Was there for a good time, not a long time.... - Anonymous employee Parsable Employee Review

3.0
Aug 12, 2020
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

As other reviews have pointed out, Parsable hires exceptionally bright people who come from a wide range of backgrounds. During my very brief tenure at the company, I was constantly impressed by the level at which most team members were willing to help one another out, across departments and from senior executives to individual contributors. Parsable treated all of their employees very well overall. Their People and Culture team was top-notch with how they looked after everyone. From the paid travel to San Francisco HQ for a full week of new hire onboarding to providing you with what you needed to get your work done, everything was fantastic. I loved working with so many talented and brilliant minds every day. It was so inspiring to come into work and very satisfying at the end of the day knowing that I was able to accomplish something that mattered.

Cons

While I did certainly enjoy the short time that I worked at Parsable, there is certainly something to be said about how I left, which was certainly not by my choice. To coin a phrase from Alan Greenspan, the former Federal Reserve Board chairman, "irrational exuberance" was in full swing at Parsable by the time that I had joined. They were hiring people in droves, sometimes at a rate of 10 or more per month. In the back of my mind, I had a bit of concern about how long the company could grow so quickly and sustain itself. However, the future looked so incredibly bright, and senior management continually reassured all of us that our cash flow was good and that we still had lots of runway. And then the pandemic hit. Only a couple of weeks after offices were closed and everyone was directed to work from home, we were given the news that mass layoffs would take place. Granted, this sort of thing has happened to numerous companies, so in and of itself, this is hardly unique. What puts salt into the wound is that Parsable has recently announced the closing of a Series D funding round of $60 million. The clincher is that in one article, it says the company "plans to hire for essential needs over the next several months." Why lay off a quarter of your staff if you still need to hire again afterwards? I honestly didn't come across any deadwood at Parsable, and all of the people that I knew who received their walking papers were top performers and excelled at what they did.

Explore other reviews about Parsable

5.0
May 15, 2024
Recommend
CEO approval
Business outlook

Pros

Great product with unrivaled UI in the connected worker space, and some of the best employees I’ve ever worked with. Great core team, very solid purpose and problem to solve.

Cons

Ever since the departure of a few key individuals, it seems like the company has been in a panic. Extremely fast paced, it is not uncommon to wake up to learn that you have colleagues that have been let go, and then a small core is holding it together.

1
4.0
May 22, 2026
Recommend
CEO approval
Business outlook

Pros

Fair Pay Flexible work hours Generous PTO Great teamwork

Cons

Struggled with market fit Tried to be a product that met any expectation

See reviews by: Helpful|Rating|Date|All