Penny AI Reviews

3.2

26% would recommend to a friend

(19 total reviews)

28% positive business outlook

Penny AI has an employee rating of 3.2 out of 5 stars, based on 19 company reviews on Glassdoor which indicates that most employees have a good working experience there.

Reviews by job title

19 reviews
1.0
26 May 2023

BEWARE the SINKING SHIP

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Used to be high energy and morale. The company initially seemed to care about its employees and was forward thinking. They had a decent amount of backing for a start up company and also had a great story. The people were also great.

Cons

They have completely lost their business plan (if they had one to begin with) and layoffs have caused extremely low morale. The app is glitchy; there are all types of problems in the branch code that are not easily solved. In terms of management, they are not transparent, layoff without a second thought to the people that they hurt, have no plan to support those that are impacted in the process or those left behind. It is pretty demoralizing to work really hard for someone only to watch them blow up something that you considered a common dream.

2.0
19 May 2023

Sinking Ship

Recommend
CEO approval
Business outlook

Pros

Local startup with a great story and a wide range of really great people on the team! They're not afraid to spend money on the team (when they have the money) and staff functions (company-wide or just with your team) can be a lot of fun.

Cons

C-suite leadership heavy with minimal to no transparency or authenticity when it comes to communication. Your C-suite leader has no problem telling you "you're all safe, don't worry!" and then adds your name to the list for the next round of layoffs. The company means well with their diversity, inclusion and belonging committee but still has a LONG way to come in recognizing their own biases, subtle acts of exclusion, gaslighting, and micro-aggressions. Don't expect a promotion or pay increase (even a COL increase) at any point while you're working there. You'll be told "next quarter" and keep getting pushed off while they blame the industry and lack of new partners being signed.

2.0
3 May 2023

disapointing

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Inspiring sales pitch. Impressive commitment to DIBs on marketing landing page. Incredible team of employees. Beautiful headquarters.

Cons

Complete lack of strategy. Lack of senior leadership alignment. Superficial, unsustainable benefits. Mismanaged budgets. Embarrassing approach to multiple rounds of layoffs. Completely disappointing.

Viewing 1 - 3 of 19 Reviews

Glassdoor has 20 Penny AI reviews submitted anonymously by Penny AI employees. Read employee reviews and ratings on Glassdoor to decide if Penny AI is right for you.