Company gone bad to worst with new Group Chairman/CEO! Dont join! - Recensione dipendente - Dipendente anonimo presso Videndum plc

2,0
20 ago 2025
Dipendente anonimo
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Good brands, (had) capable people and (was) a nice environment to work in.

Svantaggi

The appointment of the new senior management team at group level presents a critical challenge to the company's future. The new leadership's apparent lack of essential industry knowledge and experience raises significant concerns, especially since these appointments seem to be based on personal relationships rather than qualifications. This cronyism is a serious breach of corporate governance. The group executive leaders have initiated drastic changes, including laying off capable employees and reducing office space, all while expecting a sales turnaround. This strategy is highly risky, as it appears to be executed without a clear understanding of the company's core business model. Such decisions signal a deep misalignment between leadership's actions and the company's operational needs. This situation has had a clear impact on both internal and external stakeholders. It erodes employee morale and company culture, as talented individuals are dismissed. Externally, the market's response has been clear: the company's share price is declining, reflecting a loss of investor confidence in the new leadership's ability to drive sustainable growth.

Esplora altre recensioni su Videndum plc

5,0
30 giu 2023
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

This is a great company to work for. They care about their employees. They believe in a work/life balance.

Svantaggi

There’s not much room for growth.

avatar
Risposta di Videndum plc
3y
Thanks for positive feedback, great to hear.
1,0
13 dic 2025
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Nice people that work there for the most part

Svantaggi

This place is a joke- sinking ship that has no idea how to right it. Company losing market share and 4% revenue yoy since 2021. Leadership leaving at all levels, pay is honestly at or below poverty level at this point and micromanagement is off the rails because targets are not being met. On the verge of another huge layoff stateside.

Vedi recensioni per: Utile|Valutazione|Data|Tutto