Sad Story - Anonymous employee Ekos Employee Review

2.0
Apr 14, 2023
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Cool office - unlimited pto

Cons

The pros list is short because it’s hard to think of any when you have zero job security in almost any position within the company. Sure ekos was a fun place to work (in the beginning). They’ve got the snacks, beer, a cool office, and unlimited PTO. All of the things that are exciting to a new employee. However, none of that matters if you can’t keep the lights on. There is no accountability or structure. The sentiment when I joined the company was our customers weren’t very happy with our product and the sentiment when I left two years later was our customers weren’t happy with our product. ( now just charge 3x more for it) Ekos’s inability to adapt and act on feedback, mixed in with a total lack of accountability and structure, sprinkled with a few bad hires in upper leadership, has lead to a perfect storm that many people (including their competitors) don’t see them navigating through. Unfortunately they have been laying groups people off every couple of months for the last year and we didn’t change anything to prevent it. I remember when we had to layoff our first round of people we told the company it was a budget issue but then we turn around and cater a $2k lunch for the meeting we held to inform everyone of the layoffs… We had multiple entry level employees with their own brex credit cards running around buying stuff. We also purchased electric standing desks for the whole office that probably cost around $75k+ as we continue to laid people off. Now entire departments are empty but hey, the desks look great.

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Ekos Response
3y
Thank you for sharing your experience at Ekos. Over the past year, we have been navigating a rapidly changing business environment, which has required us to adapt and pivot our business strategy to meet the needs of our customers and remain the dominant platform in the marketplace. We are encouraged to hear that most of our employees have expressed agreement and support for the strategic shifts we have made. Unfortunately, this change in business strategy has led to some necessary layoffs, primarily impacting our Sales & Marketing organizations. We want to assure you that we take the handling of layoffs very seriously, and we strive to do so with transparency, compassion, and support for our former colleagues as they transition to new opportunities. In addition, we believe in continuous improvement and have made huge strides to increase accountability within our teams and provide clarity to employees regarding their roles and responsibilities. We have implemented a 360 peer feedback process and revised our OKR process to enable transparency and clarity at all times. We understand your frustrations during this time and remain committed to helping during this period.

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