Pros
Remote working and empathic colleagues
Cons
This used to be a solid business with a strong reputation in the FX space. Since the current CEO stepped in and pushed everything under the Redpin brand, it’s been downhill. Strategy now revolves around one thing only — going public. It’s become so predictable that people joke about tallying how many times “IPO” gets mentioned during town halls. That pretty much sums up the culture at the top. Execution has fallen apart. Theirs is a “roadmap”, but no accountability, and no financial performance worth talking about. Yet somehow, those responsible are still in charge. The product team has been restructured with flashy CVs from big corporates. These hires may have pedigree, but they lack empathy and people skills. Conversations with managers have become transactional — more about reporting than supporting. There’s no time or interest in helping team members grow or even checking how people are doing. Unsurprisingly, those brought in to transform the function are already heading for the door. One has already gone, another is leaving, and the third seems to be biding time. Then there’s the redundancy pattern. Every three months, a handful of people are let go — carefully kept under twenty to avoid triggering formal processes. It’s a quiet cycle that’s now part of the operating model.
