About a month into my tenure, accounting irregularities were identified by the leadership team, and layoffs were announced. These accounting irregularities were not verified by an independent, third-party accounting firm. The decision to make these layoffs came when the business impacted was supposed to be showing steady growth YOY, but were told that they were severely in the red. This company is run by a Founder and Leadership team who is incompetent at best, and heartless at worst. Vicasso leadership showed no empathy or basic human decency for their impacted employees during the transition. Layoffs happen, and while they’re terrible, there’s a human element for how to handle them. None of that was observed by Vicasso. At an all-staff meeting to communicate the announcement, this was the second topic, with the first being a discussion of how a recent trade show went and some of the outcomes from it. Employees subject to the layoff were forced to sit through a PowerPoint deck of photos about how the company did at the trade show and messaging they shared at the conference. After the announcement was made to all-staff, the call abruptly ended and all impacted employees were instructed to join a different line. No severance is being offered to anyone impacted by the layoff. Post layoff announcement messaging included lack of communication to customers for almost two weeks, and no information for employees such as how to return equipment, etc. No severance was given to impacted employees, and it is still up in the air as to whether earned bonuses will be paid out. Customers were left in the lurch, with no explanation other then "I'm sorry..." for how we could help them moving forward. If you are considering a career opportunity here, please consider the leadership team’s hubris and way they treat their employees. I can only hope that this review gives you pause for considering a career with a company that has no cause for concern over how they impact employee’s lives, their families, and their careers.
