Do not join! Stress, fire and hire, layoffs, fear
Pros
- Nice central office with a nice rooftop - Salary bands and promotional paths are more or less public, so you can know what to expect and when - Cool all hands events
Cons
- They overhired for years. Now they did 1st mass layoff in 2020, 2nd in 2022 and said there would be no more. Guess what, they did 3rd layoff in 2023. - Job is not stable. I have seen people not passing probation, because their work was no longer needed. Many job contracts are limited to only two years, so you are under constant stress. - Business is not doing great in Germany, just look at the official yearly numbers. Company's international revenue is declining rapidly, leading to working under pressure and uncertainty. - Many smart people leave and those who stay are quiet for fear of being laid off. Terrible culture. - 4x day RTO and gossips about 5x day RTO. - Constant reorganizations etc. - Job satisfaction is low (as per Voice surveys) - Negative outlook for DE