Once a great company, now one I would never return to unless CEO leaves - Software Engineer Altumint Employee Review

2.0
Sep 27, 2024
Recommend
CEO approval
Business Outlook

Pros

The company itself does good work and I enjoyed the actual job for most of the time I was there. The culture there was very good before the change in leadership.

Cons

It saddens me to write this review since I would have given Altumint at least 4 stars only a few years ago. However, my experience before departing was a culture of nepotism and fear. The new CEO Holly brought a very unhealthy work culture to our office. An office that she didn't ever seem to be in. I did not work near the executives, but I don't think I ever met with her once in my time there. It didn't seem like she cared for the staff, except I did hear that she hired her own family into a job over other people who were with the company for a while and would have been a perfect fit for the open position. I don't know what her family members' resumes are, but I would have thought there would be more oversight on the hiring since it did not look good to have multiple people from the CEO's family all come in.... I also felt like I could lose my job at any moment due to random budget cuts or unknown reasons. I don't know how the decisions are made on hiring since the company was bought or acquired by a private equity group, but we lost very hard working and valuable people that really cared and I am sure they will lose more unless things change. It seemed like the business is still a good product for people since we were kept busy. I really did like working there but I could not recommend working there now since it looks like the CEO is still there based on their website. The other people who are there or worked there who ran the company including the owner are good people too. I don't have any negative comments about them. I feel like they probably felt the same sadness I did watching the company lose good people because of Holly. The person that hired Holly just let a cancer run rampant and ruin the company from the inside which I can imagine translates to outside the company. It is all very unfortunate.

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Altumint Response
1y
Thank you for taking the time to share your feedback regarding our workplace practices, particularly concerning nepotism. We take such concerns seriously and appreciate your insights.

Explore other reviews about Altumint

5.0
Oct 30, 2025
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

great new leadership open & transparent willing to dive into details and help you

Cons

hours can be long office could be improved

1.0
Jan 17, 2025
Recommend
CEO approval
Business Outlook

Pros

Altumint provides a stable salary and benefits.

Cons

When I started working here, I had two managers above me in the company structure and ten teammates. Now, I have five managers and six teammates. My team's workforce/manager ratio went down from 5.5 to 1.4. Old managers who knew all the details of the products and cared about product success, including the founding engineer, were demoted to non-managers. The new management cares more about Jira tickets than the actual job. They constantly cherry-pick small but good-looking achievements for good reports to the higher management while ignoring the existing problems. Altumint promised career paths and salary increases from the beginning, but these promises ended up being nonexistent in practice. Staff turnover is extreme here, even among new management, including CFO, CSO, CTO, HR, VPs, etc. The new management pretends to rule a big corporation. However, it is still a tiny and slowly growing start-up where new management has drastically expanded the management structure and services without investing in the actual workforce.

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