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STEMCELL Technologies

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Fear, Uncertainty, Doubt - Anonymous employee STEMCELL Technologies Employee Review

2.0
26 Jun 2024
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Offices are nice Fun people

Cons

This company loves to tell the media and its potential employees that it has averaged 20% sales growth for 30 years. This does not lead to the kind of security you might expect. They do not place enough emphasis on profit margins or operational efficiency and there have been four years since I joined where they have done layoffs and occasionally pay cuts. How does a company with constant positive sales growth do so many layoffs? All the veterans know not to ask any questions because it hurts fragile executive egos. You have to apply and interview for promotions that you have earned through performance. They try to tell you this is normal but my peers at other companies think it's weird and insulting. Middle management currently seems very frustrated with the amount of change being imposed onto their teams without their input. Doesn't seem like they respect anyone below VP level.

Explore other reviews about STEMCELL Technologies

5.0
4 May 2026
Recommend
CEO approval
Business outlook

Pros

Awesome experience would highly recommend

Cons

Barely any good place to work

1.0
4 May 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Good quality products. Dedicated individual contributors, intelligent colleagues.

Cons

Living in a bubble. They still think they are in the 90s. The thinking is painstakingly slow. Senior management including VPs and senior VPs are extremely inbred in their thinking. They are all perfectly aligned in completely wrong direction. They do the bare minimum and some cannot even hold a decent intellectual conversation. There is a ton of favoritism and only yes men get promoted so everyone is ‘aligned’. If you want to do mundane level thinking and kill your creativity and innovative spirit join this company. It has gotten worse in the last few years. Those currently there are dying to leave but just hanging by the last thread just because the current market is so tight that there is nowhere to go. The senior execs are there for 15-20 years no because they are loyal but because they know they cannot find any other employer who would tolerate their slow thinking.

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