2.0
Oct 15, 2021
Current employee, more than 3 years
Pune
Recommend
CEO approval
Business Outlook
Pros
CEO is stepping down .
Cons
-Too much change, without direction. Constant reorgs - Acquisitions are integrated too quickly which creates chaos. -Old CEO used to talk about empathy, humanity, trust and love but did not give two flying f***s before having round after round of layoffs. -No acquisitions outside the mainframe space. -Overdependent on IBM, >50% of the revenue comes from IBM products - though the partnership is long, the probability of it ending tomorrow isn't 0. -Confused HR function - they don't know what they're doing. -Engineering teams are terribly understaffed. -ASG acquisition is a disaster, trying to maintain products with minimum manpower. -Not sure how far the iceberg is, but there will be a collapse - soon!