Company is circling the drain - Anonymous employee NeoGenomics Employee Review

2.0
16 Mar 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

The pay for my role is competitive.

Cons

This company is in serious financial trouble. Neo has been unprofitable for five years straight now, and the annual losses have grown 30% per year. However, the CEO's bonus was larger than my entire team's annual salary combined (8 of us). According to my previous director at NEO, the executives regularly charter private jets instead of taking first class commercial flights. Executives milking a company until it dies, the American way. I won't bother getting into the dozens of other negatives relating to working here.

Explore other reviews about NeoGenomics

5.0
11 Mar 2026
Recommend
CEO approval
Business outlook

Pros

Growing business opportunities for many job seekers

Cons

Ever changing approach on direction on projects

2.0
2 Mar 2026
Recommend
CEO approval
Business outlook

Pros

The workforce wants to do the right thing. We take pride in knowing our services impact people's lives everyday.

Cons

Constant turnover, lack of communication throughout - top to bottom. Leadership is struggling and not performing, Most of their attempts to improve growth have lost money. This is factual, not to be mistaken with statements from a disgruntled employee. An article published after the recent earnings release emphasized NEO's 5-year Return on Invested Capital is -10.5%, meaning management doesn't spend our capital wisely. This, along with heavy debt, minimal cash and returns at the bottom of the healthcare sector, should make you pause and do more research before jumping on board.

5
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