Frequent pivots, lack of direction and layoffs - Anonymous employee Remitly Employee Review

2.0
Feb 13, 2026
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Diversity of cultures including in leadership Flexible PTO Strong benefits Mission driven

Cons

Frequent pivots in business even on a monthly level. No point in annual plans. Layoffs that are frequent and unreported whether due to % "underperforming" or no reason given. Lack of work life balance due to scarce resources Leadership now concentrated in Europe which is becoming disconnected from the bigger US and Canadian businesses Does not support remote workers

Explore other reviews about Remitly

5.0
Jun 22, 2026
Recommend
CEO approval
Business Outlook

Pros

AI Native from first principles. Colleagues are strong and collaborative; this is the most consistent positive across teams. The mission is concrete: moving cross-border money for people supporting families. It informs prioritization and trade-offs. Scope and responsibility are available early to people who take them. Compensation and benefits are great. The company has a defined strategic direction under new CEO Sebastian Gunningham and is executing against it. Exciting time to be here.

Cons

Big org changes as the company reinvent, not for everyone.

3.0
Jun 18, 2026
Recommend
CEO approval
Business Outlook

Pros

The company started off to be great when I joined a few years back. Lots of hands on opportunities, some great people to work with. Benefits are good, people are valued and contributions are seen.

Cons

The company really started to go downhills in 2024 when there are constant leadership changes, mission changes, priorities changes and team orgs. Business Managers are starting to act like the "decision-maker" over pretty much all product and marketing decisions. We start to question if the direction we are focusing on is even right. Is it customer-centric still or is it more business-oriented. work life balance is bad stress is high people are no longer valued, heard or seen you know a company is going in a negative direction when you start to see tenured employees to leave, smart people to leave as well.

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