Thread regarding Digital River Inc. layoffs

Another round of Layoffs

Another round of Layoffs - many great people are being laid off and have gone already. Company allowing Sales people to attend expensive events, but actually not drive any new clients, cutting clients, Senior Management team with no clue, CEO doesn't understand business....goodbye DR. If you're still there, seriously look for another job,

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| 1831 views | | 8 replies (last October 18, 2024) | Reply
Post ID: @OP+1ukir8wQ

8 replies (most recent on top)

They stopped to pay anything to companies that use DR service for payments processing. Money are stolen. It's a scam.

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Post ID: @Jxbi+1ukir8wQ

I'm a client of digital River. I have not been paid from July sales yet. Date is October 7th. I've seen alot of report of this on Linkedin, TrustPilot, etc.

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Post ID: @yidy+1ukir8wQ

Next round will hit you soon. NO SEVERANCE AT ALL. Leaders lying daily about the health of the company. Bills are not being paid. This isn’t a sinking ship, it’s a ship that left everyone at the dock while they take the money and run.

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Post ID: @uwro+1ukir8wQ

No money to pay their partners. Stripping and selling without paying debt. The balance sheet is constantly smudged. No ethical leader left.

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Post ID: @tesm+1ukir8wQ

We sell through DigitalRiver and for the first time in two decades we wait for for royalty payment (200.000+ USD) for July/August.

Is the company bankrupt?

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Post ID: @syjg+1ukir8wQ

Head of People disliking the truth on here. Out of touch

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Post ID: @flcx+1ukir8wQ

"I don't care. Tell them to enjoy their time off." Should not be said about people being laid off from a horrible leader.

Resume, CV, Network. I am sorry so many have been let go.

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Post ID: @dcdr+1ukir8wQ

More coming soon. Retention bonuses can only mask the issue so much before you realize you’ve been lied to.

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Post ID: @9ynx+1ukir8wQ

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