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Magnus Technologies (TX)

Is this your company?

Good and Bad - Anonymous employee Magnus Technologies (TX) Employee Review

2.0
Nov 4, 2024
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Benefits, pay structure and flexibility

Cons

Leadership is misleading and complacent. Product is far from viable in the broader market and while the vision is there, I do not believe they will ever make the splash they've spoken about over the last several years. Steer clear.

Explore other reviews about Magnus Technologies (TX)

5.0
Jul 25, 2024
Recommend
CEO approval
Business outlook

Pros

Straightforward work, small teams and little bs

Cons

none that i care about

1
2.0
Nov 13, 2023
Recommend
CEO approval
Business outlook

Pros

immediate colleagues can be great.

Cons

This company is currently trying to transition from its vehicle product to make waves in the truckload market. They hired me and a couple of others to assist with the knowledge needed to fill the known and unknown gaps in the product. Not only did they not take our advice, but they brought in others from a larger more well-known corporate giant in the field who took over, fired us, and slowed the product process. They've already had one round of layoffs earlier this year, nearly a second, and now a 3rd before the end of the year. They have goals established for this quarter and the first half of 2024 that, in my expert opinion, are completely unreasonable and they have operational departments that are meddling in the success of other departments by undermining direct managers and not allowing communication to flow appropriately. The goals for 2024 have less than zero probability of being achieved with their TL market plans. Instead of sticking by their choices of expert hires a year and a half ago they are opting for shareholder/board value and will most likely have other rounds of layoffs in 2024.

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