Lost the magic - Developer Marketer Real Estate Technologies Employee Review

Dear reviewer, We are sorry to hear that you don't feel the engineering team gets the attention and acknowledgement it deserves. We are very proud of our tech and products, none of which would have been possible without the highly skilled and efficient engineering team we have at the core. We will take this feedback forward, and review if there are things we can or should do differently. 2022 has been a challenging year, especially with regards to the macro economic environment, impacting most companies and also private consumption, as we are sure you are aware. Many companies have been forced to take action to adapt and mitigate risk caused by the unfavorable market conditions. Particularly in the tech start-up / scale-up scene, companies have been forced to lay off their workforce in large numbers, often 20-30% in total. Marketer is not an exception here, and has recently completed cost cutting measures, which unfortunately included a temporary lay-off. The temporary lay-off represents about 5% of the total workforce, and is mainly related to scaling down investments in initiatives that are not expected to generate revenues in the short term, and do not impact the overall growth or ability to deliver our main product lines. Such actions are unfortunate and, needless to say, something we seek to avoid, but it is considered necessary to secure sustainable operation of the overall company, including all relevant responsibilities an employer has. As mentioned, we continue delivering our main product lines to our customers, and move forward with high revenue growth and a sustainable cost base. We have sufficient run-way and a clear path to profitability at full scale. We thank you for your feedback, and invite you to engage with us offline to provide us with further constructive feedback on how you think we can improve going forward.