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Loop (El Segundo, CA)

Engaged employer

Loop (El Segundo, CA) Reviews

3.0

43% would recommend to a friend

(11 total reviews)
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Olga Shevorenkova

35% approve of CEO

43% positive business outlook

Reviews by job title

11 reviews
1.0
21 Mar 2024
Recommend
CEO approval
Business outlook

Pros

Advanced products, stay ahead of EVSE curve to some degree.

Cons

The founder implemented a know all mentality where all company changes must go through him, his only experience being running two companies into the ground. They hired a CFO with a few years middle management experience in finance…..then the board made him the CEO. His key notes were around transparency, which he never touched the surface on and refused to engage with more than 5 staff members. A couple detrimental elementary level financial mistakes were made to fund inventory. Now to cover up their mediocre mistakes, they axed 75% of the company in the past 10 months. No empathy, no severance, arguably the most inhuman approach to business I’ve seen in my 20+ year career. I’m making this review to warn anyone looking at “open positions” here. The company will very likely dissolve or be sold for parts by this time next year. If you do take a position, expect to be cut within a few months with zero empathy.

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Loop (El Segundo, CA) Response
11mo
Thank you for sharing your experience. I’m sorry to hear that your time at Loop fell short of your expectations. Since this review was written, we’ve made significant changes to ensure fair treatment and stronger leadership. We have always offered severance to impacted employees; if you did not receive it for any reason, please reach out to hr@loopglobal.com. We’ve realigned our leadership team bringing on seasoned executives, including a new CEO, COO, and Sales and Engineering leadership. We’ve implemented transparency initiatives including weekly all-hands meetings with open Q&A sessions and quarterly Charge Up events to ensure every employee feels informed and heard. We remain committed to continuous improvement and to creating an environment where every team member feels supported and empowered. Thank you for your feedback, and we wish you all the best in your career.
5.0
19 Apr 2024

Growing start up in a nascent industry

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

I like my team and the company's vision and model

Cons

It's a tough industry being so new, sales cycle is long, general startup issues with resource limitations but I work with a lot of smart and innovative people

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Loop (El Segundo, CA) Response
11mo
Thank you for sharing your experience! We’re proud to have built a transparent, mission driven culture where everyone feels empowered. Your feedback fuels our passion to make EV charging seamless here’s to many more milestones together!
4.0
27 Mar 2024

Fast Paced Environment Lack Of Transparency

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

I’ve been part of the Loop team for quite some time now, and I continue to enjoy the positive work environment here. Having experienced other work environments in the past, I can confidently say that Loop is better than my previous companies.

Cons

Recently, our company has been facing challenges, and the lack of transparency from management has made it even tougher for us. It’s frustrating not knowing what’s going on behind the scenes and how it might affect our work and future.

Viewing 1 - 3 of 11 Reviews

Glassdoor has 13 Loop (El Segundo, CA) reviews submitted anonymously by Loop (El Segundo, CA) employees. Read employee reviews and ratings on Glassdoor to decide if Loop (El Segundo, CA) is right for you.