Layoffs Galore. Poisonous HR Runs Company - Product Manager Envestnet Employee Review

2.0
14 Jul 2023
Recommend
CEO approval
Business outlook

Pros

Work/Life Balance Cool Office Building

Cons

Zero company loyalty which is, unfortunately, expected these days. However, Envestnet takes it a step further. Most employees are remote but are now starting to be required to return to the office. Recent round of layoffs was handled unbelievably poorly. HR sends the company a fake email to all employees to stay home due to various reasons (A/C not working, for example) because HR finds it easier to let their people go over the phone rather than have the respect and courtesy to tell the employees the horrible news to their face. Now, with multiple rounds of layoffs, people are scared for their jobs and morale is at an all-time low.

Explore other reviews about Envestnet

5.0
21 May 2026
Recommend
CEO approval
Business outlook

Pros

Work life balance is extremely good.

Cons

Lack of transparency for career growth.

5.0
13 May 2026
Recommend
CEO approval
Business outlook

Pros

Good pay and great benefits

Cons

A lot of reorgs and management changes

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