Getting worse, not better - Engineering Management Magnet Forensics Employee Review

2.0
24 Apr 2024
Recommend
CEO approval
Business outlook

Pros

Products are making an impact Interesting and challenging problems Good team members make the job better

Cons

Every Single Team is short on staff, making record profits, but can't get budget approval because Thoma Bravo promised investors 4x return in 4 years. Layoffs and budget reductions everywhere. No one actually knows how everything has been built over time, so we're reinventing all the wheels, but only getting a small time-frame to do it. We're scrambling at break-neck paces and putting out worse results. Any protest is met with mandated 'request' to "keep feedback focused on positive solutions". A little salty about the sale and turn private where Adam and Jad made over 200 million dollars and still rolled 60% into the new company, framed it like a sacrifice, and didn't give the 300 people who got them there ANYTHING. We even skipped holiday events so that we saved budget. The C level cash-out value was roughly 1 million dollars per employee and we're on our 2nd year of wage increase freeze.

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Magnet Forensics Response
2y
Thank you for taking the time to share your feedback. We take all reviews seriously and we understand the importance of fostering a positive work environment where everyone feels respected and appreciated. We are committed to listening to employees, addressing their concerns, and working towards solutions as we navigate this transition. Building a positive company culture is an ongoing journey, and your feedback on the pressures and challenges you have experienced helps us to identify areas where we can improve. If you feel comfortable, we encourage you to contact your HR Business Partner to share any additional feedback, however, we respect your anonymity if you choose not to reach out.

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Cons

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