First the boss throws a hissy fit and starts handing out "verbal writeups" for things that were his fault. Then he imposes 7:30am demos every day to prove we were actually working and not... I guess slacking?
this post was submitted on 04 Jul 2023
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Bought out by a PE leveraged shitshow. Disaster was inevitable.
I was just listening to a podcast about private equity. Sounds ridiculous to be a part of something like that
PE firms are killing off all the tech companies still worth working for.
Been there, done that...
Although, the PE firm that owns the company I work for now has shelled out a lot of cash for major improvements to the technology. There are a few that are trying to make things better, but they are hard to find.
I was working for an Australian company, that was bought by a big (F500) American company. Actually they bought over 200 companies globally to become what they were.
After the dust settled, the American corp started talking all sorts of stupid American stuff that would never fly in Australia. For example ALL Aussies have the right to 4 weeks annual leave, and 2 weeks of sick leave per year. They wanted to change that to 3 weeks and NONE! (again would never have happened, legally, but damage was being done..)
Staff started to leave.
Next thing was then global conferences at stupid times of the night/morning with staff that were not typically the type to take meetings AT ALL. (Not upper or middle management, I mean workers and supervisors) This was around 2015, way before anything we are more familiar with today.
More left (work/personal life balance)
And finally was all the stupid buzzwords and never ending general shit that we just didn't care about. "Bi-weekly" (ambiguous globally and simply should not be used. It's either fortnightly or twice a week..) Not to mention the plethora of other buzzword shit like "holistically engaging in resource-maximising virtualisation" and bluesky or "data-only sales" (we made manufacturing equipment ffs!!)
Middle management started to walk, it was becoming a rolling stone covered in moss.
Then when there was a bit of a market shift and the economy went down (and therefore the American company took an EBITA hit, they laid off 20% of the staff). This led to further insecurity in the company and about 30% of the rest of the workers said fuck it and left. What do you expect when they are assembly/production or electricians etc who can get more stability from working out of a van and a mobile phone.
They managed kill themselves and even drop out of the F500 list!
Bi-weekly is not a buzz word but it is absolutely ambiguous. I love throwing out fortnightly meetings in my American office. I always get a smile. Also, who schedules meetings with blue-collar workers that are not at the start/end of a shift? That's just really bad leadership. I can understand a once-a-year thing but not on a regular cadence.
Worked in supermarket. New manager came in and decided to change everything, everybody hated it. So as a good 23 year old I decided to start harassing him by ordering free magazines, free stuff, furniture, kitchens etc etc online and get it delivered to his house.
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Someone incompetent was promoted to manager, they became drunk with power and a complete micromanaging piece of shit. Half the team quit within a couple of months.
(Hello to my current boss who may be here, no it wasn't at our job).
Worked for a F500 company in their data science department. Given the global footprint of the company and the nature of my work, all I did was sit in front of the computer (meetings, coding, etc). The pandemic struck and we went remote. Afterwards, they insisted on 100% return to office. Said I would quit if they did that. They pushed for it so I quit. So did most of the team. Apparently, interns were left picking up the pieces, and the dept has never fully recovered since
One of our engineering teams who normally builds our products in-house was made to bid against contractors who promised the moon.
Them and multiple other teams then had to spend a total of 18 months getting the contractor's shoddy work up to scratch. When they were done, the senior engineers from three teams left.