Going out of business - Anonymous employee Altumint Employee Review

1.0
29 Jan 2025
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

CEO resigned just in time to be followed by layoffs a week later to design and production teams and others

Cons

Company is unsurprisingly going under.

Explore other reviews about Altumint

5.0
30 Oct 2025
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

great new leadership open & transparent willing to dive into details and help you

Cons

hours can be long office could be improved

1.0
17 Jan 2025
Recommend
CEO approval
Business outlook

Pros

Altumint provides a stable salary and benefits.

Cons

When I started working here, I had two managers above me in the company structure and ten teammates. Now, I have five managers and six teammates. My team's workforce/manager ratio went down from 5.5 to 1.4. Old managers who knew all the details of the products and cared about product success, including the founding engineer, were demoted to non-managers. The new management cares more about Jira tickets than the actual job. They constantly cherry-pick small but good-looking achievements for good reports to the higher management while ignoring the existing problems. Altumint promised career paths and salary increases from the beginning, but these promises ended up being nonexistent in practice. Staff turnover is extreme here, even among new management, including CFO, CSO, CTO, HR, VPs, etc. The new management pretends to rule a big corporation. However, it is still a tiny and slowly growing start-up where new management has drastically expanded the management structure and services without investing in the actual workforce.

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