Big Talks - No Action & Vision - Associate Principal bei MathCo: Mitarbeiterbewertung

2.0
9. Juli 2023
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CEO-Befürwortung
Geschäftsprognose

Pros

I'm writing this detailed, honest and unbiased review after completing a year in this company. There are some pros about this company, but unfortunately cons are much more than pros. So if you've an offer, don't join. If you're planning to apply, please don't for your career's sake. Pros 1. Permanent work from home (Yes, you read it correct. Company doesn't force its employees to come to office and this is the best part of working here) 2. The HR team (they call it PSO - People Success Organization) is good and genuinely tries to address your concerns/grievances 3. Company provides good gifts from time to time 4. Good leave policy (Quarterly cool off leaves, mandatory leaves, period leave for women etc)

Kontras

Cons 1. Job Security Company has laid off more than 15% of its total workforce (250+ employees) so far this year as they overhired. Layoffs are still happening as I'm writing this review. Over hiring happened because they forecast projects over ambitiously while in reality it does not have the talent/skill to tackle all sorts of problem statements within analytics. However, 2 months of severance pay was provided to all employees who were laid off. Leadership went straight for the option of layoffs without considering the option of pay cuts so that layoffs could be avoided. 2. Leadership Leadership team especially the 3 co founders have no vision. They talk big, but there's zero action. The main co-founder and CEO's best skillset is hogging food. You'll see him travelling from one office to another having team dinner/lunch etc all at company cost/budget. While not travelling and hogging food, he'll be busy taking attendance if people are attending leadership meeting, managers meeting and breakfast meeting. He also boasts that his company is way better than other competitors like Tiger, Tredence, Fractal. In reality, math company's current situation is worse and no where near to the competitors 3. Industry Position Math Company was a strong contender in analytics based on the Forrester report last year in Jan 2022. Based on the recent Forrester report, they don't even feature in the list. Lack of vision and strategy has ensured they've fallen way behind while their competitors marched ahead. 4. Projects/Quality of Work They call themselves a data science company, but there's hardly any data science work here. Most of the work is reporting, dashboarding or visualization. Even within the few data science projects, it's just running the model and fine tuning it. 5. Hiring In their quest to overhire, they diluted their hiring standards and hired below average folks into the company. Some of them have been laid off as part of the ongoing layoffs, but many still remain within the company. Even otherwise, their hiring process is not rigorous compared to other competitors and major focus is is on hiring freshers straight out of college. 6. Managing Costs They got good funding in Jan 2022, but they've splurged it by providing 2 way tickets to all new joiners to fly down to bangalore for onboarding, providing new joiners/laterals 1 week of hotel accomodation, frequent team meet ups where the entire team is provided 2 way tickets and hotel accomodation varying from 2 to 5 days. In the US, the new joiners were taken for basketball matches where the company paid for their tickets. There's no company even big MNC's who spend like this on their employees. Company justification provided was this would ensure team bonding and provide facetime. This has honestly backfired as currently there's a major emphasis on cost cutting and many employees have been laid off. 7. Transparency All the 5 star reviews here are written by their leadership team folks or folks who've been in the company since its inception. Whenever there's a bad review, it's immediately followed by a 5 star review from an existing employee to do damage control. This was a strategy discussed in the weekly Tuesday leadership meeting. So you can imagine how the leadership here is when it comes to hiding stuff and being transparent. Even google reviews are mostly written by folks from the marketing team (You can verify by searching the names on LinkedIn). They talk about transparency, but their actions DON'T match their words.

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Reaktion von MathCo
2y
Thank you for taking the time to share your feedback with us. We’re sorry to hear about your experience with us so far. We apologize if your grievances were not addressed adequately. However, we sincerely value your feedback and wish to learn how we can provide you with a better experience, in order to deliver a nurturing work environment for all our employees. As a dynamically growing and evolving organization, we constantly strive to provide our employees with a holistic experience of learning, growth, wellness & a sense of belonging. Please feel free to voice your concerns to your manager or your People Success Org partner or simply write to people_success@themathcompany.com, and we will ensure that you are heard. However, if you want to express your concerns anonymously, kindly use the anonymous feature on Amber to voice the same.

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Thank you for sharing your feedback with us. We're delighted to hear about your positive experience and are grateful for your kind words.
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Thank you for sharing your feedback with us. We're happy to hear about your experience at MathCo and especially glad to know you were able to tap into our learning culture. We also appreciate your honest feedback about the challenges, as it helps us continuously improve how we work. We wish you the best in all your endeavors!
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