Spring Reviews

Sadly, the company's founders don't share the qualities of their employees. From the start, I understood from other team members that there are issues with the founders, and I've witnessed it on quite a few occasions. The worst example of this is that they decided to fire half of the company's employees without any prior warning - just like that, out of the blue. I realize that the economy is not doing great at the moment, but some transparency would have been appreciated here. Moreover, just several weeks before at a townhall meeting they told us that the company is doing great. Worst, they even fired people that they'd just hired two weeks before, and almost everyone that was hired in the last year (which is around 50% of the company's employees).

Where to begin? Culture and leadership - beyond the nice people Spring has managed to employ, there's very little positive to say. The leadership emanates a toxic work culture. Trust amongst team members rarely exists, talking is discouraged, office days are mandated with very little rationale beyond 'we need to look busy when people come to the office' and unrealistic expectations are set with complete disregard for how realistic they might be and the obstacles stopping them. The founders flit between long-term planning and immediate results without any clear strategy. It becomes obvious very quickly that the mood is tense, progress is slow and prospects are minimal. Business outlook - Overwhelmingly negative. Spring tries to pride itself as a challenger being not just iterative on legacy brands but something completely new. This is simply false. In its current form, it is just another old tech buyer and reluctance to recognise this is a major failing. There is lots of talk about the 'future', building new tech ownership but anyone with any ounce of realism will see that this is a future that almost definitely won't ever exist. It's a distant pipe dream with no market research backing up the concept other than it sounds like a vaguely nice idea. Growth opportunities - None. Overview - It is abundantly clear that the founders are inexperienced and out of their depth. They don't know how to run a company, don't have previous experiences to draw from and lack the people and communication skills required to motivate, inspire and manage.