Not that bad - Anonymous employee Lab49 Employee Review

4.0
Mar 17, 2019
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Looks like most of the reviews on here are people who worked at lab when it was taken over by ION, it's a common pattern as their model is to purchase companies and cut them to the bone by forcing employees out. Very few people are left from the pre-ION days in London so it's pretty much a clean slate as they are rebuilding from scratch. Compared to working for ION, Lab49 is very pleasant, laidback place to work although you have to put up with the same HR and mangerial incompentance.

Cons

Don't expect exciting projects, London is very much a satelite office these days so you'll generally be supporting offshore teams which limits the type of projects which can be taken on.

Explore other reviews about Lab49

5.0
Sep 16, 2024
Recommend
CEO approval
Business Outlook

Pros

- Working groups around Blockchain, AI, and other interesting topics - Book Club - Open and transparent leadership team

Cons

- Uncertainty around what you will be working - Can do a great job on a project, and still be left on the bench when it is finished

2
4.0
May 26, 2026
Recommend
CEO approval
Business Outlook

Pros

Hiring is well-gated, so you'll work with smart people. Projects are exclusively in finance so it's a great place to gain exposure in that industry. You operate with a good amount of autonomy.

Cons

It's a consulting company, so engineers are only valuable if they're billable. That means your success is tied to someone else's ability to secure a pipeline of work for you, or your own ability to upsell at your engagement - which may or may not be up to you no matter what you do. There isn't a dedicated sales team at Lab, so this can get spotty. Upper management's presence is felt in seasons - non-existant for months at a time, all over everything the next. They were nowhere to be found as AI got rolled out massively in 2026 and we got caught without a strategy and action plan - either for leveraging internally or for pivoting our model.

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