Thread regarding Qlik Technologies Inc. layoffs

This is the main issue

Managment does what Thoma Bravo directs to save themselves and get compensation serving on other portfolio boards.

This is the main issue. The management is only looking out for themselves at the cost of not just employees and customers but also the company itself. This is not a sustainable strategy but they don't care. They'll be well compensated no matter what happens in the end.

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| 661 views | | 5 replies (last September 13, 2024) | Reply
Post ID: @OP+1tOmhAWz

5 replies (most recent on top)

Management was hired by Thoma Bravo to do what they direct. That’s how a company works, what’s your point ?

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Post ID: @Ghgm+1tOmhAWz

Let's pat ourselves on the back though! werkhard anavargiveup /s

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Post ID: @7jjd+1tOmhAWz

@4jrx+1tOmhAWz Breaking the company apart to fire sale is the only exit. Sad state.

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Post ID: @4kuh+1tOmhAWz

Qlik is in its EOL phase.. Exit strategies are in order..

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Post ID: @4jrx+1tOmhAWz

Lack of innovation is the main issue. Look at Gartner’s MQ over the last five years and the direction of Qlik - it’s moving in the wrong direction. From #3 to #6 and will more than likely be out of the top 10 next year. AI success can’t be built on top of a dying product line.

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Post ID: @4ezx+1tOmhAWz

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