1.0
4 Feb 2016
Anonymous employee
Former employee, more than 1 year
New York, NY
Recommend
CEO approval
Business outlook
Pros
As someone else said, PlaceIQ was a great company a year ago but not now. Interesting technology, beautiful office, smart people, nice people, casual work environment, lots of free food, great work/life balance.
Cons
Executive Management is running the company into the ground. Just had a major layoff on January 31 - when a few short months ago - employees were told at an All Hands Meeting not to worry, don't leave them, they have money. Then Boom! last week they suddenly laid off a lot of people in order to make their latest funding last. If you lied to your employees, that is awful. If you truly did not know the financial circumstances, you need to fire your CFO. Executive Team does not know what they are doing.