Sygnum Reviews

- a lot of incompetent people on every level (from engineering till C-level management): barely anyone is willing to learn from mistakes, promotion and recognition is given based on who is louder, not what has been achieved - the tech stack is a joke, hard to introduce industry-standards - you almost never see blockchain or anything interesting at all [no IPs, no own ideas, mainly integration of 3rd parties] - C-level management is completely disconnected from the reality, and they are barely approachable - loads of bad practices in the engineering department, and people are not willing to learn/change - empower very inexperienced people, and they deliver crap at the end for loads of money - there is zero career opportunity - the compensation is well below the standard - company values are a joke, they sound really great, but in reality not working at all - there is no compensation change / valuable feedback talk / personal development options - the teams are working in silos, barely talking to each other - Scaled Agile is the worst thing ever, but for some reason at Sygnum, people loves this kind of waterfall and call it "agile"

Bad company culture. The previous engineering management was not the best. But the new management is not better technically, and they are MEAN PEOPLE that don't care about their team. Despite repeating "our people come first". If there is a dispute with the PMs, engineering leadership blames the engineers, and PM leadership supports the PMs. Thus, engineers get blamed two times, and supported none. No matter how experienced the engineers are, and how inexperienced the PMs are. Same happens with other teams, like SRE. Every team seems to have a supportive leadership except the engineering team. PMs are inexperienced and ineffective. They fail to manage teams and projects. It's something they should do, as their name states: Project Manager. This causes bad relationships in the teams and poor project results. Somehow, they are not blamed for it, but engineers and tech leads are. Also, they are full of ego and don't let others apply changes to improve the results. Despite finding it reasonable and having agreed to it in meetings. Engineers have been demanding closer work with SRE from the beginning to make their work less troubled. This is still a pending issue. The CEO seems to do a good job related to business. But it's also his responsibility to ensure a proper working environment and product quality. And this is a big failure. Products are low quality. They have ERRORS IN A CONSTANT BASIS. Engineers demand resources and attention, but leadership, PMs, and the company fail to provide it. Yet they get away with it. Something that I personally find illogical, is seeing everyone say how important clients are and that we must provide the best quality for them, while blocking initiatives and methodologies for it. No matter if they come from experienced engineers. If the company manages to attract engineering talent, it's because the image of being a blockchain company. It's a common feeling in the engineering team the disappointment that they do boring banking apps instead of the promised blockchain stuff. Company culture and working environment are more related to a TRADITIONAL BANK rather than a startup or tech company. Upsetting, unmotivating, and especially disappointing.