Zoom Mass Layoff - Customer Success Loftium Employee Review

1.0
27 May 2020
Recommend
CEO approval
Business outlook

Pros

Enjoyable coworkers, lots of communal drive, fun office environment, cool projects that would pop up

Cons

To say leadership is/was lacking is an understatement. CEO actively told people she did not want to lead, and did not put people in place to lead on her behalf. No upward mobility. Preached transparency but were often misdirecting their own employees. Ironically told, prior to the mass layoff via Zoom, that "we all will be judged on the way that we react to this crisis" --> fast forward to today: 75% of company laid off on a Monday morning Zoom call, company now won't pay landlords.

Explore other reviews about Loftium

5.0
15 Mar 2024
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Some of the most incredible people I've worked with.

Cons

Similar to many other company, rise in interest rate effected growth.

5.0
13 Aug 2020
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

I've been with Loftium for about 10 months and can honestly say I love my job. My previous two Companies were large, public corporations. Loftium is a breath of fresh air to me. Every day is a new adventure and a new set of challenges. Especially during the COVID-19 crisis, Adam and Yifan have been some of the most involved and passionate executives I've been around. Yifan's vision for the Company is passionate and wholesome and her dedication to achieving that vision is admirable. If desired, I'm able to work on several projects outside the Finance and Accounting realm which has been very beneficial for developing my soft skills. The culture is fun and inclusive. We laugh. we smile, we get frustrated, and we work hard. Would highly recommend Loftium to anyone looking for a change of pace from the big corporate life!

Cons

Compared to the Company I was at previously, Loftium does not have some of the systems in place at the moment to facilitate their large vision. However, this will only come with time and Company growth. I would not consider this a huge pitfall of Loftium, as they are still a growing Company.

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