Great vision overshadowed by poor leadership and “confused” execution - Software Engineer bei ONCI: Mitarbeiterbewertung

Unfortunately raising a lot of money has turned into OakNorth’s biggest curse. While they have hired good talent at junior to mid-levels, C level hires are terrible, drive a toxic culture and backstab each other. They tend to contradict each other and are often overridden by the founder which make it extremely difficult/confusing for everyone lower down the chain. While OakNorth is meant to be a scale up, it’s already hounded by the poor communication and politics of a large organization. You might see a pattern here across reviews. Most reviews call out the CEO and CTO both of whom are highly incompetent.. The CEO is ex Google HR guy. Most employees wonder what value he brings other than managing the founders. Even the HR function (the one function he should be good at) is a disaster marred by poor communication. Then you have the CTO who hates being challenged and has been the reason why they are bleeding talent. They continue to make poor hiring decisions. Moreover, all of them are just focused on managing the founder and not doing what’s right for the organization. Company changes directions every few months and hires/fires employees to go after a shiny new idea that can boost valuation and keep investors happy. OakNorth is facing massive attrition issues and bleeding good talent. There is no clear career path for employees and HR communication is poor. Most people seem to join as they are offered a high base pay. Once they join, there is no career growth, neither is it financially rewarding. No wonder OakNorth is experiencing a massive exodus of good talent. Company is big on talking about values led by the other cofounder.. 10X, #ONETEAM, #MOMENTUM etc.. most values are suited to squeeze employees and are manipulated based on the convenience of the leadership team.