Siloed Company with Frequent Reboots
Senior Engineer (Current Employee) – Santa Monica, CA – January 31, 2018
TrueCar is an agile-development focused company with a significant first-mover advantage in negotiated automotive lead solutions. The company compensates its employees quite well and prides itself on its "above normal" compensation package.
However, the company is fairly siloed, with promotions and significant responsibilities given primarily to long-term friends of the senior management. There is very little advancement, promotions, or raises for the majority of the technical staff with a significant amount of churn.
The culture can be very isolating at times with entire divisions taking the blame for mid- and upper-management decisions.
If you find yourself in a well-loved team, however, your TrueCar experience will be great. Many well-positioned employees remain at the company for 5-10 years or more. However, beware of the 2-3 year layoff cycles and wholesale reorganizations.