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      Bitpanda

      Engaged Employer

      Bitpanda reviews

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      3.5

      54% would recommend to a friend

      (159 total reviews)
      avatar

      Eric Demuth

      43% approve of CEO

      54% positive business outlook

      Ratings by category

      4.1

      Diversity & inclusion

      3.8

      Compensation and benefits

      3.5

      Career opportunities

      3.4

      Work/Life balance

      3.3

      Culture & values

      3.0

      Senior management

      Bitpanda has an employee rating of 3.5 out of 5 stars, based on 159 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Bitpanda employee rating is in line with the average (within 1 standard deviation) for employers within the Informationstechnologie industry (3.9 stars).

      Ratings by demographic groups

      Reviews by job title

      159 reviews
      1.0
      Jun 26, 2022

      Stay away

      Business developer
      Recommend
      CEO approval
      Business Outlook

      Pros

      The people working there are really passionate about their job, but after a few months their passion is kicked down through C-level managers.

      Cons

      Mid June they said that they are not firing people and just 1 week later about 600 (37%) of all employees got fired.

      avatar
      Bitpanda Response
      3y
      Hi there — Thanks for taking the time to share your thoughts. At Bitpanda, we believe strongly in honesty and transparency, and we want to ensure that this is an equitable workplace for all. That’s why we think that it’s essential that all our folks are empowered to speak freely using Radical Candor to share informed opinions in an open, respectful way. We also know that being at Bitpanda means that this isn’t your typical corporate 9-to-5 and that our Pandas go above and beyond to keep raising the bar. This is why the recent news especially hurt, as it means that we’ve had to let go of some of the best out there. But, because we strongly believe in having a fully open, honest and transparent environment and are committed to doing things the right way, not the easy way, we wanted to ensure that this tough news was delivered as transparently as possible. However, regrettably, due to legal restrictions, we couldn’t communicate it in the most personal way that we would have liked to. As we watched the world events and market conditions intently, hopeful for a turnaround, unfortunately, we had to be realistic and reassess our strategy. Therefore, we made this difficult decision to ensure that we are fully weather-proofed to navigate the current storm in the market and get out of it financially healthy to continue our mission. We understand that times like these can make the future look uncertain. However, we want to assure you that these one-time-only measures will not affect the growth opportunities we have always given our Pandas. We are fully committed to ensuring that being here remains the best investment in yourself and that Bitpanda is an equitable workplace for all. After all, we know that the growth of our talented folks on the Bitpanda bus will mean we’ll be ahead of the curve to provide new products and services and help make investing accessible to everyone.
      1.0
      Jun 3, 2022

      A scaleup that is a victim of its own success

      Upper management
      Recommend
      CEO approval
      Business Outlook

      Pros

      Great passionate people Sexy domain (crypto)

      Cons

      The HR is a joke Most great people at the company have left or been fired already Chaotic and inconsistent decisions No true leadership Management is a gang of buddies The culture that I was attracted by in 2020 created and lived by the founders is long time gone

      avatar
      Bitpanda Response
      3y
      Hi (former) Panda, thanks for taking the time to let us know about your experience at Bitpanda. It’s great to hear that you enjoyed working alongside our Pandas (but also very easy to understand!) At Bitpanda we pride ourselves on the 1,000+ incredible people that joined and continue to remain part of our den. We’re able to do this by having an open and honest culture while giving every Panda here their own personalised path to continue to grow and progress in their career. Over the past year, as we’ve continued to grow at an incredible speed, we’re also incredibly proud of how all our functions have adapted to the increase in our size and headcount. After all, ‘think big, move fast’ isn’t just a tagline for us. As a startup in a highly competitive industry, it’s important that we are set up as a fast-paced and high-impact company. And while this can bring about fast changes, we always make sure that they are done for the right reasons and that they have a positive impact. Of course, this doesn’t mean that we’re perfect — we know there’s always room for us all to “do better”. That’s why to ensure that we’re providing a world-class experience and working environment for our Pandas, we’ve recently kicked off a company-wide Bitpanda Employee Voice survey to give everyone here an anonymous tool to feel free to speak up and give it to us straight on what works well and the things we could improve. We really appreciate all the effort that you put in during your time in our den and we wish you nothing but success in your next adventures.
      2.0
      May 26, 2022

      Not a place to be

      Senior software developer
      Recommend
      CEO approval
      Business Outlook

      Pros

      - International teams, - Office looks good, - They have started to listen to senior devs that are trying to push the wheel in the right direction, - Work from anywhere, vacations, "week breaks". But, I'd say they're offering this many benefits because they cannot keep devs at bitpanda or because employees are just stressed. - One thing that I really like is that you might be able to work like 6 hours a day (with a reduction of salary), - It might be good to work here to put into your CV and to learn some technologies for a starting dev, - To learn what a growing start up can be. - Free coffee so you can work during the nights.

      Cons

      - Very unorganized and forced hyper growth. - Experienced and old employees are leaving the company constantly. As a result many people are new and/or nobody knows what should be done and/or are so overwhelmed that they cannot think on what's really important to keep the "molecular structure" of the company. - Awful on-boarding, many new comers are quite pissed off. - Inter-team communication is very hard as everyone is on an urgency. - Manager responsibilities somehow end up in the "leaves". - Bad planning of new features. Devs, QAs and POs are paying for all the bad management decisions. - Urgent priority changes over urgent existing priorities with very strange dead lines. I've seen testers, POs and PMs working non stop for months, even during the nights. - Salaries cannot keep up with other companies and the work-life balance is quite bad. - Overtime is not considered in your salary. HR will say that you can work less on a Friday if you work more during weekends, but, that is hard to achieve. - HR keeps talking about career paths but seems impossible with all the chaos. - Engineering managers don't seem to have the power of decision or expertise to really change anything.

      avatar
      Bitpanda Response
      4y
      Hi (former) Panda, We really appreciate you taking the time to leave your thoughts about how you found life at Bitpanda. As a high-impact and fast-paced company in a highly competitive industry, in order to grow, we have to work hard to always be thinking big and moving fast! While this can bring about fast changes, we always make sure that they are done for the right reasons and have a positive impact. So while working at Bitpanda will often mean having to go beyond the typical corporate 9-to-5, we ask all current and potential Pandas to keep this in mind to ensure it's the right fit for them. However, we're incredibly proud of the amazing talent that we are not only able to attract to our den but also retain. Part of our ability to do this is not just the incredible personal growth opportunities we offer but also our revolutionary "flexibility-first" approach that allows every one of our Pandas to personalise the way they work to have the optimum work-life balance. Of course, as a company, we know there's always room for improvement. That's why we've recently kicked off our Bitpanda Employee Voice survey to ensure everyone here has the ability to speak up, talk straight and help us grow stronger and tackle any areas of weakness. Thanks for all your effort during your time in our den. We hope we've managed to address the points you've raised here, and we wish you nothing but success in your next adventures!
      Viewing 124 - 126 of 159 Reviews
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      Glassdoor has 275 Bitpanda reviews submitted anonymously by Bitpanda employees. Read employee reviews and ratings on Glassdoor to decide if Bitpanda is right for you.