Platinum Equity is killing the company - Product Designer Cision Employee Review

1.0
29 Mar 2024
Recommend
CEO approval
Business outlook

Pros

Great coworkers, global scale, work has an impact

Cons

Frequent layoffs, sneaky C-suite leadership, every employee is just a dollar sign to their bottom line. They will let whole teams go to make their bottom line and then ask everyone left to pick up the slack in addition to their regular work. Their number one goal is to appear profitable, but they have created skeleton teams that won't be able to operationally maintain the company. Certainly, no innovation is possible with skeleton teams and old tech. They are all too happy to let their original American employees feel pressure to leave so cheaper counterparts in Europe can replace them.

Explore other reviews about Cision

5.0
21 Jan 2026
Recommend
CEO approval
Business outlook

Pros

Allows for a professional development, flexible PTO and work life balance

Cons

Leadership changes and challenging sales environment

2.0
3 June 2026
Recommend
CEO approval
Business outlook

Pros

Decent work life balance, some good teammates who care about each other and the company makes payroll on time (for most people)

Cons

The executives can’t stand each other and can’t make decisions, so the rest of us were left running in circles. Revenue has declined every year and it keeps getting worse. We had at least 4 layoffs a year and they never communicate them — one day your coworkers just don’t show up. Everyone is constantly looking over their shoulder. The best people have already left because they see the writing on the wall. The products aren’t good and aren’t getting better. They keep talking about Nexus but no one knows what it means or who even wants it. Numbers change depending on who’s presenting them and why. There’s no consistent story on targets internally, which makes it impossible to plan or prioritize anything. PE ownership and puppets in the C Suite meant that every decision gets filtered through “what does this look like for the exit” rather than what’s actually good for the business or the people in it. Compensation hasn’t kept up, especially after layoffs when your workload doubles and nothing changes in your paycheck. No real investment in development either. Bottom line: you’re a headcount, not a person. And they manage by spreadsheet not logic.

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