Napoleon without the Intelligence - Anonymous employee Blooom Employee Review

1.0
26 July 2018
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

The other employees (what's left of them) The mission

Cons

The current blooom CEO is the worst leader I have ever encountered. I haven't been at blooom as long as some of the others, but it's a company in trouble. If you want to join a company where the CEO doesn't care about you or your fellow employees, doesn't know anything about the industry you operate in, was promoted to CEO from CMO/Head of product despite being the primary cause of most of the companies current problems, drones on endlessly while saying nothing, and fires anyone who disagrees with him or that he doesn't like then do I have the company for you! We recently laid off most of our marketing team and a few others. The CEO clearly did not care about any of the employees or their sacrifices and years of service to the company. He refused to acknowledge any of his mistakes despite being either CEO or CMO for almost all of them. Blooom is a mess and will not get better until it has new leadership.

Explore other reviews about Blooom

5.0
19 Mar 2025
Recommend
CEO approval
Business outlook

Pros

Good teamwork environment, small but driven team.

Cons

the normal risks that come with working at a startup

5.0
13 Feb 2020
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Blooom has brought together some very passionate and talented people that not only care deeply about the mission, but are also well equipped to contribute in many ways to the company's success. Blooom is uniquely positioned to benefit from shifts in the investment advice industry because of its focus on leveraging technology to reach the masses at a low cost. It's an exciting place to work and employees have unique and wide-ranging opportunities to contribute that are hard to find, even in the start-up community.

Cons

Blooom has been through many ups and downs since beginning in 2014. Leadership changes and layoffs rattled the culture several times and those of us that have been around for a while have certainly learned an invaluable number of lessons along the way. One of the biggest drawbacks of working for any small business is uncertainty. In a fast-paced environment like blooom, it can be hard for some to communicate, maintain transparency, and deal with the constant, often sudden changes, but finding the right people that can embrace change and the risk of the unknown, along with leadership's improved transparency in the last 6 months, has helped and should continue to quite a bit. Blooom's future looks bright.

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