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Exela Technologies

Now known as XBP Global

Engaged employer

So absurdly poorly run, it's sometimes hard to believe - Anonymous employee Exela Technologies Employee Review

1.0
3 June 2019
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

The Santa Monica office is really nice, it looks like the tech company Exela wishes it was Daily meals from an in-house chef or ordered in from local restaurants Ron (the CEO) is actually pretty great, but he's just a figurehead

Cons

-Irrational, unqualified management -Active effort to underpay employees -Manipulative culture -Ineffective attempts at innovation -Long hours While interviewing, you may be told that Exela’s negative Glassdoor reviews are from disgruntled front-line employees and that they hardly apply to the Santa Monica office, the company’s center of control. This is false; low morale permeates the company at all levels, borne out of a troubling culture pushed from the highest levels of senior leadership down the chain of command. HGM-level management pays little regard for employees’ work/life balance, personal obligation or career aspirations. Generating actual work product is often less important than creating the perception of working hard (i.e. sending an email at 2 AM). Often, new hires are misled into accepting a below-market base salary in exchange for promises of “unlimited upside” supplemental compensation (typically a bonus). An equally hollow emphasis may be placed on career advancement, but the likelihood of getting your expected payout in either regard is low. Virtually all former HGM/Exela employees have a story on what they were promised, and it’s never what they received. Creating presentations, putting unreasonable pressure on the employees of subsidiaries or poorly implementing the newest hot idea in business management make up the bulk of daily activity. Days are long and personal fulfillment is low. Even worse, the most loyal employees seemingly get rewarded with more work and less pay - I guess the idea is you don’t need to reward people who’ve shown a disinclination to leaving. Unfortunately, your promised payout probably won’t be worth the routine abuse and outright absurdities you stomach each day. When they do come, bonuses may be delayed by months or quarters and payouts are sometimes stretched over as many as 12 weeks without warning. At the least, make sure you have a written basis to calculate any variable compensation you hope to receive. Don’t be fooled by the modern office, overblown assurances on Exela’s technological capability or your potential upside; all prospective hires should run as far as possible from Exela Technologies. Your career, wallet and mental health will be better for it. If you are nevertheless considering accepting an offer, deep dive into two final things. First, the company’s financials; how long will this company and its HGM management be around? Second, consider recent departures; why have so many exceptional people fled the Santa Monica office in the past 6 months?

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Exela Technologies Response
7y
Thank you for your feedback. We care deeply for each team member, and there is nothing we want more than to ensure our employees succeed. While the ultimate goal is quantitative, we believe that comes through the generation of top quality work product and well-executed implementation of company strategies. Our incentive and career progression structures focus on results. Upward mobility and career track are vital to us, and nearly everyone on our leadership team has gotten to where they are through progression within the company. We are sorry if you felt the promises of unlimited upside did not materialize, but for many others, it has. We take pride in knowing that our high performing, dedicated team members are rewarded, and have a platform to pursue ambitious goals as we continue to grow. Thank you again for your feedback, and we wish you all the best in your endeavors.

Explore other reviews about Exela Technologies

5.0
24 Nov 2025
Recommend
CEO approval
Business outlook

Pros

Great pay, Great hours, Great Atmospher

Cons

Being in the dark about changes,

2.0
17 July 2025
Recommend
CEO approval
Business outlook

Pros

Santa Monica (corporate) office has a chef. Lunches are homemade and delicious. Fantastic hours: can arrive at the office around 10:30am and leave around 5:30pm.

Cons

There is no work to do 90% of the time. Employees are paid to go to the office so that the office appears "full" for the one in-person meeting the CEO has per week. There were multiple months where I received/sent less than five emails per month. All strategic initiatives were positioned as grandiose by the CEO; after each initiative was discussed, it was never raised again and no work was done. The only initiatives that were actually pursued were those related to trying to trick lenders into extending Exela, a highly-distressed company that was heading toward bankruptcy, additional debt to pay off the interest payments of its existing debt facilities. However, I imagine (and hope) Exela operates differently once it emerges from bankruptcy this summer (2025).

2
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