A Sinking Ship: High turnover, poor management, grim outlook - Anonymous Employee LendingOne Employee Review

1.0
25 Apr 2026
Recommend
CEO approval
Business outlook

Pros

Aside from leadership, the worker bees are mostly great. Free snacks and coffee.

Cons

50%+ turnover in 2025 alone. People come and go so quickly it's hard to keep track. This level of attrition is always 100% tied to management. The CEO is running the place into the ground. Apparently they laid off 10% of the staff in 2026, which speaks to the sinking ship he is "building". Leadership is mostly comprised of back-stabbing, condescending egomaniacs. The company has zero processes, systems or operational direction. Competitors newer to the space have blown past them and the company probably won't be around for more than 2-3 more years. Expect continual downsizing and eventually Blackstone will just shut them down or sell them off.

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LendingOne Response
1mo
While we understand that not every employee experience will be the same, we do want to address a few statements that are factually inaccurate. First, our turnover rate was not 50% in 2025. Like many companies in today’s market, we continuously evaluate our business needs and team structure to ensure we are best positioned to support our clients and future growth initiatives. Earlier this year, we made a workforce reduction as part of that process. It was a difficult decision, but one that positioned the company for success in the future. We are also proud to have been recognized as a Top Workplace for 5 consecutive years — an achievement driven directly by employee feedback. Creating an environment where team members feel supported personally and professionally continues to be a priority for our leadership team. We remain committed to providing meaningful opportunities for growth, development, and long-term success. We welcome honest and constructive feedback, as it helps us improve as an organization. However, we respectfully disagree with characterizations that question the integrity, commitment, and care of our leadership team and the many employees who work hard every day to support LendingOne’s mission and future. We wish you the very best in your future endeavors.

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1.0
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Strong shared culture for those aligned with it.

Cons

Sharing my personal experience. During my time here the workplace culture feels politically and culturally one-sided rather than neutral or inclusive. Over several years, Hanukkah is consistently recognized in the office with decorations, while Christmas is never acknowledged in any visible way beyond what individual employees choose to do themselves. While companies can celebrate what they choose this imbalance makes me feel that some traditions are more visible and accepted than others. In addition discussions about Israel come up frequently in the workplace often in common areas and offices. These conversations sometimes feel more like advocacy than casual discussion which makes it uncomfortable for employees who do not share the same views. Expressing a different opinion or suggesting that political topics stay out of the workplace does not feel safe. Overall the lack of boundaries around political topics and the uneven cultural recognition negatively impacts morale and inclusivity.

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LendingOne Response
1mo
Thank you for sharing your perspective. We take concerns regarding inclusivity and workplace culture seriously, and we appreciate employees who provide thoughtful feedback about their experiences. We place a high value on diversity, inclusion, and respect for differing backgrounds and viewpoints. Our team is made up of individuals from a wide range of cultures, experiences, and beliefs, and we believe that diversity is one of our biggest strengths. Regarding your comments about workplace discussions, many members of our team are naturally engaged in conversations about current events, business conditions, and macroeconomic topics. As long as those discussions remain respectful and workplace-appropriate, we believe open dialogue is a healthy part of a collaborative environment. That said, we also understand that employees may have different comfort levels around these topics, and we encourage everyone to remain mindful and respectful of one another. We also want to be clear that LendingOne does not promote political advocacy in the workplace, nor do we expect employees to share the same personal views or perspectives. Because your review indicates you are a current employee, we would genuinely encourage you to raise these concerns directly with leadership or HR. We value open and honest communication, and we would much rather have a constructive internal conversation to better understand and address your concerns than try to do so through anonymous public forums. We are always working to improve and appreciate feedback shared in good faith.
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