Pretty sad - Product Manager Lab49 Employee Review

2.0
Oct 10, 2022
Recommend
CEO approval
Business Outlook

Pros

Exciting projects and a few good people if you manage to get on the same project with some of them

Cons

They will hire you saying this is a top 3% company. I’m telling you, it’s not even top 50%! Projects are interwatig but the way of working is extremely bad. You work on VDIs usually with non-existing ci/cd. They recruitwd a lot of low/mid level engineers to the hungarian team - all smart ppl are leaving. They struggle to keep people as most of them want to leave as soon as they see how bad the whole thing looks. You will only get a pay raise if you ask for it million of times, even when the inflation is 15-20% they will give (a 3% raise) to the selected few. I would not recommend this company to anyone.

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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