Sinking ship - Company lost it's way and only focus is PE selloff - Recensione dipendente - Director presso QAD

1,0
11 set 2024
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

The old QAD (pre-2022 and sale to Thoma Bravo) was amazing and built on foundations of employee care and development and everyone worked to ensure customers succeeded. (but that all changed)

Svantaggi

It's a sinking ship. Don't let the marketing hype fool you. The leadership has had near total turnover in the last 2.5 years. If the company hits the PE owners' EBITDA target (though unlikely anytime soon) - you'll see another exodus as many of the execs and senior leaders cash in as they've been incentivized with 'shares' based on hitting aggressive profitability targets to the point the PE owners get their ROI and sell the company off. Massive numbers of highly talented people have been laid off to cut costs (especially in the US), Operations were closed in multiple countries. Layoffs continue like clockwork each quarter-end. QAD used to be very good at many things but has become an expert at letting people go. In reality this is exactly the path communicated when QAD sold off to private equity. It's sad and no longer the company so many employees and customers knew.

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Risposta di QAD
1y
Thank you for your incredible 20 years of service with QAD. I’m truly sorry to hear that your experience towards the end wasn’t as positive as we would have hoped. Since merging with Thoma Bravo, a leading private equity firm in technology, we’ve faced some challenges, including restructuring and reductions in certain areas. However, this partnership has also opened doors to exciting new investments in product development, acquisitions, and overall growth for QAD. Your dedication has been a crucial part of our journey, and we’re excited about the future and the opportunities it will bring. We wish you much success in your future endeavors.

Esplora altre recensioni su QAD

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

Vantaggi

Amazing welcoming and supportive culture, very respectful of work-life balance. Great place to learn and grow.

Svantaggi

Very fast paced, you own your performance. Not recommended for someone who wants to "take it easy" or "coast"

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Risposta di QAD
1mo
Thank you for your incredible 5-star review and for your dedication to QAD over the last several years! It is wonderful to hear from an Operational Excellence Coach who truly embodies the high-performance mindset we value. We are thrilled that you’ve found a supportive environment here that balances professional growth with a respect for personal time. Your perspective on "owning your performance" is spot on, and we appreciate you helping us set the bar for excellence in Brownsville. We look forward to many more successful years together!
1,0
23 mar 2026
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

It was a genuinely great company to work for prior to 2025. Excellent experience working here during the transition stage from On-Premise to Cloud under the previous leadership (Anton). The core QAD ERP is a complex, valuable software that was making solid progress toward a SaaS model before the recent shifts.

Svantaggi

Drastic Culture Shift: The workplace became instantly toxic when the new CEO (Sanjay) took over. His first all-hands call explicitly stated the company was doing poorly, setting a deeply demotivating tone. Subsequent calls have been filled with mean-spirited treatment toward employees. Mass Layoffs & Outsourcing: The company let go of highly experienced resources—the backbone of QAD—in the AMER and EMEA regions. They completely outsourced critical Cloud Operations (which maintains the core infrastructure) to a vendor in India that has zero knowledge of QAD. Severe Micromanagement: Because the new outsourced team lacks domain knowledge, there is intense micromanagement, and leaders are now expected to be available 24/7 to compensate. Misguided Strategy: The new leadership immediately scrapped ongoing developments to focus entirely on customer support. There is no job security left in the AMER and EMEA regions. Misleading PR: Don't believe the social media hype or paid articles. The heavily boasted AI integration is actually a tool developed by Redzone, and despite a "great launch" in November 2025, nothing has actually gone live yet.

11
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Risposta di QAD
2mo
Thank you for your ten-plus years of service and for your significant contributions to our Cloud transition. It is disheartening to hear that your experience changed so drastically, as we take your concerns regarding culture and leadership very seriously. We are currently navigating a period of significant evolution, and while these transitions are difficult, we value the expertise that built this company. We appreciate your candid feedback and wish you nothing but the best in your future professional endeavors.
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