Salaries Cut by 35%, multiple lay offs and furloughs - Team Manager V Shred Employee Review

1.0
Feb 9, 2026
Recommend
CEO approval
Business Outlook

Pros

flex time off was nice

Cons

Here is a time line: aug 2025 lay off sept 2025 furlough and paycut for remaining employees. we took on the workload of employees furloughed and got our salaries drastically cut. they then made us sign a document saying that we were getting paid less for no extra work and no change in workload. which is absolutely insane. then we were told jan was the goal to reinstate pay. no updates. we actually asked for updates every week. nothing. then jan 30 another furlough for employees that stayed even after having pay cut. remaining employees did not get pay back and first round of employees were sent emails saying they are not coming back and officially let go.

Explore other reviews about V Shred

5.0
Jan 19, 2026
Recommend
CEO approval
Business Outlook

Pros

Good team work Good work

Cons

Lots of chaos going on

1.0
Jul 7, 2026
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Remote work, flexible hours, that's about it

Cons

From the top down this company is an absolute disaster. After being employed with them since 2021, I was laid off abruptly in June of this year. The company has been through through mass layoffs since September of last year and continues to replace W2 employees with temp workers without any form of training prior to it. -Minimal communication between departments. -An absolute disaster with trying to shift over to AI models. -Terrible pay with minimal room to grow within the company -Incredibly unprofessional management who do not care about the employees -Expected to work beyond full time hours while being in a 35% pay cut for nearly a year. -Shady marketing tactics This company is truly suffering right now and its as plain as day. It used to be a wonderful company to work for but everything changed for the worse.

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