No promotions - Recensione dipendente - Software Engineer presso CANDESCENT

Trying very hard to recapture the magic quadrant days of NCR Digital Banking, but swimming uphill at current time.

Private Equity squeeze noticeable, and new ownership seems to still be getting grasp on Financial Services Industry.

There's absolutely nothing positive about working at Candescent.

After being acquired by a private equity firm, the company has become extremely cost-conscious, often to the detriment of day-to-day operations. Employees face increasing challenges, and morale has noticeably declined. High attrition is unsurprising under these conditions. Upper management appears disconnected from the realities of the work, implementing changes to improve short-term financial results without fully considering their long-term impact, which risks harming the company’s overall performance and reputation.