2.0
27 Apr 2024
Former employee, more than 5 years
Recommend
CEO approval
Business outlook
Pros
It's pretty grim outlook currently
Cons
Since the company went private they've been slashing jobs for the sake of profit dividends to the equity firms. One could argue last year, a majority of the layoffs made a certain sense. They seem targeted to streamline and clean up bloat in the organization. There were two major layoffs in 2023. In 2024 there is dozens being let go weekly. These are affecting all major verticals and seems targeted to increase "profits" at all costs, which in this case, by removing staff, freezing salary increases and slashing all bonuses. The CEO was in a recent global meeting openly saying " If you want a raise, get a promotion"