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NewNet Communication Technologies

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Everyone is trying to find a way out - Recensione dipendente - Engineer presso NewNet Communication Technologies

1,0
30 gen 2013
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Benefit package was OK -- due to merger/acquisition agreement came along with the acquired businesses. Relatively flexible work hours.

Svantaggi

No one feels there is a future in the company. Benefit on the way of sharp decline with the acquisition legal liability term coming to an end. Cut 70-80% of the acquired workforce in less than 1 year.

Esplora altre recensioni su NewNet Communication Technologies

5,0
1 feb 2021
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Excellent support from Private Equity

Svantaggi

Companies are usually in harvest mode. Significant challenge

1,0
1 mag 2013
Dipendente anonimo
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Some good people. What's left of the engineering crew is good to work with.

Svantaggi

Everyone is out to get everyone else. The lying that goes on at the upper level is unlike anything that I've ever seen. Backstabbing, lying, and turf wars drive all management decisions. There is no product focus. No central sales strategy. If you are a technology company or division being acquired you can kiss product development good bye. The overall strategy is to acquire older products and service the contracts while reducing costs. They will tell you otherwise but all they want is the contracts. If they don't fire you they will make your life miserable to the point that you leave. When they acquire you they will promise you the world. "We care about the people", "We believe in the products", "We're going to get your product to market". All lies. The workforce is reduced to the point of stagnation. For a development company this is like cutting off oxygen.

4
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