Limited Job Security - Anonymous employee Elliptic Employee Review

1.0
19 Jan 2024
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

- Friendly and intelligent people who can help you excel in your field - Flat management structure, making it easy to implement ideas - Choice to work fully remotely/hybrid as needed - Flexibility on how you manage your time

Cons

There is always a looming threat of layoffs stemming from regular rounds of redundancy. In my short tenure here I have seen 3 rounds alone and was unfortunately made redundant myself during the 3rd round. Below market pay; depending on the job role you are doing. While I was adequately compensated, I know some of my other colleagues in other departments weren't. Despite informing management of the pay discrepancy and repeatedly asking for raises over the course of many months nothing was done to action this. This has resulted in a lot of people from these departments leaving/looking to leave (as confirmed by my recent conversations with fellow Elliptites). Elliptic strongly champions the value of "openness" but the truth this a lot of decisions are made abruptly (e.g.: going ahead with delivery targets even when lots of people have left/been made redundant) leading to reduced employee morale and unnecessary stress. While I learned a lot by working at Elliptic and enjoyed the majority of my time there, I would hesitate to recommend it to anyone due to the precarious work environment.

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Elliptic Response
2y
Thank you for sharing your thoughts on your experience at Elliptic. we ensure we proactively hire great people/structure our organisation to drive innovation quicker/create an environment that is flexible enough to meet different Elliptites' working preferences. We are sorry for the challenges you faced and your experience during our recent organisational changes. We take your feedback on pay discrepancies seriously and acknowledge the importance of fair compensation. We do benchmark our roles regularly to ensure we are offering competitive packages. Your concerns about the abrupt decision-making process despite the company's commitment to "openness" are noted, and we appreciate your honesty. We strive to improve our communication and decision-making processes to create a more transparent and supportive environment for all team members. We also understand your reservations about recommending Elliptic due to the perceived evolving work environment. Your insights are valuable, and we are committed to addressing these challenges as we continuously work towards creating a positive and fulfilling experience for our employees.

Explore other reviews about Elliptic

4.0
15 Jan 2026
Recommend
CEO approval
Business outlook

Pros

* Mission-focused organization tackling financial crime in the crypto space - work is meaningful and urgent * Exceptional team of smart, collaborative, and down-to-earth colleagues who show up for each other, even when things get tough. * Culture of learning and personal growth, with opportunities to deepen both technical and professional capabilities. * A high-ownership environment with ample opportunities to make a visible impact, shape the company's direction, and grow quickly - 'seize the day!' * Exposure to complex, fast-evolving challenges at the intersection of crypto, regulation, and technology * True collaborative spirit, where working cross-functionally is both encouraged and needed to succeed * The problems you will help solve at Elliptic are world-changing!

Cons

* Hypergrowth brings a level of ambiguity and constant change, maybe not for those who prefer fixed structures and daily predictability. * Prioritization triage is fundamental - internal processes and change management are evolving as the company scales and may lead to misalignment or rework at times. * Navigating shifting priorities can require resilience and adaptability, especially as the business moves quickly.

2.0
19 June 2025
Recommend
CEO approval
Business outlook

Pros

frequent trips to the uk

Cons

high turn over, not a lot of guidance from upper management

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