1.0
Mar 16, 2023
Former employee, more than 3 years
San Francisco, CA
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.