Is Private Equity Firm Sucking Out The Soul Of Anaplan? - Anonymous Anaplan Employee Review

2.0
6 Mar 2023
Recommend
CEO approval
Business outlook

Pros

Anaplan used to be a wonderful place to work for: A fantastic solution and great people supporting each other and believing in Anaplan's future success! We had a very enthusiastic and engaged leadership, leading by example and caring about their employees.

Cons

Since Anaplan has been acquired by private equity firm Thoma Bravo in 2022 the good old days are gone and moral is at all times low. The culture seems to be dead. TB is claiming that they want Anaplan to become a category leader, however all they are doing is cutting costs without any communication to employees on what strategy they are following. The new leadership are travelling the world to get to know people and are claiming that they understand Anaplan's culture and that people are key to the companies success. However they have shown to be technocrats that are only executing what they are being told by TB. The new CPO is distant and cold, has no people skills, and seems to be surprisingly naive when explaining during a company all hands meeting that she joined Anaplan through the backdoor with no interview process as she is good friends with the CEO.

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Anaplan Response
3y
I appreciate your candid feedback and passion for Anaplan’s culture. I agree that a strong culture is integral to our success. You said it best — great people supporting each other and believing in Anaplan’s future success make this company a great place to work. For that reason, building a winning culture is one of our six strategic priorities. We recently shared with employees a detailed strategy for how we will work together to achieve each strategic priority, along with specific SMART goals. I think it’s important to clarify that Thoma Bravo does not create the company’s strategy. The Executive Committee created our plan and roadmap for Anaplan with our customers and our people at the center. Each strategic priority was informed by feedback from employees, customers and partners. Based on this feedback, we introduced new initiatives to enhance collaboration, innovation and accountability. We have launched several change management and pilot initiatives recently. I know change can be difficult, but I encourage you and all Anaplan employees to remain open because we are in the midst of a transformation that will elevate Anaplan to become a category leader. Please know that I am interested in hearing more of your feedback and am committed to creating a positive employee experience. Please reach out to your manager, EC Member or directly to me if you’d like to continue this conversation. - Carey Pellock, Chief People Officer

Explore other reviews about Anaplan

5.0
8 May 2026
Recommend
CEO approval
Business outlook

Pros

- Collaborative & Inclusive culture - Commitment to well-being - Professional growth & learning - Market leading innovation - Work flexibility

Cons

Anaplan is the place to be!

2.0
7 May 2026
Recommend
CEO approval
Business outlook

Pros

One thing I genuinely appreciated was that the C-suite seemed invested in keeping everyone in the loop. The monthly town halls felt like more than just a formality and gave you a real sense of where the company was headed. When you had a good stretch, people noticed. The company feels like it has real momentum and on a macro level.

Cons

Leadership was inconsistent in my experience and seemed to depend heavily on which manager you ended up with. It often felt like luck of the draw. I personally found the planning process to be more reactive than strategic, with urgency only kicking in once results were already suffering rather than getting ahead of it. The workplace culture also had a gossip element that I found draining over time. My biggest frustration was around performance recognition. I observed situations where reported numbers didn't seem to reflect reality, yet the consequences appeared minimal at best. I would have liked to see more transparency and accountability around how top performers were identified and rewarded, because in my experience the current approach didn't always feel equitable to those who were playing by the rules.

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Anaplan Response
4w
We appreciate you sharing such a detailed reflection of your time with us. It is encouraging to hear that our commitment to transparency through monthly town halls and our company's momentum resonated with you. Fostering a trusting, equitable workplace where everyone is fairly recognized and rewarded is central to our culture. We wish you the very best in your future endeavors.
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