3 years, 3 layoffs - Senior Software Engineer GTxcel Employee Review

Company has no idea how to spend money. There have been 3 layoffs in the 3 years that I was there, the first only 3 months after joining. CEO is clueless and has placed faith in projects that were useless (like a partnership with Xerox that has cost a lot, but made nothing). No one seems to care about the bottom line on things like server costs. All projects require lengthy turn around times and are expensive, yet they continue to take on projects that lose them money.