Layoffs done secretly - Product Marketing Manager Sage Employee Review

Recently, they've been laying folks off. They quietly laid off about 50 people at the end of February, even though the CEO said there is nothing to worry about in the beginning of February. They are probably going to lay off more in the future in other markets around the world. No press release, just internal announcement. They don't promote folks who work hard, or show effort or even who go above and beyond, instead it's all about who you know. Some business units are better than others, the boys club mentality still applies here even though they showcase a DEIB affinity group. There are a lot of politics involved when making decisions, and so in the end it's not about what's best for the company, or even what is going to sell in the marketplace-it's just about what makes folks happy. They hire SMEs for regional markets, but don't actually listen to their advice or experience. It's sad because they should be empowering their employees and they'd sell more. Some folks don't even consider how to sell these products in the marketplaces that they are sold! Overall numbers are going down, and the morale is dropping especially with the recent layoffs. I used to think this was a special place, but in the end I put in a lot of hours, worked really hard, did more work than was asked of me and instead of being promoted or rewarded, I was chastized for going beyond my silo and for breaking down barriers. Many folks stopped speaking up because they'd just get into trouble, especially if the product wasn't doing well.