Taro Logo

Marqeta’s time has passed

Anonymous, Engineering
Current Employee
Has worked at Marqeta for 4 years
December 4, 2024
1.0
Doesn't RecommendNegative OutlookDoesn't Approve of CEO
Pros

Improved reliability and scalability of the platform and meeting big customer needs.

How long will that last though?

Cons

Since RIF in May 2023, there has been no investment in critical areas. People are pushed to do more with less. There is no aligned direction on where we are going. ET bench is the weakest I've seen in my career and they keep moving out product and technology leaders while revenue growth is less than 20%. Hope is fading and the exodus has started. Private equity or Block will buy MQ.

Additionally, benefits have been reduced and more costs passed to employees.

Advice to Management

Stop whacking more people and pretending this company is going to be something big. We are not too big to fail. Your credibility is gone. Stop lying. We know this company cannot be sustained as a public company. Embedded finance is years away from reality.

Additional Ratings

Work/Life Balance
3.0
Culture and Values
1.0
Diversity, Equity, and Inclusion
3.0
Career Opportunities
1.0
Compensation and Benefits
1.0
Senior Management
1.0

Was this helpful?

Marqeta Interview Experiences