The company is going down - Software Engineer Moneris Employee Review

2.0
Jan 31, 2025
Recommend
CEO approval
Business Outlook

Pros

It used to be a good company where you could expect to work for a long time.

Cons

With a new CEO comes everything becomes worse than before. 1. No promotion 2. Very little salary increase 3. Massive layoff in 2024 and the beginning of 2025 4. Many old employees who worked there for more than 15+ years left due to the change 5. Management becomes more micromanagement and pushing a lot. It encourages teammates to compete with each other (at least for my team) and then lay off the people who are not the winners 6. Most people are tense working there 7. Keeps reorg but never solves the problem the employees are asking for 8. Low management level Can you imagine that this so called #1 payment processor company doesn't even have CI/CD pipeline (my department) and the developers are required to do the manual deployment every time even though the developers are asking for CI/CD for more than three years but still no action from the management.

Explore other reviews about Moneris

5.0
Sep 18, 2016
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Great work environment. Management is flexible and they are willing to work with you. You are able to work from home if need be. Everyone knows each other so it's like having a second family at work.

Cons

There isn't much room to truly move up. So if you get a position you are kind of stuck there for a very long time.

5
3.0
Jan 25, 2025
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Great socializing and working with very talented co-workers, The management is focused on small teams, making you feel like you're never left out.

Cons

Moneris was great at first, but things started to go south with the new sheriff in town. Although they try to present the new changes as embracing innovation, I think it's clear to most employee's that this is solely for profit seeking and making the shareholders happy. While over-relying on AI, relaying responsibilities, laying off employees might keep Moneris on its feet for a while, I wouldn't be surprised if there was a huge blowback in the long term.

4
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