Executive leadership put value in product over people - Senior Manager Instil Bio Employee Review

2.0
9 Jan 2023
Recommend
CEO approval
Business outlook

Pros

Above fair compensation and benefits. Autonomy to do job without micromanagement. Worked with an amazingly talented team of technical leads and business people.

Cons

Executive team does not know how to run a company, let a lone a cell therapy start-up in the biotech industry. It was made clear that the top executives valued their product above their people, and failed to realize that it is the PEOPLE who make the product. TIL therapy is fraught with plenty of its own inherit challenges, which is exactly why a company needs to retain and reward the genius minds who can bring TIL therapy to fruition in the market. When Instil Bio announced a 60% reduction in workforce, horribly mismanaged how they went about the layoff announcements, and then backpedaled when the workforce spoke up, shows just how inept leadership is when it comes to running a business. To say this experience has jaded my idea of a cell therapy startup would be an understatement. For those 40% who will stay with the company, I would proceed with caution and make sure your resume is up to date...

Explore other reviews about Instil Bio

5.0
29 June 2023
Recommend
CEO approval
Business outlook

Pros

Friendly coworkers and good management

Cons

No longer in operation currently

4.0
25 May 2025
Recommend
CEO approval
Business outlook

Pros

Big team dynamic, fast pace learning for junior staff, wear multiple hats, management was open door and easy to talk to

Cons

Many competing priorities, not enough people to do some work while many people with not a whole lot to do.

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