GRC is all about how to manage your company compliance and how to handle risk. MetricStream sell GRC products to the top companies in the world. Unfortunately customers buying products from the company which doesn’t know how to manage own risk in company business.
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Wondering how this incompetent leadership team is still in tact ? It’s time for them to be fired. Including the new ceo and the new cto.
Yes they lost Wells Fargo. It’s not just Wells Fargo, they lost Bank of America, Kaiser, Facebook, Apple, procter and gamble, GE..etc in last two years because of incapable management and leadership teams. These guys always sign off customer solutions by manipulating bug count how they do for product GA. You can fool your employees by showing bad quality products as great achievements but same if you try with customer you loose your credibility and project and that’s what exactly happened with some good enterprise customers.
Didn’t Wells Fargo quit using this company’s product. They had so many bugs and issues.
Agree. Recently the MetricStream CTO wrote article in LinkedIn about how companies are successful using GRC like wells forgo. This is like a doctor who is suffering with heart issues saying that we are specialists in treating heart issues. First solve your company crisis then you can thinkover solving world problems.
This layoff better be the leadership team if they want to see progress and some transformation of the company that is in disaster.
I’m aware about US, I don’t have news about india.
US only or India too ? Any idea on Timing?
Not sure about company sale. But for sure layoffs are planned.
Rumors that there is going to be sale of the company. Also mass layoffs to happen in US during this quarter. Anyone can confirm this.