Formula Reviews

On the flip side, acquisition by S4 is eroding many of the reasons I joined in the first place: • Empowered, bottoms-up culture being replaced by top-down command-and-control. • Radical Condor replaced with secretive, need-to-know information hoarding. • Sales funnel has dried up. • Getting on a new project is like The Hunger Games where the last one standing gets the job and everyone else is RIF'ed via the strict bench policy. • Career growth is limited with little to no room for advancement in title, pay, etc. • Executive management is largely absent. They'll show up to sign a new client contract, but otherwise you're more likely to see them posting pics from Cannes on LinkedIn or chatting with Elon about their CyberTruck on X than on internal communication channels. • Upper (non-exec) management is in over their heads, struggling to run a business with the scale and scope of the post-acquisition company. • Front-line management is stretched thin, having to perform double duty as senior individual contributors as well as people managers; resulting in being less effective at each.

Where do I begin: - Run if you are a PM. No enterprise or true product companies will want you if you work here. A consulting PM here doesn't actually own a part of the product long term and learn real valuable PM skills. You are just building fast and then handing off. No optimization and fine tuning how to really acquire customers like a real product company wants - There is not great career development at all. You basically move into people management (without product line ownership) or account management. No true Sr product roles. - Your base is decent, but it ends there. No stock or good bonuses which makes a huge difference - Company is in turmoil right now. Lots of RIFs. Dry pipeline. - The moment your project ends you are basically fired. In the past you could be on the bench basically indefinitely and help contribute in other ways. Now it is a couple weeks or you're gone - It's remote policy is actually "Work from Home", not "Work Anywhere" - Managers are just bad. To be a manager at Formula, it is basically because your program got bigger. Managers lack experience. There is no mentorship (and even if there was, the sr folks just do/teach what works for them even if there are WAY better ways of working because they were never properly taught or mentored). There are no formal processes or best practices. It is very wild wild west and the loudest voice wins. - You only know the people on your immediate project. All community building events of the past are gone.