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Great Facade, Unstable Foundation - Anonymous employee Magnetic Employee Review

2.0
6 Oct 2016
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Positive atmosphere at work and awesomely stocked kitchen

Cons

Since I've been here (not even a year yet), there has been 2 rounds of layoffs. 2! That's insane. There is clearly something internally wrong that needs to be fixed. Management cares about the bottom line (and I don't blame them, it's a business after all) and how the company pans out at the end of the year. They say they care about the people, but why did you have to do 2 rounds within 4 months? It's a ghost town here and I'm scared for Round 3, and I know there will be. Another con is the the laid back attitude. It appears laid back but the expectations are great. I'm not stranger to work but beware, you will be working all hours of the day and you can never really have vacation. You will never be satisfied with the work that you do because others won't either.

Explore other reviews about Magnetic

5.0
16 Aug 2019
Recommend
CEO approval
Business outlook

Pros

Great employees with clear visions from leadership.

Cons

None that i can think off

5.0
8 May 2016
Recommend
CEO approval
Business outlook

Pros

I have a lot of friends at Google, but I'm really glad I came here. When I interviewed, I didn't really know what Magnetic does. As it turns out, ad tech -- as this industry is called -- is full of the kind of engineering challenges for which no really good solutions exist yet. It takes a huge amount of software and hardware to run the business. Small improvements in system performance wins new customers. This means unlimited opportunities to contribute and solve really hard problems. The team is unusually diverse for software engineering: not just regionally/ethnically, but more importantly, with respect to gender and age. They have twenty-somethings, people with families, and senior staff with more than 30 years of engineering experience. This is a company with very strong technical leadership, but it's still small enough to reflect my contribution. The atmosphere is professional, respectful, relaxed, and relatively free of politics. Refreshingly, the offices don't look like repurposed daycares. Egos are not encouraged. Tellingly, when people move on, they take them out to lunch or dinner to celebrate their career and contributions. This company has good bones. Now that I've been there for 6 months, I feel comfortable saying: this is the best place I've ever worked. I am really glad I ended up here.

Cons

For small company, it is really spread across timezones. (They have engineering offices in San Mateo, CA, Ann Arbor, MI, New York, and London.) This makes everyone heavily reliant on teleconferencing and the headaches it entails.

4
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