Acorns

1.0

9 June 2023

Anonymous employee

Recommend

CEO approval

Business outlook

Pros

There really are not any pros from my two years of working at Acorns.

Cons

There has been an absurd amount of turnover at the C-Suite level, which speaks volumes to how the company is run. Noah, the CEO, is overly involved in every single aspect of the business, making it impossible to get anything done. Whatever he says, goes. Everyone at the senior level is scared of him, and says yes to everything is he asks for, leaving it to more junior employees to manage his expectations. There is no work life balance working here. You are expected to answer Slacks late at night, early mornings, on the weekends, no matter what timezone you're based in. At this company, you are simply just a number, and there is absolutely no empathy for employees. The CEO and other C-Suite sets unrealistic goals that no function is capable of meeting, and then put an immense amount of pressure on individuals to meet these goals that employees have no say in. The company is not performing well given the market conditions, and there are expectations for employees to somehow make up for this. There is absolutely no company culture. Yes, it's a remote job, but there is no effort put in to make employees feel connected.

Acorns Response

We’re sorry to hear your experience was such a departure from what others have shared with us. Acorns is a mission-driven organization, intently focused on looking after the financial best interests of the up-and-coming. The mission and values remain at the heart of all we do and serve as a north star for decision-making for every team member, including Noah and other senior leaders. Our goal is to foster an ever-improving workplace culture and community that engages and inspires. We do this by building meaningful connections to one another rooted in trust and looking after one another through on-going educational, well-being and community-building programs and events. This empowers our team to face any challenge with courage, optimism and to bravely leap, take risks, and learn from failures. Our culture is not for everyone and those who are not driven by the mission and do not live the values will struggle and may choose to leave. While we don’t always get it right, our fourth value reminds us that we never stop growing. Change is the constant and we’ll continue to embrace curiosity, courage and compassion while delivering for our customers and team.

The Worst Employment Experience I've Ever Had - Anonymous employee Acorns Employee Review

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