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Workers at events start-up Pollen have revealed that there is still no update from the company\u2019s chief executive over pay or a proposed deal with a new partner.<\/p>\n
Engineer writer Gergely Orosz has claimed multiple insights into the situation at Pollen, which has been deteriorating over the last few months.\u00a0<\/span><\/p>\n In May, Pollen laid off over 150 employees<\/a> despite announcing in April that it had raised $150m (\u00a3124m\/\u20ac147m) in Series C funding<\/a>.\u00a0<\/span><\/p>\n The company, which was founded by brothers Callum and Liam Negus-Fancey in 2014, then missed its June payroll<\/a>.\u00a0<\/span><\/p>\n CEO Callum Negus-Fancey said that workers would be paid but there was a delay because of a potential major deal with a \u201cwell-known entertainment company\u201d.<\/p>\n Orosz said on Twitter<\/a>: \u201cHow would you feel if your salary was not paid, but the CEO said you\u2019ll be paid once a mysterious deal closes next week? Next week, he says the deal takes longer b\/c people leaked to the press about not getting paid. And this goes on for weeks? It\u2019s happening at Pollen.\u201d<\/p>\n The writer then said that some workers also missed out on pay for July.<\/p>\n He said: \u201cEveryone working in tech is refusing work. This is after not being paid for July, and the deadline when founder and CEO Callum Negus-Fancey said things will be sorted passed with no pay.\u00a0<\/span><\/p>\n \u201cUpdates from the CEO are getting shorter and without specifics.\u201d<\/p>\n Orosz then shared a screenshot of an email from Callum Negus-Fancey which read: \u201cI\u2019m afraid I don\u2019t have a meaningful update yet \u2013 I will update again this week. I understand the impact this is having and I\u2019m sorry I can\u2019t share more.\u201d<\/p>\n The latest update from the CEO. I\u2019ve had several current engineers share this.<\/p>\n This is the CEO who was gaslighting employees, saying the deal is not closing because they leak to the press.<\/p>\n You know why they leak to the press?<\/p>\n They want to get paid and have no other leverage. pic.twitter.com\/5oR4TLoSyS<\/a><\/p>\n \u2014 Gergely Orosz (@GergelyOrosz) August 4, 2022<\/a><\/p>\n<\/blockquote>\n Orosz added: \u201cEmployees are very, very angry because while they are not paid, the co-founder brothers used tons of company money on lavish stuff like private jets for business travel.\u00a0<\/span><\/p>\n \u201cSome speculate the CEO\u2019s 30th birthday where all company employees were invited was also paid by company money.\u201d<\/p>\n It was also recently reported that Pollen had turned to Goldman Sachs and restructuring firm Kroll to aid its search for a buyer<\/a>, suggesting the company was trying to salvage its future.<\/p>\n TheTicketingBusiness.com<\/a> has contacted Pollen for comment.\u00a0<\/span><\/p>\n\n