execs who have no idea what's going on in the ground. We're just treated like numbers on a spreadsheet.

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