Stock Price Is Up but Work Environment is Down - Anonymous employee Myriad Genetics Employee Review

3.0
19 Oct 2017
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Get to work with lots of intelligent, educated, caring people. This company encourages education, and they keep a powerful focus on the patient.

Cons

This used to be a great place to work, but they just slashed our benefits. They are all about the bottom line. Since Pete Meldrum left, the executives care only about the stock price. I will be looking for a new job. Our stock price is doing well and still, they are slashing and cutting. They took away our ESPP, doubled and tripled our premiums, slashed our 401K, upped our deductibles, reduced our yearly pay increases. Also, there just isn't enough PTO. If you (or your child) gets sick, don't plan on a vacation.

Explore other reviews about Myriad Genetics

5.0
18 May 2026
Recommend
CEO approval
Business outlook

Pros

I love the culture here!!

Cons

I honestly don’t have any

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Myriad Genetics Response
1w
We appreciate your feedback and insight. Thanks for taking the time to write.
4.0
21 May 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

They are a market leader in genetic testing and precision medicine. They have good products backed by compelling science. The work environment is inclusive, and the people are amazing to work with. They have generous benefit packages.

Cons

Myriad has faced headwinds in the last few years and it's reflected in their stock price. Investors don't seem to have a lot of confidence they can stay relevant and improve revenue generation. There has been a lot of executive leadership changes, and they are trying to find their footing. This is creating a lot of change, and it's difficult for the employees to see how this will improve in the long run. Their product portfolio is generally behind competitors, and they are not keeping up. While they work to gain parity, competitors are changing the target.

avatar
Myriad Genetics Response
1w
We appreciate your feedback and insight. Thanks for taking the time to write.
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