They randomly laid of 12 people - Misc Employee TopstepTrader Employee Review

1.0
Jul 1, 2021
Recommend
CEO approval
Business Outlook

Pros

They make it seem like they care about employees wellbeing. They’re willing and eager to train employees.

Cons

Gathering all 80 of the companies in a meeting and telling them that they will be letting people go because the company cannot afford to keep them. Then telling people that those that will be let go will receive an email in 5 minutes. This wasn’t necessary. This frightened all employees because no one knew if they would be let go or not. There’s no sense of job security at this company and management is not on one page. Please do not work here. If they knew they were experiencing hardship then they shouldn’t have hired so many new workers in the beginning of the year. They way they laid people off was cruel.

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TopstepTrader Response
5y
Thank you for your open and honest feedback - it's something we cherish at Topstep. You're correct: we do care about our team's well-being. And you're also correct: right-sizing our headcount (for the sake of accuracy, we had to say goodbye to 9 teammates, not 12) while working remotely was one of the hardest things I've ever done. I tried to do it with empathy and understanding. I hope you can appreciate my accountability is the continued health and growth of Topstep, so saying goodbye was hard, but necessary. I believe Topstep is now better positioned to rebuild in this new, unchartered, post-COVID economy. Once again, I appreciate your post.

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