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Tungsten Network

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Tungsten Network Reviews

3.3

49% would recommend to a friend

(222 total reviews)
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Paul Cooper

68% approve of CEO

39% positive business outlook

Tungsten Network has an employee rating of 3.3 out of 5 stars, based on 222 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Tungsten Network 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

222 reviews
1.0
20 Jan 2021
Recommend
CEO approval
Business outlook

Pros

+ Comfortable chairs, health insurance, free wifi, and nice hot uni-sex showers...

Cons

Tungsten is a dazzling display of ineptitude with a sprinkling of incompetence. A political cesspit of backstabbing, nonsense, and brown-nosing in a rodent-infested office. If Carlsberg made e-invoicing companies, they had absolutely no involvement with this one. There are no pens, no jugs for water, there's no access to paper, no pedestals, you can't print anything. The desks are three feet wide. No WFH policy. The labor turnover is so high it's not really worth getting to know anyone, not that there are any social events to speak of. Tungsten is a nasty insidious little company. A penny pinching, pound poor, embarrassment to the city. Most of the positive reviews here were fabricated by a member of the marketing department before they were fired (for updating the current CEO's biography hmmm). Frankly, I have been nothing but amazed by the companies' absolute mismanagement of funds and time over the last few years. I am wondering who has paid for it all. Shareholders? A 92% drop in share price from 5 years ago? What does Odey see in Tungsten? Some employees hold positions whereby they simply just don't possess the necessary skills. Fortunately, to the benefit of the company, the CEO has swung his axe around cutting some of the old, no doubt overpaid staff, of course giving a direct family member a job in the process... Is that a conflict of interest? The CTO left, the whole tech team disbanded... hardly FinTECH is it then? Despite the axe swinging, some highly questionable individuals still remain. Absolutely bamboozling. In fact, there's been so much coming and going, and sacking and what with the 'rona it's actually hard to know who still works at Tungsten. Work wise in the now-defunct technology team there was zero accountability and minimal direction. Projects were always rushed live before they were ready/fully tested because of imaginary deadlines and of course 'AGILE'! This always led to errors and rollbacks. And then people flapped around and wondering what went wrong. Tungsten has always tried to do far too much at one time and therefore it never really achieves anything worthwhile, it's just perpetually mediocre and will continue to be so.  To summarise then excluding senior management roles... Tungsten neither has the appeal of a large company nor the excitement of start-up. It's just meh, at best a mediocre gravy train, with a CEO suffering from insane delusions of grandeur. The company is most likely traveling towards bankruptcy or that 'road to £100 million' because the CEO worked at Dell once, Alllwight. Avoid unless absolutely desperate for cash. 2/10 p.s. No axe to grind here, just saying it how it is - thanks for all the money. Best of luck. You're really, really going to need it.

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Tungsten Network Response
5y
At Tungsten Network, we’re on an ongoing journey to increase value for both customers and employees, so we're sorry to hear about your negative experience. With so many companies struggling during this period of COVID, we are proud of the results delivered by our dedicated and hard-working teams. These results are publicly available and show the solid financial foundation which we are building on. Although we provide multiple employee feedback mechanisms, including monthly pulse surveys, several statements expressed within your post have never been raised internally. We welcome a phone or video discussion to give you an opportunity to fully and directly express your frustrations and disappointments. This will help us look for ways to address any go-forward concerns for others. If you’d like to schedule this, please email info@tungsten-network.com. We do want to make one point clear: we have never and will never post ‘fake’ reviews. Every employee experience is unique and every Tungsten review on Glassdoor is 100% authentic. As with all employee input, we will certainly take yours under consideration and wish you well in the next phase of your career.
1.0
25 Oct 2020

Sinking Ship

Recommend
CEO approval
Business outlook

Pros

Location. Some colleagues had a lot of knowledge about the business (but this is overlooked)

Cons

Management have no idea how to run a company Constant blame culture Senior leaders who are frankly not capable of doing their jobs and instead just hire contractors to do their roles No real finance leadership

2.0
27 Jan 2021

20 years in business and still failing.

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Some people are genuinely friendly

Cons

Very poor middle and upper management. A bunch of vultures feasting on company's resources and discarding other employees

Viewing 1 - 3 of 222 Reviews

Glassdoor has 235 Tungsten Network reviews submitted anonymously by Tungsten Network employees. Read employee reviews and ratings on Glassdoor to decide if Tungsten Network is right for you.