In a hard place, but potential to recover - Anonymous employee Pexip Employee Review

4.0
Jan 13, 2023
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Lots of great people. Not all great performers, but they've managed to keep toxic people out which makes it a pleasant place to work. Throw a great party. Fully remote working supported. Great product in the right customer circumstances. Great compensation. Genuinely enjoy working here day-to-day despite some of the frustrations below.

Cons

Two rounds of redundancies in 2022 though dealt with fairly well considering. Redundancies mean career development opportunities are now extremely limited. Weak senior leadership team, still all in place despite not hitting any publicly stated targets for a long time now. Some is market forces but could have definitely done better. Changed strategy mid 2022 only to revert in late 2022. Wasted incredible amounts of time and money. CEO told us in July 2022 how much he believed in the new strategy - so should we still believe in him after he got that wrong? No proper CTO or Product Management which is very bad for a technology company. Doesn't scale. Still a fair amount of promotion of old timers just because they have been around for a long time.

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Pexip Response
3y
Thank you for taking the time to provide honest feedback about your experience working at Pexip. We are really glad to hear that are enjoying the people that you work with and our work from home policy. You are right, we have gone through a redundancy to better align with the market and company goals and your feedback is valid. Appreciate you taking the time to write us a review. If you have any other helpful insight to offer please reach out to your local HR Director or speak with your manager directly.

Explore other reviews about Pexip

5.0
Aug 28, 2022
Recommend
CEO approval
Business Outlook

Pros

Excellent work culture and incredible employees A very friendly and inclusive environment Awesome upper management Remote work option

Cons

The remote work option leaves the office with minimal people most of the time

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Pexip Response
3y
Thanks for sharing your experience at Pexip! We are so excited to hear that you love working with your teammates and enjoy the inclusive work environment that we offer. We strive to hire great people who are passionate about the company, technology and are fun to work with. Yes, Pexip allows employees to work in a hybrid environment that best suits their working needs which has created less traffic in the office. We are working on a plan to encourage employees to come back in more often in the new year. If you have any suggestions or ideas to better integrate our back to office efforts please reach out to your local HR Director.
4.0
Jan 9, 2023
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

I had some really amazing people who took time to help me be successful in my role. The benefits are amazing and the ability to work remote is nice as well. Also, they take you on some nice trips!

Cons

Their can be a very clique vibe when you do attend something onsite and it can feel like there is some sort of favoritism for employees who go to the office. There are people who quietly do that job well and aren’t really noticed and others who make sure to rub elbows with the right people as much as possible to advance their careers and it appears to work quite well at Pexip. The company also hired a lot of people in 2021 and in 2022 let a lot of employees go. They did one set of lay offs and assured the rest of us their were not going to be anymore lay offs. Shortly after that they were laying off people here and there and then in November did another massive layoff.

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Pexip Response
3y
We appreciate you taking the time to share feedback. Glad to hear that you enjoyed Pexip's benefits package and the work life balance that is offered. We strive to make sure that our benefit offerings are competitive and valuable to our employees. You are right, we did grow our teams in 2021 and 2022 and during that growth period, followed growing pains that Pexip had to navigate and manage. We hear the feedback and communication is one of our strategic goals for 2023. Appreciate you taking the time to provide feedback.
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