The turnover, especially at the Director level and above is genuinely astonishing. Several dozen left throughout my experience. Regardless of team, tenure and most importantly results, you will see a revolving door of employees leaving. The fact that there are now 4 offices, means that senior leadership should do everything within their power to communicate and disseminate a cohesive message with clearly defined goals and metrics. They simply do not, rather they obfuscate this message which manifests into confusion and an overall breakdown of trust. Furthermore, the lack of direction from a product perspective is comical - acquiring companies, spending countless hours and money on projects, only to discard and sunset the product/project and people after years of the product failing happened numerous times during my tenure. Axis is a pipe dream with very little potential due to the lack of investment. Leadership is not to be trusted (unless you are a fellow member of the LDS Church, that is). Senior leaders talk out of both sides of their mouth, and do not properly acknowledge both wins and losses accordingly. As an employee, you will not be judged by your contributions and demonstrated value, you will be tossed aside for a cheaper, less productive employee. I saw this happen routinely. Lastly, the structure of the company has no consistency, leadership changes it every couple of quarters without warning and it makes no sense. Macroeconomic head winds and continued high interest rates, coupled with a severe lack of defined product roadmap features leaves Lendio with few longterm prospects. Totally bearish on the future of this company.
