From great innovator to max value extractor - Software Engineering Panopto Employee Review

1.0
20 Aug 2023
Recommend
CEO approval
Business outlook

Pros

- The product was built by a group of amazingly talented people for roughly 13 years. - Working on a product that provides a huge positive impact in the education space. - Fully remote work.

Cons

- Ever since K1 took over the company has been squeezed for maximum profit. - Almost 100% of C-suite and VP turnover since K1 acquisition. - Most senior technical leadership has left. - Direct managers get no say or are ignored on compensation increases, bonuses, and promotions. Decisions come from upper management. - Switched to "Unlimited PTO" and laid off a large chunk of people at the start of the next year. - Teams are not warned before layoffs leaving no time for knowledge transfer, huge knowledge gaps exist in current employment roster. - Talent is not getting replaced. When it is replaced it is with junior developers getting underpaid and overworked. - Product development is mostly in reactive mode right now, with little to no new feature development happening. - Employee focused benefits package eroded to bare minimum. - Upper management is either terrible at communicating or is being purposefully misleading and deceptive.

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Panopto Response
2y
We acknowledge that there have been many changes recently and change is always difficult. We love the product too and are excited to build and grow on the foundation that the prior leadership team put in place. As with many companies in this market, cost pressures are present and in order to be the best stewards for our employees and stakeholders, we must react quickly. We know that by being proactive, we put ourselves in a financial place to accelerate our growth opportunities which means more growth and development opportunities for employees. The newly formed Executive Leadership Team is excited to partner with employees to understand how we can continue to get better each day. While we don't like that this was your experience, we are committed as a leadership team to addressing employee concerns quickly in a transparent and fair manner. Thank you for your feedback so we can use it to improve the employee experience at Panopto. with gratitude, VP People & Culture Panopto

Explore other reviews about Panopto

5.0
8 Apr 2026
Recommend
CEO approval
Business outlook

Pros

Great company, ultimate freedom (work from home with a flexible schedule), nice people, opportunity for advancement, stable and growing revenue stream.

Cons

A smaller company has limited ability to invest, but it's growing and improving.

5.0
2 Feb 2026
Recommend
CEO approval
Business outlook

Pros

Panopto takes a lot of time and care into creating a work environment that is welcoming and friendly. Unlimited time off and even additional "rejuvenation" days for the entire company to wind down. Our Products/Services are well respected in the industry and the company seems committed to growing and acquiring programs/services that fit nicely into our suite of products.

Cons

Very few cons. But maybe the addition of more product and engineering folks would help move the Roadmap items into reality a bit quicker.

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