Disconnect between stated values and reality - Senior Software Engineer Ledgy Employee Review

1.0
9 Jun 2026
Recommend
CEO approval
Business outlook

Pros

The core product business has potential, and there are individuals within the organization who genuinely want to see it succeed

Cons

There is a pronounced gap between executive capabilities and the demands of their roles. Decision-making is often ad-hoc and frequently contradicts the company's publicly stated priorities. A complete lack of an ethical compass in leadership that regularly impacts employees negatively. Corporate messaging heavily emphasizes a "low ego and kind" culture, but the operational reality is that it is the opposite. In practice, executive decision-making is frequently driven by leadership egos and self-interest rather than business logic. This creates a hypocritical environment where the highest-ranking individuals operate with the most ego, making decisions designed to please themselves at the direct expense of the workforce and the product. Despite internal messaging championing openness, information flow is highly restricted. Critical updates are often withheld, leading to a culture of "engineering leadership and everybody else". Significant title inflation exists across the organization (particularly at the Senior, Staff, Principal, Head-of and VP levels). This mismatch between titles and actual leadership judgment results in systemic poor decision-making. The internal culture prioritizes strict compliance over proactive initiative. This has fostered an environment of disengagement, where collaboration is minimal, and employees focus on daily self-preservation rather than working together. Total compensation sits below the current market rate for the industry. Prospective candidates should thoroughly benchmark their offers. High-performing, talented professionals are highly advised to look elsewhere. The environment is entirely unsuited for top talent, as individuals who drive high impact and exercise independent judgment are neither valued nor treated well. This company is a poor choice for anyone looking to build a meaningful career.

Explore other reviews about Ledgy

2.0
28 May 2025
Recommend
CEO approval
Business outlook

Pros

- Really talented people working there, making a very complex product possible. - Useful product for medium size companies. - Good connections in the european startup ecosystem.

Cons

- Absolute lack of transparency. - Inexperienced leadership, poor people management practices. - Shifting focus every few weeks, without a clear direction. - Inexperienced founders, resulting in lack of trust, poor decision making and unclear chain of command. - Work conditions were changed unilaterally, without any notice, and without giving any chance to discuss them (even when some were contradicting agreed-upon terms of contract). - Speaking a lot about mental health but, when requested, no actions were taken to help employees' psychological safety. - Sales are not aligned with product at all. So either the built products were very difficult to sell, or the feedback provided was not aligned with real user needs nor company goals.

5
5.0
9 Feb 2025
Recommend
CEO approval
Business outlook

Pros

Really nice remote environment with smart people of all levels working towards a common goal.

Cons

Expect the typical from a startup environment... still better that many out there! If you are ambitious, come and join :)

See reviews by: Helpful|Rating|Date|All