A Nightmare Experience at Blockchains: A Warning to Job Seekers - Technical Project Manager Blockchains Employee Review

1.0
Dec 15, 2023
Recommend
CEO approval
Business Outlook

Pros

Based on recent events that unfolded there are none left.

Cons

I joined Blockchains with high hopes and enthusiasm for contributing to the exciting world of blockchain and self-sovereign identity (SSI). Unfortunately, my time at this company turned out to be nothing short of a professional nightmare. Here are the key reasons why Blockchains is the worst employer I've ever encountered: Heartless Holiday Massacre: One week before Christmas, the company decided to fire half of its employees without any prior notice. The cold and impersonal method chosen for this devastating blow was a Zoom call. It was a heartless act that left employees in shock and disbelief, ruining the holiday spirit for many families. This complete lack of empathy and disregard for the well-being of employees is beyond reprehensible. Founder's Ego Over Substance: The founder, a former lawyer, displays an egomaniacal attitude that overshadows any genuine interest or understanding of blockchain technology or SSI. It becomes glaringly apparent that the only thing driving this individual is their ego and public image. The founder's detachment from the core technologies the company is built upon is not only disheartening but also a significant obstacle to the company's progress. Management Incompetence: The top management at Blockchains consists of yes-sayers with legal backgrounds but a severe lack of comprehension when it comes to blockchain technology or SSI. This lack of understanding has resulted in a failure to release any product with genuine market potential. It's clear that decisions are made based on legal perspectives rather than technological feasibility, hindering innovation and progress within the company. Internal Politics Over Innovation: The only product that seems to be flourishing at Blockchains is its internal politics. The toxic environment fueled by power struggles and lack of vision has overshadowed any potential for innovation or collaboration. The focus on personal agendas rather than fostering a creative and forward-thinking atmosphere has turned the workplace into a breeding ground for discontent and frustration. In conclusion, Blockchains is undoubtedly the worst employer one could choose. The heartless firing of employees, the founder's ego-driven leadership, and the incompetent top management make it clear that this company is not a place for those who value their time, mental health, and professional growth. If you are considering Blockchains as your next career move, I strongly advise against it. Save yourself the anguish and look for opportunities elsewhere where your skills and efforts will be valued and appreciated.

Explore other reviews about Blockchains

5.0
Mar 4, 2025
Recommend
CEO approval
Business Outlook

Pros

Good people, non-toxic environment, flexible work schedule, pays well.

Cons

I had nothing but a good experience working here. I can't think of a single issue I had with this company.

1.0
Jan 20, 2025
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

100% remote work and very talented teams to work with.

Cons

Every negative review here is accurate, ignore the sole 5-star one for obvious reasons. This company is run by a CEO/Founder and his inner circle of friends/ex-coworkers, none of whom seem to know how to manage or grow a business effectively. Despite being around for 8+ years, they've made no progress in deploying any product. The company has had so many great product ideas and an ambitious vision, only for the CEO to abruptly scrap everything, lay off entire departments, and decide to start over from scratch. Layoffs are an annual tradition here, each year another department, and in the last round the entire company, or just about, is gone. It’s a pattern that seems sustainable only because the CEO is personally wealthy. Adding to the dysfunction, the company's NDAs and non-compete clauses are laughable. They attempt to enforce non-competes, which are illegal in many states (and even punishable in some). It’s absurd considering there's no actual product to compete against. Even worse, they forbid employees from mentioning they were laid off—another violation of legal standards. Save yourself the headache and steer clear of this company. There are far better opportunities out there. No 401k matching No health insurance coverage for the first 3 months 10 days PTO (including sick time, bereavement, or jury duty) Minimum holidays paid No compensation for internet or career classes The benefits list is so short that they had to add "casual dress" as a benefit even though everyone was remote!

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