Platinum Equity is killing the company - Recensione dipendente - Product Designer presso Cision

1,0
29 mar 2024
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Great coworkers, global scale, work has an impact

Svantaggi

Frequent layoffs, sneaky C-suite leadership, every employee is just a dollar sign to their bottom line. They will let whole teams go to make their bottom line and then ask everyone left to pick up the slack in addition to their regular work. Their number one goal is to appear profitable, but they have created skeleton teams that won't be able to operationally maintain the company. Certainly, no innovation is possible with skeleton teams and old tech. They are all too happy to let their original American employees feel pressure to leave so cheaper counterparts in Europe can replace them.

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5,0
11 set 2025
Collaboratore esterno anonimo
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

It is a good place to work.

Svantaggi

I don't have any cons.

2,0
3 giu 2026
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Decent work life balance, some good teammates who care about each other and the company makes payroll on time (for most people)

Svantaggi

The executives can’t stand each other and can’t make decisions, so the rest of us were left running in circles. Revenue has declined every year and it keeps getting worse. We had at least 4 layoffs a year and they never communicate them — one day your coworkers just don’t show up. Everyone is constantly looking over their shoulder. The best people have already left because they see the writing on the wall. The products aren’t good and aren’t getting better. They keep talking about Nexus but no one knows what it means or who even wants it. Numbers change depending on who’s presenting them and why. There’s no consistent story on targets internally, which makes it impossible to plan or prioritize anything. PE ownership and puppets in the C Suite meant that every decision gets filtered through “what does this look like for the exit” rather than what’s actually good for the business or the people in it. Compensation hasn’t kept up, especially after layoffs when your workload doubles and nothing changes in your paycheck. No real investment in development either. Bottom line: you’re a headcount, not a person. And they manage by spreadsheet not logic.

2
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