Micromanagement as a corporate strategy - Anonymous employee Bondora Employee Review

3.0
26 Oct 2025
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

The benefit package is NICE and better than what you usually get in Estonia. There is stuff like free in-office massages, free lunch, hobby grant. The remote policy is really generous and you can see a lot of colleagues work from a nicer climate over winter which is not a problem at all from management side, which colleagues enjoy a lot. A lot of the colleagues are really nice and very good at what they do. Bondora tends to move really fast which can be great - seeing the impact of your work from day 1. If you are ok with constant change and can handle spikes of stress, Bondora can be a nice place of work.

Cons

First of all - some new joiners were "actively encouraged" to leave good reviews on Glassdor during their probation period lol. You should check if those 5 star reviews are by people less than 1 year at the company :) Bondora has around 200 people, out of which ~10% are C-Level (which I find really high) and they micro-manage EVERYTHING. Especially the CEO needs to get involved in everything and give input on all levels of the company. For a while he was acting as head of product, then as head of legal, then as head of investor product, ... and he actively funnels decisions through himself. Every 4-6 months, the company is re-organised and a bunch of people get fired: We are a marketing company, we are a product company, we are a tech company, [...] and then it goes back to where we were 18 months ago. For any bigger decision your manager needs to get feedback from CMO, Head of People, the barber of the chief accountant, the car mechanic of the CEO, the golf buddy of the CPO and so on. Then the C-Level decides something behind closed doors over the next 2 to 8 months and then just announce via slack what they came up with and everyone else needs to reshuffle. Your team will never have enough people and every year the targets just go up, bunch of people burn out. Colleagues are only backfilled if your manager pays for it in blood but the expected output stays the same. The whole HR team quit one by one over the last 6 months and that tells you everything you need to know about this company - not even the HR people like the people culture and that starts at the top. A lot of people really feel like they could get fired any moment (you regularly see cold "We would like to inform you that X had their last day with us today" posts in slack) and that affects the team spirit a lot. So if you plan to build a house and have a mortgage, maybe look for something more stable.

avatar
Bondora Response
7mo
Hi, This is one of those reviews that’s hard to read but important to hear. Thank you for taking the time to write it all out so openly. You’re right about many things. We’re a company of around 200 people, and yes, ~6% of us sit in executive or leadership roles. That can feel like a lot, especially in a structure that’s intentionally flat and hands-on. At Bondora, we don’t do ivory towers. We do proximity, sometimes to a fault. But it’s part of our DNA: people roll up their sleeves, regardless of title, because we care deeply about what we build and how we build it. The pace and involvement that come with that setup don’t work for everyone. And that’s okay. Just like in any relationship, professional or otherwise, it’s about a mutual, conscious choice. What matters most is that both sides are aligned and willing to engage in honest feedback, course-correct, and grow together. That’s what we strive for, and it’s what your message is helping us do. Regarding team stability, reorganisations, and trust, these are areas we’re actively working on. Change is a natural part of scaling a business, but predictability and psychological safety are equally crucial, and I recognise that we still have work to do. The way people exit matters as much as how they join, and we’re working on how to handle both sides of that equation better. I’d personally love for our culture to feel a little less “cold Slack message” and a little more human, especially during the hard moments. On the HR comment: yes, there has been a transition and rebuilding, and I joined to lead the People team in the thick of that. I won’t shy away from the challenge. The fact that you’re still here and still care enough to leave this review tells me there’s something worth protecting and improving, and that’s what I’m here to do. So, thank you. For the clarity. For the care. For giving us something to reflect on and build from. — Olga Kikas, Chief People

Explore other reviews about Bondora

5.0
14 Aug 2022
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

autonomy, ability to get things done, friendly, wesome perks

Cons

very fast paced work flow, sonetimes can be chaotic

3
avatar
Bondora Response
3y
We’re thrilled that you’re enjoying your experience at Bondora and making the most of the perks. Thank you for your feedback and review. Make sure to rest in between the busy work days, and if work gets too hectic, don't be afraid to speak up or ask for help. We're one team, always!
1.0
6 Feb 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

They have good perks and the base salary. That's all.

Cons

- Deep legacy codebase and outdated processes that slow everything down - Ownership is heavily diluted: too many people involved, nobody truly accountable - Simple initiatives require excessive coordination across marketing, legal, product, tech, and country teams, leading to delays and confusion - Marketing and delivery workflows are a clear example of this dysfunction: approvals, handovers, and responsibilities are fragmented to the point of paralysis - New hires are routinely expected to “fix” long-standing problems without context, authority, or resources - Unrealistic goals are set despite known technical, data, and organizational limitations - Strong blame culture: when outcomes fall short, accountability moves downward instead of upward - Leadership frequently reframes failure as lack of ownership or seniority rather than structural issues - Data and analytics are weak or unreliable, yet teams are criticized for not having clear numbers - Psychological safety is low; pushing back or questioning feasibility is treated as a personal failure I did not meet a single person who said they were genuinely happy working here. Almost everyone described being overloaded, constantly behind, or already burned out/on the verge of burnout. Overwork is normalized, and chronic pressure is treated as a sign of commitment rather than a problem to fix. Instead of addressing capacity issues, leadership tends to push harder and expect individuals to compensate for broken systems. Senior management operates in permanent crisis mode. Legacy problems are continuously passed on to delivery teams with the expectation that effort alone will solve them. When this predictably fails, the narrative shifts to individual performance, speed, or “not enough ownership.”

3
See reviews by: Helpful|Rating|Date|All