Lack of planning causing lots of problems and leading to redundancies - Anonymous employee SEON Employee Review

Thank you for taking the time to leave a review. We appreciate all feedback, both positive and negative, as it helps us to continually improve our company and culture. However, we do need to correct a factual error in your review. SEON has actually grown from 150 to 300 employees in the last 12 months, not from 50 to 300 as you stated. In terms of planning and strategy, we understand that there have been concerns about our recent redundancy rounds. We want to assure you that a plan and strategy are in place, and this is being shared in all the all-hands meeting. The layoffs were not due to a lack of planning or strategy, but rather a result of the impact of the economy and our decision to not slow down hiring early enough when we saw that we weren't performing commercially and growth was slowing down. We acknowledge that we hired too fast, in a tough economic time, but in order to continue delivering the best fraud-fighting solutions, we must make some changes to build a sustainable long-term business. Regarding your comment about the CEO, we want to make it clear that no one has any reason to fear me. If our employees do their job right, they have nothing to worry about. However, it is important to note that working for a high-growth startup like SEON does come with high expectations, and we need a world-class team in order to achieve our goals. If you were recently made redundant and you feel it's unfair, please message me directly: tomkadar@seon.io, and we will do our best to support you further. We appreciate your feedback and hope that we have addressed your concerns. If you have any further questions or feedback, please don't hesitate to reach out to us directly. Tamas Kadar - CEO and Co-Founder of SEON