Korean Company Under Fire for Preferential Treatment, Wage Withholding, and Ignoring Logical Solutions
Pros
A Culture of Complacency, Preferential Treatment, and Dread—Employees Stuck for the Paycheck, Company Stagnates Under Poor Management
Cons
The company has no clear direction, constantly shifting their focus on cell therapy in an attempt to make it fit various conditions. They've bounced from Autism to Dementia, Alzheimer's, Cancer, and Parkinson’s, with no tangible progress or impact to show for it., other than showing people video of an old Hispanic man dancing when he hears music. Who are you kidding, I've seen crippled 80-year-old men dancing at the sound of their favorite song, nothing impressive to show. The CEO is essentially a consultant to multiple failed businesses. His only redeeming quality is his theatrics, constantly sharing 'woe is me' moments, but never truly considering the struggles of his employees with the failed leadership I feel bad for the investors, as it seems like there’s definitely some sort of money scheme happening behind the scenes." The old Korean guy who is the business project who knows what goes to the office building and falls asleep. When he's not out-front smoking with the privileged Korean Directors, you can hear him snoring down the hall. HR is absolutely the worst. They have no real understanding of the company’s operations and constantly defer to external consultants for everything. But you can catch her and the Operations director skipping out for lunch for three hours every Wednesday. Performance reviews are directly tied to your bonus, but even if you excel in your first year, the highest rating you can get is a 3 out of 5 or 6. It’s all capped, regardless of performance. HR has explicitly stated they don’t hire intelligent people, only those who can do the job. Payroll has been a major issue—failed to pay employees for an entire month. Upper and middle management have been nonexistent for 2-3 months. On top of that, they’ve failed to follow basic California Labor Laws. The Korean Operations Director is the one calling all the shots, but she fails at her job and mismanages company funds, directly impacting employee pay and vendor payments. The previous financial advisor was employed for two months but wasn’t paid and wasn’t given any work because the company didn’t trust her due to the fact that she wasn’t Korean. Research samples are mismanaged, and the manufacturing process for products often skips over crucial quality regulations. But hey, who's going notice, right? There have been occasional smuggling incidents where patient cells were hidden in paper coffee cups slated for manufacturing and sent across the Mexican border by doctors working with NKGen. NKGen is essentially run by NKMax in Korea. It's all just smoke and mirrors for anyone who thinks otherwise. Waste chemicals are regularly poured down floor drains or into sinks, bypassing proper disposal procedures. The company accumulates waste on-site for longer than legally permitted. Countless vendors who maintain essential equipment have gone unpaid for their services. The list of mismanagement and unethical practices goes on.