I've never witnessed such poor leadership in my career.
We're in dire straits. The CEO is conspicuously absent while our ship is sinking. Competitors are outpacing us, targeting our customer base, and undercutting us on pricing on every new deal. We're forced to follow suit, constantly dropping our prices to compete. Our solutions lag behind competition, our support is subpar, payroll is riddled with errors from day 1. Morale among Remote employees is abysmal, with many staying only because of fear of layoffs elsewhere or fear of not finding a job. Top leadership is toxic, evidenced by the rapid departure of key executives in sales (CRO, VP Sales AMER and VP Growth in less than 3 weeks)
The co-founder, now overseeing sales as an interim despite his lack of experience, is driving morale even lower with ill-conceived changes and a disdain for the sales team. He admitted on a global call his fear of ruining sales; dude you are actually doing it. We're desperately hoping for a seasoned CRO to be brought in to save us from this downward spiral and egomaniac leader who uses his power position to oppress others by being condescending and creating a toxic environment. Barbara and Ravi, if you're reading this, do something about it and stop nodding
Sales quotas are arbitrarily changed every quarter, always with massive increases, placing immense pressure on reps without recognition or fair compensation. There is no logic behind the setting of targets which raises questions about transparency. And because targets are unrealistic reps struggle to come close to quota. They then get poor performance reviews and no increase of salary. Some of us never got an increase since joining the company in 2021. This nearly amounts to systemic bullying.