ER should be interesting, if only to see if management actually has a plan in mind.
I think the exodus will continue, and the company will lose some real talent.
Glass Door had some interesting takes:
Apr 3, 2019
Helpful (1)
Obalon Therapeutics Logo
"Horrible Management"
Current Employee - Anonymous Employee in Carlsbad, CA
Doesn't Recommend
Negative Outlook
Disapproves of CEO
I have been working at Obalon Therapeutics full-time for more than 4 years
Pros
Pros, Absolutely none, horrible company.
Cons
They Dont care about their employees, they laid off more than half of the company just like that, no warning, right after they worked everyone like slaves, horrible pay, The VP is a absolute BUST he is a micromanager hes down everyone's back all day he has absolutely no trust in anyone. He has No idea what hes doing. They do not give raises. Ungrateful company!
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Cons
Overly focused, $$$ spent on Marketing and Sales Operations not developed / staffed to support company growth Product quality / manufacturability not sustainable enough to become profitable
Advice to Management
You've lost or pushed out a lot of talent due to a top heavy, largely ineffective executive management team. Reduce the number of VP's and invest in middle mgmt. and professional level employees to advance operations and support company growth if your sales ever come back.
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an 22, 2019
Obalon Therapeutics Logo
"New CEO is a Bust"
Current Employee - Anonymous Employee
Doesn't Recommend
Negative Outlook
I have been working at Obalon Therapeutics full-time
Pros
None that come to mind
Cons
New CEO is not trustworthy or experienced, a warm body to fill a chair.
Advice to Management
Reboot with an new CEO
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Cons
Poor management, leadership changes direction too often, management makes poor decisions.
Advice to Management
Replace managers with people who know how to manage a team and know what they're doing. Take care of the customer and your employees.
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"Negative Environment, Poor Leadership, Not Customer Centric"
Cons
Management doesn't care about the customer, only about closing deals. Low moral. Negative environment and so unethical. Bonus structures are inconsistent. Managers are dishonest to both the employees and customers. Leadership has no clue what they're doing.
Advice to Management
Go back to the drawing board and start over. Replace managers with people who know how to manage a team and know what they're doing. Take care of the customer and your employees.
