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Foundry
3.7
based on 21 Reviews
Company Overview
Company Locations
Working at Foundry
Company Summary
Overall Rating
3.7/5
based on 21 reviews
Highly rated for
Company culture, Work-life balance, Work satisfaction
Critically rated for
Job security
Work Policy
Monday to Friday
42% employees reported
Strict timing
57% employees reported
No travel
55% employees reported
Day shift
86% employees reported
View detailed work policy
Top Employees Benefits
Free meal
3 employees reported
Office cab/shuttle
1 employee reported
International/On-site exposure
1 employee reported
Job/Soft skill training
1 employee reported
View detailed benefits
About Foundry
Founded in2004 (21 yrs old)
India Employee Count51-200
Global Employee Count--
HeadquartersAtlanta
Office Locations
Websitethefoundryagency.com
Primary Industry
--
Other Industries
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Foundry Ratings
based on 21 reviews
Overall Rating
3.7/5
How AmbitionBox ratings work?
5
7
4
7
3
4
2
1
1
2
Category Ratings
4.0
Company culture
4.0
Work-life balance
4.0
Work satisfaction
3.9
Skill development
3.8
Salary
3.5
Promotions
3.0
Job security
Foundry is rated 3.7 out of 5 stars on AmbitionBox, based on 21 company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Foundry Reviews
Compare Foundry with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 3.7/5 based on 21 reviews | 3.1/5 based on 227 reviews | 4.4/5 based on 211 reviews | 4.3/5 based on 347 reviews |
Highly Rated for | Work-life balance Company culture Work satisfaction | No highly rated category | Skill development Company culture Promotions | Skill development Work-life balance Salary |
Critically Rated for | Job security | Promotions Work-life balance Job security | No critically rated category | No critically rated category |
Primary Work Policy | - | Work from office 70% employees reported | Work from office 51% employees reported | Hybrid 95% employees reported |
Rating by Women Employees | 3.7 Good rated by 3 women | 3.1 Average rated by 75 women | 4.0 Good rated by 11 women | 4.2 Good rated by 111 women |
Rating by Men Employees | 3.7 Good rated by 16 men | 3.2 Average rated by 143 men | 4.1 Good rated by 50 men | 4.3 Good rated by 182 men |
Job security | 3.0 Average | 2.8 Poor | 4.2 Good | 4.3 Good |
View more
Foundry Salaries
Foundry salaries have received with an average score of 3.8 out of 5 by 21 employees.
Electrical Maintenance Engineer
(4 salaries)
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₹2.5 L/yr - ₹4.5 L/yr
Production Supervisor
(4 salaries)
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₹1.2 L/yr - ₹2.5 L/yr
Web Designer
(4 salaries)
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₹3.6 L/yr - ₹6.6 L/yr
Marketing Automation Executive
(4 salaries)
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₹5 L/yr - ₹5 L/yr
HR Incharge
(4 salaries)
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₹9 L/yr - ₹12 L/yr
Mechanical Engineer
(4 salaries)
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₹2.4 L/yr - ₹4 L/yr
Business Research Analyst
(4 salaries)
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₹4.6 L/yr - ₹5.1 L/yr
Production Engineer
(3 salaries)
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₹2.5 L/yr - ₹10.5 L/yr
Accountant
(3 salaries)
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₹2 L/yr - ₹3.5 L/yr
Quality Analyst
(3 salaries)
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₹4 L/yr - ₹6.9 L/yr
Foundry News
Foundry Cuts Workforce Amid Restructuring Efforts and Business Focus
- Foundry, the biggest Bitcoin mining pool, has reduced its workforce by 27%.
- The layoffs were part of a restructuring effort under Digital Currency Group (DCG) to focus on core business operations.
- Up to 40–60% of Foundry's employees may have been impacted by the layoffs.
- Foundry also transferred around 20 employees to Yuma, a decentralized AI startup affiliated with DCG.
Crypto-News-Flash | 10 Jan, 2025
Bitcoin Miner Foundry Returns Excess 8.18 BTC Fee After Transaction Error
- Foundry USA Pool, the largest Bitcoin mining pool, returned an overpaid transaction fee of 8.18 BTC worth $777,000.
- The error occurred in December during the mining of block 875475, with a fee 91,127 times higher than required.
- Foundry refunded the excess fee after assessing the mistake and stated it didn't impact regular customer payouts.
- This is the second incident of returning overpaid fees, following a similar action by Antpool in November 2023.
Cryptopotato | 30 Dec, 2024
Bitcoin Mining Giant Foundry Redirects Resources to AI Startup Yuma
- Bitcoin mining giant Foundry, a subsidiary of Digital Currency Group (DCG), has announced layoffs, reducing its workforce by about 16%.
- Around 20 employees will be transferred to Yuma, a decentralized AI startup founded by DCG.
- Yuma aims to revolutionize decentralized AI using Bittensor's network for innovative applications.
- The layoffs and resource reallocation signify Foundry's strategic shift towards decentralized AI and its adaptability to the changing crypto industry.
Crypto-News-Flash | 5 Dec, 2024
Foundry Cuts Workforce by 60%: The World’s Largest Bitcoin Mining Pool Restructures
- Foundry, the world’s largest Bitcoin mining pool, has announced a significant workforce reduction, laying off 60% of its staff.
- The decision is part of a strategic initiative to focus on core revenue-generating operations.
- Despite the layoffs, Foundry's Bitcoin mining pool remains operational, accounting for 30% of the Bitcoin network’s total hashrate.
- The layoffs follow the collapse of Genesis, a subsidiary of Digital Currency Group, the parent company of Foundry.
Bitcoinist | 4 Dec, 2024
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Foundry FAQs
When was Foundry founded?
Foundry was founded in 2004. The company has been operating for 21 years.
Where is the Foundry headquarters located?
Foundry is headquartered in Atlanta. It operates in 2 cities such as Coimbatore, Mumbai. To explore all the office locations, visit Foundry locations.
How many employees does Foundry have in India?
Foundry currently has approximately 100+ employees in India.
Does Foundry have good work-life balance?
Foundry has a work-life balance rating of 4.0 out of 5 based on 20+ employee reviews on AmbitionBox. 67% employees rated Foundry 4 or above on work-life balance. This rating reflects the company's efforts to help employees maintain a healthy balance between their personal and professional lives. We encourage you to read Foundry reviews for more details
Is Foundry good for career growth?
Career growth at Foundry is rated fairly well, with a promotions and appraisal rating of 3.5. 67% employees rated Foundry 4 or above, while 33% employees rated it 3 or below on promotions/appraisal. Though the sentiment is mixed for career growth, majority employees have rated it positively. We recommend reading Foundry reviews for more detailed insights.
What are the pros and cons of working in Foundry?
Working at Foundry comes with several advantages and disadvantages. It is highly rated for company culture, work life balance and work satisfaction. However, it is poorly rated for job security, based on 20+ employee reviews on AmbitionBox.
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