Felt like a hostile takeover; became a toxic environment with low employee morale - Mitarbeiter (anonym) bei CreditCards.com: Mitarbeiterbewertung

1.0
12. Sept. 2018
Mitarbeiter (anonym)
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CEO-Befürwortung
Geschäftsprognose

Pros

It's a long-established, profitable company which has been purchased by a much larger, established, profitable company. If you are a young professional or fresh out of college who fits in with Red Ventures culture, you will do well.

Kontras

The new parent company tends to be insular, very bossy, highly centralized, and ignores dissenting expertise that come from outside HQ. Company culture borders on tribal, even cultish, which has made for a difficult transition since the buyout. Leadership tends to be domineering and top-down while being all smiles and professing to be free of hierarchy. Because the parent company is based in the Carolinas, they have difficulty grasping the cost of salaries and real estate in Austin. This has negatively affected staffing levels and compensation. The Austin office will lose its bonus plan and transition its benefits to the parent company’s in January 2019. Everyone with knowledge of the business or industry in Austin has been fired or quit. Almost no senior-level talent remains. Thanks to layoffs and attrition since November 2017, the Austin office is now approximately 45 people, down from 120. Any feedback provided by the Austin office to the parent company tends to result in combative, defensive responses from HQ.

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5.0
9. Juni 2023
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CEO-Befürwortung
Geschäftsprognose

Pros

- Small team working on significant projects - Great management - flexible working hours

Kontras

- customers could be difficult - priorities can shift quickly

2.0
22. Mai 2017
Mitarbeiter (anonym)
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CEO-Befürwortung
Geschäftsprognose

Pros

This USED TO be a great place to work at. Smart people, Management was approachable, new ideas were encouraged, everybody got along really well. I looked forward to going to work every morning.

Kontras

Another reviewer pointed this out. Over the last couple of years, there have been some changes to the senior leadership team. In Technology, only "friends" of the leadership were given benefits and roamed free. Others were let go, unfairly accused of poor performance. The new product team only hired from the leadership's close network. See interview reviews - this does reflect the problem. Plenty of favoritism going around, leading to a poor culture and work environment.

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