Fake transparency, disregard for employees, incompetent leadership
Pros
The company is still riding the coat tails of good-spirited, competent ICs who haven't yet left the company. I'm on a high performing team and as a result have been able attract product work that is very impactful to the business.
Cons
Leadership feigns a transparent culture by being open about business performance (which admittedly, is great), but they carefully select the kind of conversations had publicly, rarely or never share real substance behind how decisions are made, and are quick to ignore or intentionally discard dissenting feedback from employees. Middle management as well is guilty of suppressing criticism in favor of trying to paint C-suite decision making in a positive light. C-suite provides little to no direction and company has flailed for my entire tenure. Business-level product objectives change every half or more, our marketing strategy has failed to produce a useful brand identity, and our management of finances/people will ultimately result in a completely failure to retain and attract competent talent. High performers will not be rewarded financially or otherwise; raises are laughable and many top performers were let go during recent layoffs. The pool of engineers here is going to look completely different within the year. CPO takes no accountability for product mistakes, CTO is absent / fails to keep technology a business priority, and the CEO seems either completely incompetent at people management or has completely sold out to be the board's monkey. Turo was an employee-focused company when I joined, now it seems leadership is more interested in sitting on their golden thrones enjoying their own comforts while pushing decisions that wreak of disdain, condescension, and disrespect toward employees.