Painful experience - Anonymous employee Lab49 Employee Review

1.0
Oct 18, 2015
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Some interesting investment bank projects.

Cons

There were a lot of people that were part of an "inner-circle", and they just kept everybody at bay. A 12 inch macbook pro is not the ideal development machine. Upper management were extremely arrogant. The work atmosphere is cold and unwelcome. There are quite a few people at all levels of management there that never greet anybody and feel that they are superior for some reason. The worst thing about working there was that projects performed at the home base turned into death march projects because solutions proposed were not pragmatic, and the advice of the developers are completely ignored.

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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