Angi has struggled with a consistent strategy, having gone through a whopping 4 CEOs in just 4 years, each bringing frequent re-orgs and pivoting the company's strategy and direction. The inside motto was that "the only constant at Angi is change" (and not good change). The latest CEO is highly tops-down and seems to go with his gut, with limited input from the broader team. The stock price has tanked and is now 10% of what it was 4 years ago.
The product has significant issues — it is very spammy and internally even leaders have joked they wouldn’t recommend it to friends or family. Most of the product team’s time is spent maintaining the system rather than innovating - which can be frustrating and discouraging if you are excited about making change.
Pay is below market and RSU refreshes are rare (on top of that stock price has tanked in value). The feedback process lacks transparency. Employees are graded on a scale that then isn’t shared with them, which is out of step with standard practices at other companies.
Overall, it's tough to make meaningful change in a company that feels like it's just trying to stay above water and constantly disrupted with re-orgs.
