LUMICKS Reviews

3.1

37% would recommend to a friend

(35 total reviews)
avatar

Olivier Heyning

59% approve of CEO

18% positive business outlook

LUMICKS has an employee rating of 3.1 out of 5 stars, based on 35 company reviews on Glassdoor which indicates that most employees have a good working experience there. The LUMICKS employee rating is in line with the average (within 1 standard deviation) for employers within the Pharmaceutical and biotechnology industry (3.5 stars).

Reviews by job title

35 reviews
1.0
16 Jan 2024
Recommend
CEO approval
Business outlook

Pros

Colleagues are mostly relaxed. Individual contributors are smart. Generous vacation policy. Used to throw some good company parties/events before massive budget cuts to do mismanagement.

Cons

Where to start... 1. Incompetent management: the leadership at LUMICKS is shockingly amateurish. The CEO and founders have never run a large company before, have no prior success stories to speak of and it shows. They constantly botch communications (aka laying off 1/3 of the company the month after telling everyone jobs are safe 🤡), spend in all the wrong places, hire the wrong people, and hide the fact that they spent most of the investor money inappropriately and cashed themselves out. Don't buy into the "cult" of LUMICKS - its a dying company. 2. Lack of career development: don't expect any support for your professional growth at LUMICKS. They claim this nice, flat organizational structure but in reality it's just a bunch of incompetent middle managers fluttering around with no clue on how to foster and grow the careers of their colleagues. It's perhaps a good place to start your career, but almost everyone leaves after a year due to the chaos within. 3. Inadequate compensation: the compensation at LUMICKS is far from competitive. Raises are well below inflation. Perks are slowly being pulled back as they try to lower burn rate. The office is in the worst location in Amsterdam - it might as well be in a different city.

2.0
7 June 2023

You just DON'T want to care

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Free lunch, free coffee, free snacks

Cons

- Long decision line - Low productivity - No plan, no direction, no processes. Things just keep changing over and over again - All your hard work gets neglected. You don't know why you work so hard for. They just simply make you not want to care - Fake promises by management. You don't know whether you should trust their words

1.0
29 Apr 2023

Don’t solicit people you’ve laid off

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

The only positive was that some of the people were really nice. Technology is cool.

Cons

Don’t try to solicit a former employee on their personal email, that you laid off (the day after the holiday party), to join some alumni network 3 years after the fact. It’s extremely tone deaf. When I was at Lumicks I did not have an enjoyable experience and there is no way I’d want to relive that through an alumni network.

Viewing 1 - 3 of 35 Reviews

Glassdoor has 57 LUMICKS reviews submitted anonymously by LUMICKS employees. Read employee reviews and ratings on Glassdoor to decide if LUMICKS is right for you.