Formlabs reviews

3.2

49% would recommend to a friend

(470 total reviews)
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Maxim Lobovsky

58% approve of CEO

61% positive business outlook

Formlabs has an employee rating of 3.2 out of 5 stars, based on 470 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Formlabs employee rating is in line with the average (within 1 standard deviation) for employers within the Manufacturing industry (3.5 stars).

Reviews by job title

470 reviews
2.0
Jun 17, 2024

A success in spite of themselves

Recommend
CEO approval
Business Outlook

Pros

You will work with some of the most talented and interesting people you've ever met. You'll find pretty standard start up perks throughout the office.

Cons

Formlabs was an incredibly frustrating place to work for. I was told to keep a close eye on my budget and save whenever possible all while being tasked with C-Suite vanity projects that led nowhere or delivered any sort of value beyond stroking their ego. Also love being forced to buy my stock options only for them to sit useless for years. I've been given absolutely no information or options to do anything with them. The company offered buybacks at one point, but I'd never know if that's an option I could take. The pay is total crap, ESPECIALLY for an area like Boston/Cambridge/Somerville. There are multiple apartments in the area filled to the brim with Formlabs employees trying to split costs to live within a reasonable distance to where they're required to be in office. Formlabs is openly hostile to remote work. Others have articulated their cons way better than I ever can, but take a look. Read HR's responses over the past few years, it's always the same "we hear you, and we're working on it" or "sorry you felt that way."

1.0
May 29, 2018

Don't Drink the Kool Aid

Recommend
CEO approval
Business Outlook

Pros

Typical startup benefits. Free lunch three times a week paid benefits stock options unlimited vacation free well stocked kitchen unlimited 3d prints work activities make your own hours dogs at work access to a well equipped makerspace 24/7

Cons

Disorganization to the point where there is no accountability. Even in management it is difficult to do hold anyone accountable. The opportunities and raises and bonuses are lies, and are only reserved for the heads of each department/PHD's, regardless of the additional work you do or impact you have on the product. Management is nepotistic, as echoed in previous reviews, leaving no real advancement opportunities available. Ostracism. If you disagree with the formlabs way, suggest something better, express discontent, or "go against the grain" to accomplish things more efficiently, you will simply be ostracized. Very relaxed attitude towards safety. There were many complaints that went unresolved despite being reported to the safety officer, management, and ultimately OSHA, then the company pretended like they had no idea what went wrong or why. Pay well below the area average. Management tries to goad you into working there by pushing the idea of stock options and free health insurance, but if you've worked at startups before, you will know that these benefits have become pretty commonplace and are not worth such a huge pay cut. Work overload. Poor scheduling and disorganization make everything constantly feel like that last minute rush.Procurement issues are rampant, no one is to be held accountable, leading the lower level guys to work constantly to try to make up for the deficit. When this is brought up to management, they respond by asking you to work more hours, even if you've already worked over 40 hours that week. Parking. There simply isn't enough. Lastly, Formlabs distributes emails to encourage their employees to leave positive reviews on Glassdoor in order to "win cool awards" and appeal to more prospective employees. There was a recent string of very good talent leaving the company for better prospects, and no effort at retention was made. Everyone is disposable to the company. Very little actual talent stays longer than 1-3 years.

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Formlabs Response
8y
I'm disappointed to hear that you had such a bad experience working at Formlabs. Formlabs is not for everyone, but no one should leave with such a negative feeling about their time here. We've made a concerted effort in the last year to add structure around performance and growth opportunities. On compensation, we've been taking a financially responsible approach (as opposed to tech startups that have raised huge amounts of money, paid big salaries, and failed quickly) which means salaries haven't been as high, but have always included significant equity which has rapidly grown in value. As we've gotten to the point where we pay salaries with our own sales and profits, we've raised compensation. Ultimately, it's an individual choice whether it's a fair deal, but many people continue to think so, including most of the best people that we've ever hired. We are explicitly trying to hire and retain people who want to define their own careers and are motivated by working with other very talented people on challenging problems that make a real impact in the world. So far, we've executed on that. We intentionally focus on nurturing the best talent and have built a core of excellent people to drive the company forward. (Link: https://www.nolancg.com/blog/spend_the_most_time_with_your_best_employees) This has created great opportunity for many individuals to grow, despite being fairly early in their careers. We prefer to develop internally where we can (though we've certainly hired many experienced managers). This is a tradeoff, but it's a conscious choice that we believe rewards very talented people and ultimately builds a better leadership team. The last thing we want is for people to drink the Kool Aid. Our culture of vigorous debate, rapid and direct feedback, and focus on results is how we've gotten as far as we have and how we will go much further. -- Max Lobovsky, CEO
1.0
Jan 4, 2020
Recommend
CEO approval
Business Outlook

Pros

Looks good to have a tech company on your resume at your next job

Cons

Unhealthy and unprofessional work environment, no work/life balance, job and sales plan would constantly change to stagnate wages, high turn over rate, low pay for comparable jobs down the street. You are lied to from the beginning, your pay is low compared to exactly comparable jobs without any extra stock options to come close to making up for it. Example 'We offer unlimited PTO!' - Turned out to be a lie and we were told how to request PTO...They took away days we could work from home, etc. Basically any benefit offered by a company in 2020 when a job can be done from home. They lie to customers as well and a manager at a town hall said that lying to customers was part of being a startup...? Once we hit a certain number of employees benefits including great health insurance were slashed. Multiple missteps with major/flagship product launches. Fuse was launched literally YEARS too early (still not released while writing this), but they had no problem taking payment in full as "reservations". Form 3/3L release was a series of bad leadership decisions after another; Hurting sales reps reputations with no acknowledgement or corrective action taken by senior leadership. Employees who spoke up were ostracized and/or let go. CEO and upper management are incompetent and immature; They lack the capacity to take responsibility and acknowledge what they have done wrong. Cult like atmosphere, you're either in or you are out based on how popular you are or how long you have worked there. CEO and upper mgmt expect everyone to have an "employee number 3 at the company" attitude when in reality you're probably #500+ with a couple hundred shares and low pay... HR is non existent and run by unqualified people who have worked there "since the beginning" and are untouchable, hence the cult like work environment that is only perpetuated by this group. Told they have progressive and forward thinking staff/workplace atmosphere - Last manager before quitting was outright racist and homophobic. Company did not seem to care about how he makes Formlabs look or how it affected our team's moral. Company designed so only sales people have direct lines and working phones = Sales ends up doing all other departments jobs that require customer facing interactions. A logistics team that does NOT call or speak with customers...? As people quit, they are never replaced leading to more and more jobs falling onto people who should not be doing them. Upper mgmt also mentioned we don't have money to pay people higher salaries, and people should be grateful for what they are already getting, all while the company spends $60k a WEEK, that's $60,000/week on lunch that you have no control over- Hope you like all vegan and veggie options! All of the "perks" they try to confuse and lure you with are not as good as they seem: We have beer and cider! - Reality: Keg is always tapped or Foamy We have Ping pong! - Who cares? I'm at work and it ends up starting arguments/it's disruptive (people got banned from playing over game related arguments) We have a full kitchen with snacks! - So I can work here longer and never go home?? All of the perks they offer = Less money on your paycheck and excuses for them to tell you how great you have it working there. Always remember: You can't pay your rent in ping pong games and foamy beer. Too many kids starting their first job at this company too, don't work here if you're looking for a professional environment, basically 'high school + printers'. Find a job that will not use and abuse you, too many amazing opportunities in Boston and Greater Boston Area to fall victim. High turn over rates and brain-drain occurring are not a curse at this place, they are a symptom of a diseased and delusional management team.

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Formlabs Response
6y
Thank you for taking the time to share your open and honest feedback. I’m sorry to hear that your experience at Formlabs was negative. We recognize that as we grow as a company, there will be changes and ambiguity, particularly as we launch new products. We are working hard on strengthening internal communications so that our employees are more prepared for these changes as they arise. Our team of Human Resources Business Partners is also focused on engagement across the company to tackle some of the concerns you raised around employee turnover and rewards and recognition. On our Sales & Services teams, we are specifically thinking about how to ensure that our employees have the information and support they need to best deliver for the customers they interact with on a day-to-day basis. Recently, we held team-specific sessions to share and discuss our August 2019 engagement survey results; these sessions have helped us identify how to best respond. One action we took in November was to meet with our direct sales team in order to explain the compensation structure in more detail, and we’ve since made changes to better support our sales reps in 2020. In response to your concerns about management at Formlabs, I do want you to know that we take any concern about discrimination very seriously and there is no tolerance for that in our professional environment. We will actively address this with HR and management as this is not the experience any employee at Formlabs should have. Change can take time, but please know that we hear your feedback. We rely on comments like yours to inform what we do next in order to create and sustain a strong, positive employee experience. Thank you again for your candid comments, we really appreciate it. --Mireille Hartley, HR Business Partner, Customer Team
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Glassdoor has 639 Formlabs reviews submitted anonymously by Formlabs employees. Read employee reviews and ratings on Glassdoor to decide if Formlabs is right for you.