Where there's smoke.... - Anonymous employee Remitly Employee Review

2.0
26 Apr 2019
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Great mission / opportunity Well intentioned CEO Strong talent at the operating level

Cons

Executive leadership Product innovation / strategy

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Remitly Response
7y
Thanks for taking the time to share your thoughts. I'm saddened to read about your experience and I'm glad that you know that I have good intentions. You're right that I do care deeply about our mission and our team. I also completely agree that we have strong talent at the operating level of the company. Building a rapidly growing business is hard and, with growth, it's often a good thing when new executives come into the business that have scale leadership/management experience. I'm grateful for the new executives that have joined in the last year as well as the reorgs that we've done to shift responsibilities ... I believe they're doing a lot of the things you mention below -- empowering the team to build a phenomenal product and service for our customers. I will also continue to introspect per your note below to ensure that no other changes need to be made to empower our team. With that context, I'd really value the opportunity to speak with you to understand specifically where you had issues. This will help us improve as a business and help us fulfill our mission, which I know we both care about deeply. You can reach me at matt@remitly.com.

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5.0
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Pros

AI Native from first principles. Colleagues are strong and collaborative; this is the most consistent positive across teams. The mission is concrete: moving cross-border money for people supporting families. It informs prioritization and trade-offs. Scope and responsibility are available early to people who take them. Compensation and benefits are great. The company has a defined strategic direction under new CEO Sebastian Gunningham and is executing against it. Exciting time to be here.

Cons

Big org changes as the company reinvent, not for everyone.

3.0
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Pros

The company started off to be great when I joined a few years back. Lots of hands on opportunities, some great people to work with. Benefits are good, people are valued and contributions are seen.

Cons

The company really started to go downhills in 2024 when there are constant leadership changes, mission changes, priorities changes and team orgs. Business Managers are starting to act like the "decision-maker" over pretty much all product and marketing decisions. We start to question if the direction we are focusing on is even right. Is it customer-centric still or is it more business-oriented. work life balance is bad stress is high people are no longer valued, heard or seen you know a company is going in a negative direction when you start to see tenured employees to leave, smart people to leave as well.

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