For the ‘Best of the Best’ hired from top programs, this is no longer a company to plan a career with. If you are stuck with 20/30+ years under your belt, then maybe I can see why to try your luck to survive a few more years. But, for the top talent younger folks 5/10/15 yrs, it would be insanity to stay here for a miserable job year-after-year.
Here are my reasons, what are yours?
1-This company has no growth ahead and maybe not even a long-term future. Except foe those who keep running politics for their servival or promotions. For employees, this means sword of layoffs over your heads year after year, miserable work environment with individual contributors taking the load of 2/3/4 lay-off positions while layers of management are not impacted, or at least stagnated salaries and no growth as compared to already stingy history of last few years.
2- Miserable Forced Ranking. Unless you are in the top-10% consistently in book licking AB's, V's and D's, the forced ranking process works with all its might to sideline you sooner or later. This can be 5, 10 or 15 years from now but is inevitable. The magic happens as the ones ranked down gradually from year to year are left to work the less desirable jobs available, which further drives down their rankings, until you are working the most miserable jobs available in the last 10/20 years of your career. People around you know that and treat you like a 3rd class citizen, day-in and day-out. You may still be doing a perfectly fine job for your role, but in the “Relative Ranking” world of metricstream you are considered and treated worthless for your level of experience. Can you imagine waking-up with this miserable feeling every day for the last 10/20 Yrs of your career?
Unfortunately, lay offs and aggressive performance separations in the 2017,2020 year mean that this is even going to be worse going forward!.
3- It is an understatement that the culture is toxic. Managers are trained to believe that pitting employees against each other is “healthy competition” and in their minds is the definition of driving performance. Ranking / Assessment system drives everything important for you including roles offered, salary, RSUs etc. But most importantly it drives how people behave, talk and treat you....every day!
Your colleagues are driven to be selfish with daily mindset to get ahead in the rat race.
Everyone is focused on getting material for their yearly assessment, which for Managers means steal / take credit of their workforce's accomplishments to maintain their own ranking, and blame every issue on the reporting employees to maintain their ranking.
4-Incompetent Leadership. AB's, V's and D's leadership is driving this company into the ground. Competency of this leadership is evident by:
You have to be a buffoon to handle layoffs and employee separations in a way like AB's, V's and D's, which has alienated even the top performers in younger age groups. The employee loyalty built over decades by previous leaders, has been destroyed mindlessly in 1-short year.
Layers upon layers of managers still exist. Can our executive leaders not spend a day really reviewing all org charts and really making things efficient? No…..just layoff the individual contributors and dump all work on the few left. Then bombard them also with requirements for them to find efficiencies, spin wheels benchmarking, coordinating with offshore organizations with poor quality of work, etc. etc. etc.
Most unfortunate part is the younger generation still trust the company. One request at the end, please please stop posting fake reviews with 5 star in glassdoor, there is no way anyone in the company who worked 1+ years here can give positive review.