Monks reviews

From last 2 years, we are only witnessing layoffs. Every quarter, they fire bunch of people by saying they are not making profit/company is going in loss. Problems lies in the management, they do not know how to sustain a business. The only thing they do is change the name of company and believe that they will gain new customer by doing so.

-Lack of clear vision/identity from senior management. Can’t decide if Monks is an agency or production company. Don't have a strong plan for profitability either way. -Poor employee retention due to lack of opportunity for growth/development. As stated in other reviews, standard HR protocols like annual performance reviews aren’t conducted, seemingly so that raises never need to be given out. Top talent sees this and is leaving as a result. -As stated in other reviews, large swaths of talented employees are being laid off simply to be swapped for lower-cost replacements in other countries. -As also stated in other reviews, the company aggressively expanded through a series of poorly managed acquisitions that led to a lot of internal friction. They swung for the fences but ultimately whiffed, with stock plummeting as a result. -Individual client teams largely operate as independent entities. So you better like where you land, because stretch opportunities are minimal.