Buyer beware… - werkgeversreview Anonymous Employee bij XYZ Reality

1,0
7 nov 2025
Aanbevelen
Goedkeuring directeur
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Pluspunten

- The technology itself is incredible. The tech team as a whole have developed a product and platform that is truly pioneering over many years and when deployed on a project where it “goes right”, it has significant benefit to the client and industry. - There was a fantastic group of people who worked for XYZ with a lot of fun, personality and ambition, so it was enjoyable to be on that journey together. - Christmas break doesn’t get taken out of holiday allowance which is good (25 days). Private medical insurance for UK employees. 5 paid sick days per year. Free lunch in the office every couple of weeks... Nando’s, Wagamamas etc. Flexible, hybrid working arrangements available to most. - Good racial/nationality diversity across teams (but limited in gender, sexuality and age) - They hold regular in person Q&A’s where you can submit anonymous questions and they’ll answer them all there and then

Minpunten

- Redundancy rounds in June 2022, August 2023, November 2024, May 2025, October 2025. They have haemorrhaged money as well as incredible talent and incredible people during this time whilst completely ruining the company culture and vision. Irreparable now. The trust has gone. - Redundancies usually come a short time after an All Hands meeting where they have been bigging up how well the company is doing and how revenue is at record levels. And then boom, 19 more people are gone overnight (tactical number). There is no warning, it comes completely out of the blue every time and this can leave you in financial difficulty if you are not prepared when you’re next on the chopping board. Always be prepared. Have a safety net, and keep your CV up to date. - “Scrappy start up” excuse / mentality, after 8 years in business! It comes down to either laziness or incompetence, or both, at this point. - Have scrapped a large portion of the sales and pipeline team in the last two rounds of redundancies, they are desperate for revenue yet have got rid of the people generating it. - Product is massively overpriced meaning it is not an easy sell even if it has value. Other solutions in the market are further advanced in AI/ML aspects and half the price. Being/been overtaken very quickly. Not revenue team’s fault if you’ve packaged it at an unsaleable price point. - Some team members, including some leadership/senior staff, can speak to others in a very derogatory way if they don’t like something. Can be toxic (this is a very small number of people but they are aware of this issue and it doesn’t change) - Timescales and roadmaps are usually unachievable and either get canned or cause significant issues internally and externally. - Whether you’ll ever get a promotion or pay rise is usually dependent on which team you work in or who your manager is, not what you do - Poor employer pension contributions (3%) - Have been trying and failing to get Series B funding for years. It’s not coming. No matter how many costs/employees they cut to try and get there. They must’ve met with every investor out there by now. - Salaries have not stayed competitive with rest of market as they don’t have the funds. But yet as others have mentioned, no expense is spared on trips to Cannes, Vegas etc for leadership/sales teams events. - The stress of working for this company severely affected my mental health

Ontdek andere reviews over XYZ Reality

4,0
26 sep 2024
Aanbevelen
Goedkeuring directeur
Zakelijk vooruitzicht

Pluspunten

They have an incredible product that even though it sounds buzz-wordy, it sells itself.

Minpunten

Hard to reach accounts, fortune 10, FANG companies are the ICP.

1,0
12 okt 2025
Aanbevelen
Goedkeuring directeur
Zakelijk vooruitzicht

Pluspunten

The technology itself is impressive — truly engineering-grade AR that sets a new standard for accuracy in construction. The vision and product potential are strong, and when implemented correctly, it can deliver significant value to clients in data center construction.

Minpunten

Sales at XYZ Reality is run by the marketing organization, which creates major challenges for experienced sales professionals. The culture emphasizes presentation “perfection” over real-world relationship building and adaptability. Sales representatives are expected to follow scripted slide decks exactly, leaving little room for individual style or adjusting to customer dynamics — a major drawback for anyone with authentic enterprise sales experience. The majority of opportunities are tightly controlled by a few individuals, leaving minimal territory or account access for new hires. The company’s focus is extremely narrow, targeting mainly data center owners and a couple of general contractors. Unless you can independently develop a new vertical (with little internal support), success can be difficult. For sales professionals, the commission structure is also notably low. The average payout is around 3%, and reaching the top commission tier (8%) requires generating roughly $6.3 million in revenue — a threshold achieved by only one person in seven years. To make matters harder, the product is the most expensive solution in the market — more than double the cost of competitors — making it an exceptionally difficult sell, even for seasoned professionals. For American candidates, be aware that U.S. hires are typically brought on through a third-party employer, which makes job security much lower than for European employees. Once you’ve helped bring in a few key accounts, your role can be reassigned or eliminated quickly. It’s much easier for the company to part ways with U.S. staff under “at-will” employment laws, so proceed with caution. During interviews, leadership may highlight how one individual brought in an opportunity within three months of joining as a Director of Mission Critical Solutions. What they won’t tell you is that this has only happened once — in the company’s history. It’s presented as the standard expectation, but it’s the rare exception. Compounding these challenges, there have been multiple rounds of layoffs (2024 and two times in 2025), including the firing of the CRO (should have happened a long time ago), one the top-performing SDR, and most recently, the company’s second-highest-performing salesperson left after 3.5 years. These changes highlight continued instability and leadership misalignment between marketing and sales.

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