I read the review "Avoid like the Corona Virus" and it resonated so much with me (it's very accurate) that I decided to add my own thoughts.
Cons, currently, selfish decisions and putting faith in the wrong people.
As mentioned by my other colleague the new CEO came up with a new plan based on people taking on more responsibilities for the same titles and money, thus managing to deem some positions redundant and justify 500 people being let go as a reward for doing their job and trusting him.
Many of us expected this for months and while I came out of this surprisingly unaffected (except for having more responsibilities now for the aforementioned same money and recognition) I lost many colleagues, many whom I would call friends, that didn't deserve to pay the price of bad decisions and overpaid executives to save some money and try to sell it as growth.
Faith has been put on "yes" people that don't dare speak up about how some portions of the "new" vision were tried before and failed.
We were supposed to cut the fat and keep the muscle, but all we kept around were these mentioned "yes" people. The ones who don't really care about anything except their check, are disliked and themselves simply choose other yes people as their managers creating a chain of command nightmare.
Right now anybody who has any new ideas, any independent thinking or any differing views is deemed as a troublemaker and won't go anywhere. This is a leadership where creative thinking goes to die. And rightfully so, this leadership favors people who lack a backbone, any opinions and obviously are not a threat to their jobs
The wrong people were left behind at every possible level and right now morale is so low its a miracle to find anybody doing their job.
As some of the other reviews have mentioned, every new hire seems to be a director of something. One recent position is "Director of Communications", this is not a joke, the job is literally sending corporate e-mails.
Not to mention a lot of the new hires seem to be from Oregon, coincidentally where the new CEO operated previously. He just decided to bring his friends on-board