Once upon a time, this WAS a great company to work for - Anonymous employee NextVR Employee Review

2.0
Feb 8, 2019
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Lots of extremely talented employees from all different backgrounds. Flexible work environment. Free snacks and meals for events. Nice open office. Purposeful feeling to try to build a brand within an emerging industry.

Cons

An absolute identity crisis with what the company was trying to accomplish. You have a live sports and entertainment company with only a handful of people who came from that world. You have a dynamite R & D department. And a full fledged feature-film-like post production department. All working cohesively at times, but for the most part, operating independently. An utter lack of transparency from upper management, claiming that they were close to procuring funding to set the company up for the next several years. It ranged from unrealistically positive expectations to downright lies to employees, leaving many unaware that a massive layoff (50+ people) were impending. Oh and those employees were let go via email after a cold and harsh 5-minute companywide meeting. Used a charitable event, packing meals for underprivileged countries, as a cover to cut the snack budget. Ruthless.

Explore other reviews about NextVR

5.0
Jan 24, 2023
Recommend
CEO approval
Business outlook

Pros

great benefits and team enviroment

Cons

cant think of any at the moment, I had a great time working there.

4.0
Jan 16, 2026
Recommend
CEO approval
Business outlook

Pros

There were always meals and snacks provided.

Cons

Seems that the company spent too much money on keeping the employees happy versus investing into the actual business. Some people wouldn't consider this a con, but it led to them laying off 60% of the workforce to reduce overhead for the sale to Apple.

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