Flywheel strung employees along all of 2023 indicating the company would IPO. Instead we were abruptly told we were being acquired by Omnicom instead, for nearly $1B. Employees received no bonus, equity, nothing at all as a result of this sale. Benefits and perks were slashed across the board. Several rounds of layoffs have occurred since the acquisition in January 2024.
HR is non-existent and creates more problems than they solve. Personally they made mistakes on my medical, 401k, and HSA accounts through no fault of my own. And when you try to resolve the issues that they create, they do not respond. And now that Omnicom owns Flywheel, the internal Flywheel HR is nothing but a middleman with no answers, and good luck finding anyone to contact at Omnicom.
The omnicom CEO is a mid-70's dinosaur - do you want someone like that running a modern "tech" company? Flywheel also has it's own CEO who is nothing more than Wren's puppet. And don't get me started on Flywheels executives/leadership. Truly an aimless ship.
After years of hiring many fully remote employees, Omnicom is now enforcing a 3 day per week minimum return to office even if you were hired fully remote. If you live within an hour of an office, now you get to commute for many hours per week.
Flywheel does not offer any bonus or equity plans for most positions. Annual reviews and raises are delayed for many months every year without any clarity or communication from HR or leadership.
I could go on and on, this place is a disaster and well past its days of being an interesting tech startup to work at.
Flywheel is now a bizarre combination of 12+ companies with an incredibly tangled web of systems, data, backends, etc which barely work, if at all.