Peerspace Reviews

- Volatile market = volatile staff - Dishonest/misleading leadership - Trend chasing To be specific, Peerspace's performance is market sensitive. The early pandemic was bad for them, as were recent years. As such, they've had to cut staff abruptly several times. This is unfortunate, but not surprising for a startup. What made this egregious in my time with them was their communication. Leadership communicated that they had, "no intentions of laying off core staff members." This intention changed very quickly when they continued to not see the growth they needed over the next few months. To our dismay, core staff was laid off anyways. This misleading communication to staff is bad, but overall would leave me with a positive experience. However, when considered in addition to their business decisions internally, I do not feel comfortable giving them more than two stars.

- Lack of alignment between teams, which leads to lack of efficiency on projects, inability to effectively achieve goals, and slow implementation of change - A unique product but poorly targeted & managed. Users are eager and employees are also eager about its growth potential, but current leadership does not seem to make decisions based on innovating an amazing product or community the way it touts. Creative & effective projects are limited because leadership values quantitative results rather than quality of their decisions, quality of product experience, or maintaining positive company morale. - Poor structure: which consistently granted undeserving managers too much leeway to make decisions and created friction between teams - No solid HR program or reviews: employees dissatisfied with management and not being heard, valued, or appropriately placed are not granted a productive or comfortable means to seriously address concerns. - The company is a classic example of a tech startup with plenty of potential but little heart and poor structure bringing it down. It tastes simply of execs who aim to cash in when bought out and care little for the development of its employees, fostering a healthy/strong company culture, or being outstanding. The company's brand values don't match their actions.