XYB reviews

2.7

36% would recommend to a friend

(17 total reviews)

Derek Joyce

52% approve of CEO

36% positive business outlook

XYB has an employee rating of 2.7 out of 5 stars, based on 17 company reviews on Glassdoor which indicates that most employees have an average working experience there. The XYB employee rating is 27% below average for employers within the Financial Services industry (3.7 stars).

Reviews by job title

17 reviews
1.0
May 15, 2025

Toxic and Incompetent

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Some interesting technology, but there is no actual product available yet.

Cons

Many layoffs happened, two times in last five months with two changes in organization and work ways, but nothing useful came from it. Company has 60 people, but acts like it is big with 1000+. Leaders always say teams must deliver, but they have not delivered anything. They hire friends from outside and give special treatment to friends inside the company, so if you are not in that group, good luck. No clients and no revenue now.

1.0
Apr 27, 2025

Do not recommend!

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Smart people, product is good but timing is wrong, hard to find clients.

Cons

Leadership is arrogant and thinks they are the smartest and employee’s are there just to serve them. Layoffs happening many times in year, no security at all.

2.0
Apr 21, 2025

Sinking ship

Recommend
CEO approval
Business Outlook

Pros

People are approachable. New tech stack.

Cons

CEO announced in the last all hands that the runaway had been extended to mid summer thanks to some cost saving measures. 10 days later XYB announced a new round of layoffs. Around 30% of the total workforce between Estonia and London. No severance package (never heard of this in a tech company before, shocking). Also because the company needs to do a consultation to see who is finally made redundant, a bigger percentage of the staff has been waiting for a week, not knowing if they will loose their jobs or not. Apart from the above, XYB is not good for software engineers imo; there is no career progression or a process for it, no real knowledge sharing within teams to upskill other staff and working here feels chaotic most of the time. I can't recommend this company to anyone, I wish them good luck but it's hard to imagine them succeeding if they can't get a single client to sign a deal...

Viewing 4 - 6 of 17 Reviews

Glassdoor has 18 XYB reviews submitted anonymously by XYB employees. Read employee reviews and ratings on Glassdoor to decide if XYB is right for you.