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Divido Financial Services

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Divido Financial Services Reviews

4.1

77% would recommend to a friend

(84 total reviews)

Todd Latham

89% approve of CEO

64% positive business outlook

Divido Financial Services has an employee rating of 4.1 out of 5 stars, based on 84 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The Divido Financial Services employee rating is in line with the average (within 1 standard deviation) for employers within the Information Technology industry (3.9 stars).

Reviews by job title

84 reviews
2.0
17 June 2022

It was a fun startup, now it all went down the drain

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Years ago it was fun to work for Divido, with perks and fun activities. The laptops provided are top specs and latest models. Ultra-wide monitors in the office and for WHF Great people came to work here, but they have all left

Cons

Everyone will tell you that the culture can be best described as 'toxic'. Multiple changes in leadership roles with 4 (5?) CFOs, 3 CEOs and ever changing engineering setup. Turnover is huge with probably only 2 OG people left. HR is somehow in charge of everything and everyone, rather than focusing on culture and hiring. Toxic environment and general fear of being fired at any time. No clear structure, everything shifts depending on which client we try to sign up with. Operations roles are looked down on, with no budget allocated. People are made redundant way too often. Despite what HR says, you will not get a pay review unless you threaten to quit. I personally don't see this company to survive in the next 2+ years.

1.0
25 Jan 2020
Recommend
CEO approval
Business outlook

Pros

An amazing product and good salary

Cons

Blame culture, dictatorial top management and close to 100% employee turnover every year.

avatar
Divido Financial Services Response
6y
I am sorry that we decided to part ways so soon after you started. As you recognise, we have a great product, great pay and benefits as we want to attract and retain the best people. Our transition over the last 18 months from an SME to an Enterprise has meant some hard decisions but ones which, in the same period, has seen the employee base grow by over 20% and in areas like our Engineering team by over 40%. We’re continuing to work hard on the employee experience here at Divido and make sure we hire the right person for the job, first time. Christer Holloman CEO and co-founder
1.0
6 July 2022

Avoid this company

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Nice office space Good balance Great team Great tech stack Office food

Cons

No vision Lack of organisation Lie to employees Deceitful practices Lack of trust

avatar
Divido Financial Services Response
3y
Hi and thank you for your review. As with many other companies in our industry, in response to the recent economic conditions we needed to cut costs to ensure our $30M series B funding lasts us well into the future. I'm afraid that we had to make some layoffs to achieve this. I am genuinely sorry to everyone who has been impacted by these job cuts, and will do what we can to support them in their onward journey. If I can help in any way please feel free to reach out directly. All the best Todd
Viewing 1 - 3 of 84 Reviews

Glassdoor has 92 Divido Financial Services reviews submitted anonymously by Divido Financial Services employees. Read employee reviews and ratings on Glassdoor to decide if Divido Financial Services is right for you.