N26 Software Developer reviews

Toxic environment! No increase for more than a year! So much stress during the hypergrowth that was like hell. They put people on kurzarbeit and then 29 days lates they extend the funding round with 60 Million. They never had an issue to keep that people they just wanted to use the program just not to pay them. Also they used that to get rid of some people. Many people left because of that. Another many reason that people leave is because of salary. If you joined more than 2 years ago you still be in a low salary. When you ask for an increase they give you excuse and they tell you you are in the correct range. But you do not know the range of your position. They put many people on PIP in order not to increase their salary. Everyone calls it now the titanic of Berlin. Everyone is making fun of by saying everyone is jumping the N26 ship. People that they are great on what they are doing they just go to another company and they get much more money. The only people that stay are the ones that are friends with the management and the ones that are not really capable to do anything. 7 million customers but maybe half of them are not even identified. They just sign up with the email and they never complete the process to receive their card. Revolut and vivid are ahead now. No more innovation or new products coming in the future. They made such a big deal when they released dark mode that was a big feature 😂

- The product has stayed frozen for the past years. It used to be innovative, fresh and pushing the limits. Nowadays no features are ever added, no support for crypto, no investment options for most markets. We have fallen behind the other players in the market, they used to be copying and trying to keep up with us - this is no longer true. - Very hard and bureaucratic process to get a raise (and only 1-2 instances per year for this) - Lower standards for hiring: the hiring process used to be harder, nowadays it seems that almost anyone who is willing to join us (fewer by the hour...) gets an offer. Giving a "no" to someone gets a lot of pushback sometimes and pressure to change your review to a "yes" - Bad hiring process - related to the previous point: the questions have been the same since before I joined the company (3+ years), a simple google search will give you most of the answers. - No salary updates for people who have been in the company for a long time: there are many discrepancies in many roles, for example engineers with the same title making 20k more than other, not always deserving this difference. - Very bad engineering decisions in many areas: this depends a lot on the team you're working on, I would say half are bad though. Some areas have unqualified "leaders" (see previous point on bad hiring...) who boldly take random architectural decisions that have a huge impact on the team and its roadmap. Months/years are then spent following these crazy, poorly thought-out decisions which lead to even worse situations and a mess. - People quitting: so many people have been quitting lately that there is a weird atmosphere in the company, people are no longer proud to say they work there. The better employees are all going elsewhere and we are left with these unqualified leaders/employees happily taking all the new responsibilities and getting promotions. - C-level/upper management are mostly terrible. The ones that are good are the ones who quit over the first months they joined (check the news on C-level changes and you'll see how many are changing all the time). The others are completely clueless. The current CTO barely addresses the tech department in general, I have never once heard him talk about actually useful proposals to improve *anything* in the company.