A Sinking Ship - Sr. Manager Magnit Global Employee Review

1.0
May 13, 2025
Recommend
CEO approval
Business Outlook

Pros

- The people you work with (those that are still here) - Fully Remote Work - Pay is decent

Cons

Don't let any catchy slogan fool you, this place does not care about it's employees, only about the bottom line and appeasing the board. It is sad to see where this company is in comparison to where it used to be. There was a point in time where I was proud to work here, it had a pulse and exciting energy to it. That has slowly gone away year after year and now it is a shell of people riding out a sinking ship. Multiple mass lay off events a year, leaving people that have spent years working here feel like they are meaningless. Those that have to stay are left having to take on double the work as a result. Sales are down, revenue declines every quarter, people are scared for their jobs and the company itself has no identity. It's a carousel at the executive leadership level - multiple CEOs, CFOs, CTOs, COOs in the just the past few years. There's not one person you talk to that isn't applying elsewhere or wanting to get out. It is just a sad state here at Magnit.

Explore other reviews about Magnit Global

5.0
Jun 5, 2026
Recommend
CEO approval
Business Outlook

Pros

Ability to work with FAANG company with opportunity for transition to FTE. Very responsive team to any questions.

Cons

Contract work, so role may or may not be renewed depending on company needs. Not really a con, just the nature of the job. Very few PTO days.

1.0
Jun 17, 2026
Anonymous contractor
Recommend
CEO approval
Business Outlook

Pros

They pay you regularly - that is about it

Cons

They are only interested in their own bottom line and explained nothing to me when I was brought in by their client for a contract but needed to be paid and actually employed via Magnit. They employed me as a W2 and I didn't realize it was an option to go in as a contract 1099 - which would have increase my net significantly, since I have an LLC set up and have been doing taxes as self employed for several years. They didn't let me know that I should be on benefits and sent me no paperwork to enroll. The amount of money they saved from me not collecting benefits is terrible along with what I was paying for healthcare etc. I have to leave the client early because of the issues with Magnit even though they would like me to stay for an additional year.

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