Organization now ruined by new management - Anonymous employee Hexure Employee Review

1.0
Jul 27, 2024
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Used to be good work culture 4 yrs back

Cons

New management took over in 2021 and since then it always was apparent that they were up to ruining mission. And they succeeded. Two COOs in last 3 yrs both of them made sure company is decimated and ruined to the point of no-revival. - new investors could not see that their invested money is going in the drain..courtesy both the COOs. No revenue increase, no uptick in sales...still fancy designations and fat salaries given to COOs new hired. -All knowledgeable good employees fired by the COO..who is from India. Now organization crumbling with inefficiency and inexperienced staff... -still investors were naive to not able to stop such planned destruction... -Attrition is rocketing -

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Hexure Response
1y
Thank you for taking the time to share your feedback with us. We genuinely appreciate your input, as it helps us better understand the concerns our employees are experiencing and where we need to make improvements. We recognize the transition in management has brought significant changes, and it’s clear from your feedback that these changes have had a substantial impact. Our goal has always been to align with our mission and guide the company towards long-term, sustainable growth. We understand that this period has been challenging, and we are committed to addressing the issues raised. Our investors have been actively involved and supportive throughout this transition. They share our commitment to guiding the company in a positive direction towards long-term success. We are also deeply aware of the impact on employee retention and morale. We are implementing strategies to support our employees, improve communication and address concerns. Thank you again for your candid feedback. We are dedicated to creating a positive and supportive work environment and are confident that with continued effort and focus, we can address these issues while also building a stronger foundation for long-term growth and success.

Explore other reviews about Hexure

5.0
Oct 1, 2025
Recommend
CEO approval
Business outlook

Pros

- Clear leader in insuretech - Fully remote in the U.S., but with a warm, cordial, collegial culture - A "first name" company. Say "Bob," or "Chris," and people have a strong probability of knowing who you're talking about. A great organization in which make a name for yourself - Very strong ties with top tier clients - On the right track with huge momentum and potential. Now is a great time to join.

Cons

- Mobility within the company is challenging because we are a lean organization, with competent people filling roles that cannot easily be swapped out or abandoned. Many positions have little backup.

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Hexure Response
7mo
Thank you so much for the thoughtful review! We are proud of the warm, collegial culture you described and love hearing that our momentum and client relationships are being felt across the organization. On career mobility—while we are a lean team, we’ve built a formal career lattice that managers review with employees at least annually. Every role has mapped vertical growth, and we’ve outlined horizontal moves too. This year alone, we’ve promoted or moved over 40 employees globally. One benefit of being lean is that we are not bound by rigid hierarchies. We have the flexibility to be creative and support individual interests. So, if you don’t see a clear path forward, just reach out to your manager or HR Business Partner. We’d love to talk about ways you can continue to grow here at Hexure.
2.0
May 6, 2026
Recommend
CEO approval
Business outlook

Pros

Flexible PTO, flexible schedules, USED to be remote.

Cons

Workloads are overwhelming, executive leadership is so far removed from the actual work going on day to day. Very little room to advance or grow. Poor decisions by management and leadership. Company was recently acquired, and now all employees not near an office are required to report to a (limited) location option within 24 months. Very much uncertainty within the company and many experienced workers are looking to leave due to the lack of transparency about the new “hybrid” model for those nowhere near an office location.

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