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Fate Therapeutics

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Fate Therapeutics reviews

3.0

45% would recommend to a friend

(122 total reviews)

Bob Valamehr

80% approve of CEO

28% positive business outlook

Fate Therapeutics has an employee rating of 3.0 out of 5 stars, based on 122 company reviews on Glassdoor which indicates that most employees have an average working experience there. The Fate Therapeutics employee rating is in line with the average (within 1 standard deviation) for employers within the Pharmaceutical & Biotechnology industry (3.7 stars).

Reviews by job title

122 reviews
2.0
Sep 5, 2022
Recommend
CEO approval
Business Outlook

Pros

1) One of the strongest pros of this company are the researchers that work at the lower level (SRA's to senior scientist level). I have worked in several places and these people are hands down one of the smartest and collaborative people I have met. If you ask something, they will pause and explain things to you without hesitation. 2) iPSC platform is very strong 3) Many candidate products in IND and clinical trial phase.

Cons

Do not be fooled by the amazing stars this company has, these are from all the old reviews when this company used to be an amazing place to work, top to bottom. Now, this place has turned into one of the most toxic places to work. 1) The problem starts with mid-level managers (starting from Principle scientist and goes all the way to the top). They are no smart or have better vision than senior scientists thus play "hunger games" style mindset for their own benefit. Do not think about work-life balance. There is none. 2) The Chief Research and Development Officer used to give pragmatic view of the company previously, but now a days starts meetings in a negative tone by trashing competitive companies because he thinks they are catching up soon and seems to be frustrated. 3) Managers hire new people not because there are new projects but because other manager hired new people and they want to use new hiring as "a trophy". Too many people and less projects means infighting between the researchers. 4) They have many candidates in clinical trial means the PD and manufacturing teams should be well resourced, but most of the resources go to R&D. I do not think clinical trials will move smoothly with the current structure. I heard recently that almost 1/3rd of people quit from one team within Fate. Imagine, how toxic the environment must have been for that bulk exit to happen. 5) The culture and HR team just cozies to the CEO, never expect them to take care of your rights or needs. 6) There is almost non existence of upward growth. They have no plans or structure to support it. Cross collaboration is also not present. Scientists are friendly and exchange ideas and data on an individual level but there is no formal structure to support it.

1.0
Oct 19, 2022
Recommend
CEO approval
Business Outlook

Pros

science used to be good and exciting/ lots of innovation before 2020.

Cons

Ever since the reorg of R&D/ Development teams, the culture has been super toxic, innovation in science has stopped. Chief R&D Officer will openly tell employees during R&D meeting that if the platform fails, it's because the people didn't work hard enough and not because of the science. Managers in R&D were told to take attendance of each other's employees and to report back that there's 80% attendance when everyone's working at 100% on-site. Program managers and directors are in the lab spying on whether or not people are in the lab working, not taking into account that people have emails, meetings, planning to do at their desks. Male managers have demonstrated sexism and micro aggression toward their female coworkers or reports. There are many incidents of employees leaving due to being treated horribly by their mangers/ coworkers. many other employees are only staying because of the 2 years sign on bonus that Fate lock you into. Gotta think about why they lock you in for 2 years with the sign on bonus where every other company only does 12months. Turnover rate at the company is horrible. 90% of the employees are unhappy.

1.0
Jul 9, 2023
Recommend
CEO approval
Business Outlook

Pros

Higher salary than market average and an ability to work with a novel platform. Beautiful facility,

Cons

Everything else. Toxic work culture with senior scientists and directors that get offended by asking questions. Asking a question and suggesting process improvements are seen as personal attacks on those that had a hand in designing it. Too many have sold their soul and scientific integrity to move up the ladder and have destroyed what could have potentially changed lives . Yes, the salary is higher than average market value, but you will work endless hours. I would rather make less money and work less hours. Anonymous surveys about company performance and thoughts of the direction of the company were not anonymous. 0 work/life balance. Not constantly working 10 hour + days is looked down upon and seen as not committing yourself enough. The WORST leadership team I've ever seen from any company, especially in PD. Avoid PD at all costs. Two-faced directors and VPs. You cannot trust a single person to have your best interest in mind. Executive Leadership is terrible. Collecting millions of dollars of stocks yearly, even after the massive 60% layoff, on the backs of those that work 50-60+ hour weeks. Could say so much more, but I shouldn't have to. Don't even bother applying.

Viewing 1 - 3 of 122 Reviews

Glassdoor has 126 Fate Therapeutics reviews submitted anonymously by Fate Therapeutics employees. Read employee reviews and ratings on Glassdoor to decide if Fate Therapeutics is right for you.