Stay away... - Anonymous employee Verivo Employee Review

1.0
Nov 7, 2013
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Great office with great views (it is a shame that its only half full). Free candy and pretzels.

Cons

Management can't forecast sales, budget, market, or competitive landscape. There is a mass exodus in all departments including people who have been there for years. Four rounds of layoffs in a year and a half, not including the firing of the CTO and three VP's of Sales. The new VP of Sales has no prior sales experience. They can't get people to download the free trial never mind trying to close a sale. Moral is at an all time low, people still there are just waiting for the next round of layoffs.

Explore other reviews about Verivo

5.0
Sep 27, 2015
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

good upraises healthy environment nice team work

Cons

too stringent on pay none

3.0
Jul 26, 2013
Recommend
CEO approval
Business Outlook

Pros

Some very smart and talented people; gives its employees tremendous opportunities to learn and grow in an in-demand industry; does a good job of recognizing talent and promoting from within; benefits are pretty good; a beautiful office; the small-to-mid-sized software company culture. If you're looking to break into mobile and want the small start-up software company feel (and are willing to accept the significant risks that go with it), the company could be a good choice.

Cons

Company faced significant turnover and was forced to have layoffs after it's last major software product steadily became irrelevant (the new office is now half-empty as a result). In fairness to management, they recognized the problem before the company became totally unviable, and the company is now in the process of reinventing itself with its next-gen product, named 'Akula'. Will the product be successful? The jury is out, and if the answer is no, all employees will soon be out of a job. As a result, I can currently only recommend it to people who don't mind driving fast and taking chances. The CEO is smart and talented, but seems to have only passing control of overall product direction, which suffers at the hands of a disjointed product management process that seems to struggle with mapping software development tasks to actual customer needs. Starting compensation is competitive, but doesn't seem to keep pace with the industry as careers progress. This seems to be an issue at a lot of companies, though.

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