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Exela Technologies

Now known as XBP Global

Engaged employer

Exela Technologies Reviews

4.1

81% would recommend to a friend

(1,718 total reviews)

Suresh Yannamani

87% approve of CEO

80% positive business outlook

Exela Technologies has an employee rating of 4.1 out of 5 stars, based on 1,718 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The Exela Technologies employee rating is in line with the average (within 1 standard deviation) for employers within the Information Technology industry (3.9 stars).

Reviews by job title

2K reviews
1.0
21 May 2018
Recommend
CEO approval
Business outlook

Pros

The people are great. But most are so depressed and demotivated now that it's not AS great

Cons

The company has required us to write a positive review specifically to help the impressions when candidates and investors are researching the company. Reading many of the current reviews - its obvious that the fear-based management style is across the board. The nature of this request was not positioned as 'please leave a review' but as 'Team we need you to post a positive review and make sure your teams are all doing the same' It also indicates how out of touch leadership is. The leadership is to scare people about losing their jobs instead of motivating. There are no raises, nor advancement opportunities and no perks

1.0
3 June 2019

So absurdly poorly run, it's sometimes hard to believe

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?

avatar
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.
1.0
20 June 2018
Recommend
CEO approval
Business outlook

Pros

There are some nice people at some locations, but they often get laid off.

Cons

Check the company's stock quotes since early 2017. The stock price has dropped 60% after an ill-advised merger and they're in serious financial trouble. If you accept a position, get your resume back out immediately, because you can be laid off at any moment to cut costs. If offered a bonus, know ahead of time that this company does not pay bonuses (though they do offer them).

Viewing 1 - 3 of 1,718 Reviews

Glassdoor has 1,787 Exela Technologies reviews submitted anonymously by Exela Technologies employees. Read employee reviews and ratings on Glassdoor to decide if Exela Technologies is right for you.