Must read for new employees (strategy and Ops) and management - Strategy and Operations Manager Revolut Employee Review

While you have seen firms fail because of poor liquidity, product, vision, etc. the biggest things that stops Revolut is its high attrition and work pressure So let’s compare (source: LinkedIN) - Top valued firms such as Microsoft, Apple have avg tenure or 4+ years - Fintech companies such as Nubank, Wise, Monzo have avg tenure of 1.6-2 years - Even a cut throat consulting firm such as BCG has 2.3 years of avg tenure - whereas at Revolut the avg tenure of 1.2 years Yes this is 70% lower than big tech and 30% lower than other fintechs. This precisely means that there are nearly 50% chances that you might not see a colleague after 1 Y at Revolut Sad right?, this gets much worse for you if you are working on long term initiatives, where there is lack of knowledge transfer, ownership, motivation. As a result people just pick stuff that can get results in 3-4 months. This is precisely the reason big firms fail, as no one sees the direction of Titanic. Don’t forget they have a brutal recruitment, probation process. Only the best make it. Despite having the best folks people quit in 7-10 months after probation. You ask why? - Strict quarterly review ( yes your performance is evaluated every quarter as a result you are on the treadmill for ever) - If you get rated average - or unsatisfactory be ready to pack your bada - Team attrition, pushy leadership, no space to relax eventually makes smart people burn out faster than in IB or consulting - Everything is KPI, so all inputs / outputs might have zero impact if you are stuck in a rabbit hole department I would say do think through before joining, talk to few folks in the firm.