Crypto.com reviews

The Bulgarian branch of the company had massive layoffs. However, the figures shared by the CEO regarding the layoffs are inaccurate and do not reflect the true extent of the downsizing with thousand of people losing their jobs. The competence of the management team responsible for overseeing the downsizing process. The way in which the layoffs were conducted and communicated to affected employees - poorly planned and executed. No transparency and integrity of the company's leadership. Many employees were left demotivated and disillusioned with the company's leadership, and this could have a negative impact on the company's overall performance and reputation. Employees' worth and contributions are not acknowledged or appreciated.

-Management lacks transparency. They're not open and treat employees are just treated as a number. -Management has lack of foresight. In mid 2022 they hired lots of people, only to lay them off 1 month later. You would think they would have learnt but they repeated the same thing towards the end of 2022, hiring numerous people only to lay them off soon after. -Ceo is dishonest, lies about layoff figures.1st round of layoff is not 5% but closer to 40%. the latest round of layoff is mentioned as 20% but is probably closer to 50%. Also paints a good picture internally but proceeds to lay people off suddenly with no tact, just an email from HR to personal acct and people realizing they got locked out. -The salary is pretty poor, considering that the bonus and rsu vest in small amount in the 1st year. A lot of people did not manage to get bonus or rsu either since they got laid off. -Would not recommend anyone to work here as management has a total lack of regard for employees. Its really sad that a lot of capable people got burnt, rejecting good offers and leaving their comfy tech jobs only to get laid off due to poor & inconsiderate decision making. -The company spends a lot on marketing. Sadly, similar to its marketing, it tries to look expensive outside but lacks the quality to back it up internally.