Combination of learning opportunities, great people and stable workplace - Principal Engineer Lab49 Employee Review

4.0
Feb 6, 2025
Recommend
CEO approval
Business Outlook

Pros

There has been a positive change in the company in the last 2+ years, focusing on more stability and long-term customer engagements, which gives opportunity to build out real relationships with customers, colleagues and to also feel valued more with a maintainable pace of work. All the projects are international, so you have opportunity to meet people from around the world, from different cultures and different experiences. This gives a great opportunity to learn and grow in career and widen your view of the tech world. Travel is an option in many cases, so you get to visit customers and also other Lab49 offices. The management team in Budapest is stable and very supportive, I like and support this approach to employees.

Cons

It can be hard to switch projects, it is of course project dependent, but there were cases when switching projects took more than 6 months, but the process and timelines were communicated and updated regularly, which made the process transparent.

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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