Ruthless management - Recensione dipendente - Dipendente anonimo presso Parsable

In April 2020 Parsable laid off 40 people although management had told in all-hands just shortly before that there was enough money for the rest of the year. Also that we were planning a new investment series and that investors were very eager to give us money. Not long before the layoffs a new CTO was hired who brought some engineers into Parsable with him. During layoffs many longtime employees were fired but not one of teh CTO's new people. Four months later Parsable announced a $60M investment round. Lots new jobs were opened with many for refilling the same positions that were fired in April. Now they have laid off 50 more last December just before Christmas and the team page on their website shows also four!! toplevel executives gone, including that CTO. This is not "normal ups and downs associated with startup life" or "usual growing pains". It is a startup trying to keep alive. Don't waste your talent here but look for a job elesewhere where leadership know what they are doing and treat the staff more morally.