Frankly, there are so many problems, it is hard to summarise it all, but let me try to organise them from a higher/company level to a more niche/functional.
CULTURE
- Toxic and worst I ever saw. Very political, super hierarchical. It is not a startup, but huge corporate machine.
- There were few comments below about favoritism, it is true
- if you are a friend of CEO/SVP Revenue/Head of Legal
- you have a chance in this company. If god forbid you tell those guys truth in their face - you can just leave the next day, your life in Revolut will be miserable.
- Revolut is a company of one man, and nobody inside are able to stand up against CEO's opinion or decisions even though when everybody in the room understand he tells BS.
- Culture is a fear driven, people are scared to be fired, and in the most recent environment and lack of job options elsewhere that results in the fact that most folks just conform with the stupidity and nonsense that is going on inside.
COMPANY
You may hear a lot from recruitment teams and hiring managers, but just know one thing - they lie. They are desperate to hit their recruitment KPIs which they are measured on, hence they have full incentive to tell you whatsoever, to make sure you sign the contract. Keeping you in the company is a problem and KPI of HR team, hence Recruitment dont care.
People development is not a company priority, really. Most probably, L&D person will respond to my review and explain everything is different - but trust me, no one cares about your growth in this company.
This is what you will get in Revolut:
- Nobody cares about your development
- Nobody cares about your wellbeing
- Nobody cares about your health (especially mental because it will be brought to extreme edge)
- Nobody cares about you.
You are just a resource for CEO/Revolut to get from point A to point B. Once you hit your own limit (and you will, in many cases not because of your professional limitations but due to unreasonable targets that are being increased every 3 months without and proper logic behind it), you will be considered as redundant and get fired.
- People are being fired in 1 day. On all levels. You met with your manager yesterday, discussed long term plans and how you will organise the work in the next 2-3 months, and the next thing you know, her/his account is deactivated next morning and unless you exchange phone numbers, you will never hear from this person ever again.
FUNCTION
- Reading articles on Wired, you may have noticed departure of 2 CFO, 1 deputy CFO and 1 Head of Finance over 1.5 years. Churn in Finance leadership is worse than in customer support organisation.
- As a result, finance function is one big problem in Revolut, company doesn't even know how much cash they are burning every month. Instead of relying on accounting function and proper reporting tools, in a typical for Revolut manner they diverted group of developers to build another in-house half-baked solution to prepare financial results for the company which are being considered as 100% correct.
- Accounting team is severely understaffed. My team mates were suffocating with the amount of work load and information to process, working for 14-16 hours a day and in the end either fired or considered as underperforming. I heard CEO saying at the finance function-wide meeting: "You are just an accountant". This is the attitude you are going to get if you hold ACCA, multi-years in Big4 and join this company.
I feel I didnt express enough but I hope this should warn some bright people and prevent them from joining this filthy institution. While I have met some fo the smartest people in the world here, I warn future stars to not choose to work in Revolut.
I think only this kind of market boycott will make the leadership think about how much they value employees as humans and not human resources.
