The company was acquired by an American private equity company in 2021 with the goal to pump up the evaluation of the company by all means necessary until 2025, do an IPO and then exit. They fired all the existing leadership and brought in their own A-players while optimizing for costs of course. Within tech this meant a lot of first time executive level managers hired from Amazon with no prior people management experience. This has resulted in a company culture where AS24 on the surface has its own values but they tech teams work as a pseudo AWS company within a company, blindly following the practices employed at Amazon for example evaluating employees on the basis of amazon leadership principles, banning power point presentations, forcing everyone to read “working backwards”, asking would Jeff Bezos sign off on this(?), copy pasting entire career level matrix from Amazon and replacing the existing ones with it. It’s very easy to get a job here in tech if you can just prove that you have worked for Amazon in the past irrespective of your interview performance. At the same time there is a big focus on cost cutting. They are no longer hiring software developers in Germany but only in low cost of living countries, they claim its for “quality reasons”. Why is quality search only limited to countries that pay lower salaries, why not Scandinavia? As many other reviews have mentioned the salary transparency is non-existent basically to cover the huge pay gap between their retention and hiring budget. They claim to not have transparency as its a EU policy while EU commission themselves just recently approved pay transparency act lol. Benefits are laughable and what is promised during the interview process is never delivered I.e, individual learning budget, full bonus payouts, transparent salary bands etc
