Layoffs, Employee Retention Issues & Never-ending chaos - Product Manager SiriusXM Employee Review

1.0
May 18, 2023
Recommend
CEO approval
Business Outlook

Pros

- Health insurance - 401k - Paid time off

Cons

- This company has an employee retention problem. This is due to a lack of management's willingness to actually manage their teams & a lack of consistent high-level strategy. They shower you with restricted stock units that don't vest for 4 years, hoping the bait will be enough to keep talent - it isn't. - The corporate culture is chaotic, passive-aggressive, lacks team players & cross-functional communication. People are throwing each other under the bus. - High-level managers take their vacations, leaving their teams holding the bag & then upon returning, place blame on individual contributors who are working tirelessly to do their best work. - High-level management doesn't know how to manage. They hoard information & then look at you sideways when you say you didn't know x,y,z. How could you? They don't share ANYTHING. The entire company has allowed politics to maintain siloed teams. - This company laid off 400+ highly intelligent employees back in March, only to turn around & start hiring new people. Just the re-org alone has caused some employees to voluntarily quit. - The CFO left the company - The current CTO has a bias for hiring & continues to bring his own people from Disney+. - SiriusXM decided to announce that all employees have to start going into the office 2x a week, even if you were told when you were hired that you were remote only. Mind you, most of the people I work with aren't in the same state as me, so even if I go into the office, I'll be sitting on Zoom calls. Makes absolutely no sense & is causing even more friction.

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5.0
Jun 15, 2026
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CEO approval
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Pros

Great learning experience Legitimate responsibilities End of summer presentations

Cons

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3.0
Jul 7, 2026
Recommend
CEO approval
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Pros

Great work place with fun people

Cons

One of the biggest challenges is that most people start as part-time employees. Given the current state of the radio industry, there isn't much room for raises or upward mobility. In many cases, the only way to advance is to wait for someone else to leave so that a full-time position becomes available.

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