Private Equity is causing a brain drain - Recensione dipendente - Systems Engineer presso Nielsen

2,0
27 apr 2024
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

It's pretty grim outlook currently

Svantaggi

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"

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5,0
14 apr 2026
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Was a great job with great benefits

Svantaggi

No cons at all honestly

1,0
16 apr 2026
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Absolutley nothing. Which is a tragedy, because Nielsen was once an absolutely great place to work. I wanted to retire here. The culture used to be great, and I really loved being a part of this place. I loved my team, my management, and the people. Then along came the current CEO who is the classic example of a person who knows the cost of everything, but the value of nothing. He took over and ran the company full speed ahead in to the iceberg. And to try and save the sinking ship, he laid off literally thousands of highly experienced, highly trained, and highly engaged people to replace them with fresh overseas hires who know nothing about the company and expect them to be trained from the ground up to replace literally centuries of collective expererience and client relations. It's a disaster. This CEO shouldn't be trusted to run a lemonade stand.

Svantaggi

Everything. Pay, job security, culture, management. Nothing is good here anymore. Don't take a job here unless you are truly desperate. And even then, it should only be as a stop-gap until you can find something else.

5
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