Thread regarding Mercury Computer Systems Inc. layoffs

CEO is a liar

CEO joined June 30th on interim basis and within 30 days decided to cut 10% of force AFTER originally saying no layoffs were happening in their first town hall.

Board decided to make CEO permanent after only a 30 day search. Whole leadership team are running this company into the ground.

Mercury culture is gone, no bonus, no raises, no job security, no reason to stay with company

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| 5541 views | | 6 replies (last December 5, 2023) | Reply
Post ID: @OP+1o9AJDYG

6 replies (most recent on top)

The company is still doing poorly! Another top EVP quit...I've been with the company 3 years and 8 ELT members have come and gone. Another missed quarter in Q1 and rumors are the company will miss on Q2...that's at least 3 straight Quarters of negative performance. Activist investor JANA just bought another 10% in stock....I smell a sale of the company soon.

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Post ID: @1Mzqc+1o9AJDYG

What an absolute joke is right. The whole culture changed.. lying making empty promising and cutting good people in totally disrespectful way I honestly hope Mercury crashes and burns now

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Post ID: @jtus+1o9AJDYG

“Folks let’s not get-“ shut your bi--h a-s up

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Post ID: @5iqc+1o9AJDYG

Whoever replied with the “folks let’s not get heated” - you realize your customers send letters saying they’re disappointed in mercurys ability to retain talent and deliver on time? He-l I’ve been on projects where customers ask weekly “where is ___ it should’ve been done months ago”

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Post ID: @1vfm+1o9AJDYG

This company used to be great, now it's a total joke. The only "company vision" that exists is to overwork the employees and sc--w them every way possible.

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Post ID: @1avy+1o9AJDYG

Folks, let's not get heated about this, our company vision remains unchanged. Let's continue to deliver top products to our customers.

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Post ID: @dir+1o9AJDYG

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