Bit of a wild story. I interviewed with SumUp in 2021 for a role I wasn't placed in but was kept in the system for other opportunities. A few months later a C level exec reached out to me about a role in a "big bet" they were investing in. I was a good fit for the role, and eventually we agreed some great terms and a start date a couple of months later. It's important to note this was a relocation offer, so I was to move country with my partner to take this exciting opportunity.
A full month after signing the physical contract that I got a call from the people team saying they were rescinding the contract due to budget cuts. I had already given up my long term lease (where i lived with my partner) and was in my last week at my previous employer. SumUp offered me zero compensation: not a cent. This is at a time where other tech companies are offering people in the same position 14 weeks severance. All I received from SumUp was a paper termination letter saying they owed me nothing, signed by a co-founder. I didn't even receive a "sorry this happened" email from the C-Level exec that convinced me to take the job.
I'm really disappointed in SumUp. Everyone who I met was giving it large about their "we care" value, and how it guides everything. To not offer any compensation was reprehensible. My partner and I made an enormous life decision on the premise that SumUp would act honourably. It didn't, and we've had to move back in with our parents.
Beware.
Interesting to note that the week I got my termination notice the company was at a week long offsite in Portugal. That isn't cheap. And a week after they announced a fundraise of $624m. Classy.
