No strategic direction of company, poor execution - Product Manager bei Banked: Mitarbeiterbewertung

1.0
20. Dez. 2022
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CEO-Befürwortung
Geschäftsprognose

Pros

- Fun operations team - Good socials (minus point below)

Kontras

- Surprisingly stale for a company so young - No driving strategy behind company growth, changing direction every few months, making it hard to get aligned - No real execution on product roadmap because of constant back and forth on exec business decisions - Some ego-driven individuals who get power trip on their roles, overheard threatening to fire people at company social (for context - for being slightly drunk and too chatty, i would understand if different circumstances. But even if true, that conversation should be professional and in private) (unnaceptable in my opinion, doesn't create a safe space)

avatar
Reaktion von Banked
3y
Thank you for taking the time to share your feedback. From the top down, the key to our business is our commitment to our people. We strive to provide an environment where our employees feel they are valued, treated fairly and respected. We are a well funded start up in an exciting and dynamic environment with a significant commitment from our investors, which means decisions are made quickly and decisively.

Mehr Bewertungen zu Banked entdecken

1.0
31. Mai 2025
Mitarbeiter (anonym)
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CEO-Befürwortung
Geschäftsprognose

Pros

Nothing. Worst company ever. You may get some swag.

Kontras

They will lay you off at the blink of an eye. Do not trust these people.

4
2.0
6. Feb. 2024
Mitarbeiter (anonym)
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CEO-Befürwortung
Geschäftsprognose

Pros

Good product, nice culture, and friendly hard working people. Great place to work but for the gross financial mismanagement that resulted in a lay off of 30% of the workforce in January 2024. It's a shame that so many people lost their jobs either due to the CFO and cofounders incompetence, or questionable morals. Not sure the company will survive unless they magically get more funding.

Kontras

Not a stable place whatsoever. Layoffs of varying scales seem to be the norm.

9
avatar
Reaktion von Banked
2y
Thank you for taking the time to share your thoughts and concerns. It is important for us to hear and we appreciate all feedback, as it helps us reflect and make improvements where needed. We understand that the impact of layoffs can be incredibly challenging. While we cannot change the past, we want to assure you that we take feedback like yours seriously. We are continuously working to refine our processes and provide support to our employees during periods of transition. As a company, we strive to navigate such circumstances with empathy and fairness, while also ensuring the long-term sustainability and success of our business. The difficult changes that we have made are necessary to align our organization to match our strategic priorities, and those of our clients and partners. We are thankful for the many contributions of our former teammates and energized to push forward and continue to build on the exciting opportunities ahead for Banked. If you wish to discuss your experience in more detail, please do not hesitate to reach out to our People Team. Thank you again for sharing your thoughts, and we wish you the very best in your future endeavors.
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