Struggling, appears to to be on last legs - Principal Software Engineer Happen Bank Employee Review

1.0
Mar 16, 2023
Recommend
CEO approval
Business Outlook

Pros

There are still a few good people left after the last round of layoffs. The snacks are good.

Cons

LendingClub has completed its evolution to feature factory. In a few months, they will be so overwhelmed with priority escapes, they will stop talking about them, if they haven’t already. The last layoff was ridiculous in light of the profit. It’s almost as if the new CTO is a competition plant. Most standards have slipped. It’s sad, but I think it’s too late for them to recover. The healthy culture they once had is destroyed. They probably don’t care about this because management is probably just looking for a buyer.. It’s never a good sign when they lay off all the recruiters.

Explore other reviews about Happen Bank

5.0
May 31, 2026
Recommend
CEO approval
Business Outlook

Pros

nice office and learned a lot

Cons

did not get to work too cross functionally

2.0
May 8, 2026
Recommend
CEO approval
Business Outlook

Pros

Decent starting pay and some good teammates. The company is highly profitable and continues to grow. Opportunities to take on new responsibilities and expand your scope. Equity awards.

Cons

Over the course of several years, I have been given additional responsibilities multiple times without more compensation despite the company’s strong financial performance. While I’m happy to contribute, the pattern of increasing responsibility without recognition is a major demotivator, even to your most diligent employees. It's tiresome. It doesn't take much effort to make strong contributors feel seen and valued, and it's such a missed opportunity not to. The company frequently talks about culture and values, but there is infighting and rivalries between teams and individuals. That energy creates drama instead of collaboration and leads to repetitious mistakes. Good people — especially top performers — eventually leave because they can.

2
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