Identity has been long lost in favor of the stock price - Anonymous employee Q2 Software Employee Review

2.0
Nov 19, 2024
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

The pros have been rapidly disappearing over the last few years. Compensation is close to market rate and some great people still work there. Work/life balance has been very reasonable in the past, however the workload is increasing by the day as people are laid off yet the expectations remain the same.

Cons

The biggest con is that the identity of Q2 is no longer about serving communities or even the community it belongs to. They have been laying off domestic employees seemingly every quarter - it is no longer an Austin company. Executives consistently tell employees that they are valued and that their job is safe, but actions speak louder than words. As one team spins up in India, another is let go in the US while the executives are granted fortunes in stock. The work is often dictated by the unreasonable requests of the highest bidder resulting in projects that span the course of years and extreme amounts of unplanned, self-inflicted emergencies. Huge amounts of domain expertise has been lost due to the layoffs and attrition. Culture at Q2 is a toxic word and is focused on fear. 'Keep grinding or your name will be next on the list'. The amount of nanny software they put on your machine would put Big Brother to shame. I wouldn't be surprised if they track every mouse click. And lastly, management. Q2 has more middle managers than any company I have worked for. There are managers who do nothing but manage other managers. This results in yearly re-orgs and constant micromanaging to hit nonsensical metrics.

Explore other reviews about Q2 Software

5.0
May 20, 2026
Recommend
CEO approval
Business outlook

Pros

Great work-life balance, nice coworkers, great management

Cons

The inability to have more flexibility to work remotely

1.0
May 21, 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Pay (salary + bonus + equity) was ok

Cons

HRBPs are sinking the ship. They are making business decisions, hiring/firing decisions for the business units. They sit on interview panels just to ask some behavioral questions that any of the other interviewers could ask. They inconsistently apply extreme policies (not even talking about the RTO). The company says they want to grow to be a billion dollar company. No company has ever done it with HR policies. I've been at companies a tenth of the size and trillion dollar companies. None have had the HR policies that Q2 has. The business model is also not sustainable. The number of financial institutions in the US has been shrinking for 20+ years. And once the local banks get scooped up by the JP Morgan Chases, they'll be using the Chase mobile app, not Q2's software.

2
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