Avantages
- No micromanagement - People were nice although the leaders are all incompetent - Free health insurance
Inconvénients
Usually, I don't write these reviews but I had to post one after a current employee wrote "Don't read too deeply into negative reviews from laid off/released employees" from below. I understand that current Coinme employees are desperate to sheer the negativity away but I believe that people deserve to know the truth: 1)First of all, coinme has ABSOLUTELY ZERO transparency. There were multiple rounds of layoffs within 6 months, with each after being told that "there will be no more layoffs," only to face the same layoff announcements within months. Coinme never addressed its financial health and regular employees never knew if the company was steering the right way. 2) Coinme's product is not unique and there are plenty of other competitors that do the job better. Also, leaders set unrealistic expectations. I've seen multiple times where projects that were estimated to be completed in 3 months would rather end up taking 8-12 months to complete and I often saw departments blaming each other. 3) Recently, I saw the news that Coinme was fined by the SEC for offering unregistered security and I wasn't even surprised. While the company continuously positions itself to be "fully compliant," we see from the news it's all phony. With crypto regulations and recent scandals in the industry, who can trust an entity that makes false and misleading statements? 4) The leaders are clearly incompetent but they never face any consequences, and use the employees as a scapegoat. I loved most of my co-workers and I truly worked with many talented individuals, but we were all guided by inept and clueless 'leaders' that never took any responsibility for anything.