Sloppy organization with no managerial skills - Developer Figment Employee Review

1.0
2 Sept 2022
Recommend
CEO approval
Business outlook

Pros

Pay was ok, but all signs points to salary freezes as they've already stopped bonuses by the time I left. Remote work.

Cons

This company was great to work at when it was under 100 employees. As they grew and received more seed money they hired a ton of new employees into roles that did not exist before which resulted in employees that had nothing to do and no managers to help. When the market started going downhill they let many of the people they hired go and also let go some of the more senior people - probably because they had the most vested options available and this was an easy way to screw them over while helping themselves. The development team has been shuffled over and over again and entire teams have been restructured or removed all together. The VP of Engineering was terminated for being useless, but also was hired by useless people to begin with. Easier to blame the new guy. DevOps is slow at all requests and their managers are just awful. The customer service department consists of 2-3 people who just copy/paste whatever it is the customer types with no troubleshooting of their own done. The security team has done nothing since the hiring spree. IT department doesn't do much of anything and they really aren't needed. They have a 'people' team whose job is to.. I don't know what they do. HR doesn't know their own policies. Employees disappear (fired) randomly without any mention as to why. Often dont find out about it at all despite their motto of being opened with their employees. They'll either get swallowed up by a larger company or go chapter 11 in the next year or so. Don't apply here.

Explore other reviews about Figment

5.0
23 Apr 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Leading independent staking provider. Strong brand and trust among clients and institutions. Great leadership

Cons

Moves fast and a lot of work. Great if you are used to that. Not so much if you aren't

5.0
24 Jul 2025
Recommend
CEO approval
Business outlook

Pros

Figment is a mission-driven company operating at the forefront of institutional staking, and it genuinely feels like the team is building something meaningful for the long term. The people here are incredibly smart, thoughtful, and collaborative—you’re surrounded by colleagues who care deeply about the work and the broader crypto ecosystem. There’s a strong culture of ownership; if you’re proactive, there’s real opportunity to lead projects and shape strategy. Leadership is accessible and open to ideas, and there's a healthy balance of trust and autonomy in the remote-first environment. For anyone looking to work in crypto with a serious, infrastructure-focused team, Figment offers an exciting and purpose-driven place to grow.

Cons

The fast-paced environment and frequent shifts in priorities can be challenging at times, but they also bring a sense of energy and momentum the company culture.

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