Heartless Company that Values Bottom Line Over Employees - Anonymous employee Sinch Employee Review

2.0
8 Jan 2017
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Good technology, innovative products, some smart people. Their leadership is also very business-savvy (although this sometimes means stepping on employees to accomplish their business goals).

Cons

CLX treats employees as expendable. When they acquired Mblox (a former competitor) in 2016, they let go of about half of Mblox's Atlanta staff, and all of Mblox's California staff. To their credit, they got a great deal on the buy-out, managing to purchase Mblox shares for pennies on the dollar (which sufficiently devalued the stock price to leave Mblox employees who had previously been "awarded" company stocks empty-handed). Some of this blame should be shared with Mblox leadership, who (perhaps frivolously) agreed to the buyout terms.

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Sinch Response
9y
Thank you for taking the time to be honest with your feedback. At CLX we value our employees and their expertise highly, and I am sorry to hear that this has not been your experience. Merging two companies of similar size and setup is a challenge, and in our case it unfortunately meant that some employees had to be let go when CLX acquired Mblox. CLX is built by great people enabled by great technology, and we fully agree that the wellness and satisfaction of employees is key to succeeding as a company and to bring out the best of our technology, products and customer support. We want to thank you for your contributions to Mblox and CLX and wish you well in your next adventure.

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