Upper management appears to be going all-in on becoming IPO (which can be read about on their Reddit regarding their $15 billion valuation), so much so that they have effectively cut pay for everyone in the organization by implementing an overly complicated pay structure that ties it to company performance. There are some who have not received a pay raise in 2+ years, despite the fact that the price of goods and services are increasing at a rapid rate. This was brought up to management, and they effectively brushed us off by stating, "that these concerns are not the company's responsibility, and that it is on you as employees to deal with on your own."
Veeams upper management currently does not care about the well-being of their employees, and seem keen on making them suffer in order to pump up the company for IPO.