A Shadow of the former quirky, awesome, and thoroughly good - Anonymous employee MX Employee Review

2.0
Oct 12, 2022
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

When I started at MX it was by far the best organization I had ever worked for. The values of the organization truly governed every aspect of how we operated. The company really took care of employees and went out of their way to reward and simply show appreciation. Whether through formal means like pay and recognition, or informal like swag, or just silly things. The products we build have the potential to be absolutely transformational and address our mission to empower the world to be financially strong. The kitchen and catered meals are still fantastic and it's hard to overstate how much that makes me enjoy coming to the office.

Cons

Where to start... so many of the pros listed above have been negated in some way since the beginning of 2022. - We effectively lost both of our founders, and other key executives who were the heart and soul of what made MX special. It all happened very fast too - The company felt a bit rudderless under the interim CEO and we lost a lot of momentum. We saw dozens and dozens of people quit in a matter of weeks. Morale was at an all time low - Compensation fell below market averages, being left behind by massive inflation and cost of living in general - We were massively understaffed to support our existing client-base, conflicting priorities meant slow resolution for client issues, slow development, halting or abandonment of many initiatives and products - We hired Jim Magats and he brought other execs with him. There was a lot of excitement about this, promises made about growth and stability. Everyone was hyped about the prospects of getting back to growth mode - The first truly significant change that took place under the new leadership was to fire 200+ people, get rid of the leader of the culture team, effectively dissolve the customer success team, get rid of almost the entire mobile engineering staff, and on and on - We are much better positioned financially now because well... we got rid of 200 people. But it's absolutely unclear how we'll manage to meet our current contractual obligations and innovate in any way. Maybe it gets turned around somehow, but the short term future is absolutely grim, filled with attrition, lawsuits, and unmet expectations

Explore other reviews about MX

5.0
May 29, 2026
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

MX moves quickly, which may not be the most enjoyable reality for some. But for me, I love it. I have had an incredible run at MX because I am learning and growing every single day. MX is genuinely mission-driven. I have learned that the leadership team will move mountains to ensure we abide by MX values. I am given appropriate authority to make decisions commensurate with my role and level and my work is directly linked to our mission. These aspects of work matter so much to me. I want to feel like the work I am doing every day matters. I want to feel like I am contributing with purpose. I want to feel like I have a voice - and I do.

Cons

There are still a lot of team members who are just here for a paycheck. That can be discouraging because you hope that everyone you work with cares about trying their best and being held accountable to working hard. Because I am committed to working hard, I have been highly rewarded and have progressed quickly in my career. I constantly hear from team members that they don't experience career progression but these are often the same people who just show up and do the bare minimum and hope to be paid well.

5.0
Apr 8, 2026
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Since the return of OG leadership, things are getting back on track. Product strategy feels clear again. We’re delivering meaningful releases and driving quantifiable customer value. The energy is strong, and the numbers are trending in the right direction. It feels great to be part of a team committed to a clear mission, shared values, and actually getting things done. Great people, great product, and leadership I trust. There’s also real opportunity to grow.

Cons

MX operates as a meritocracy. Every role has clear performance expectations, and if you’re not meeting them, you should expect accountability (including PIPs). Personally, I see this as a positive—it keeps standards high—but it can feel intense for those not used to that level of ownership. There’s also a fair amount of ambiguity in many roles. Playbooks and SOPs aren’t always fully defined. While there’s solid foundational training on the industry and product, onboarding depth can vary by team and is often fairly high-level. If you value autonomy, this environment can be energizing. If you prefer structured guidance, it may feel challenging. There is a lot of great content and internal know-how—it’s just not always easy to find. That said, there’s a strong push to improve this, and tools like Rovo are already making a meaningful difference.

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