1.0
Jan 30, 2020
Former employee, more than 10 years
Chicago, IL
Recommend
CEO approval
Business outlook
Pros
Used to be a good place to work but leadership at executive levels have led to bad decisions in personnel, product directions, and strategy.
Cons
Company results have been flat to negative for a number of years. Company willingly tried to position itself to be acquired. Financing deal last year will most likely severly impact the future of the company. They gave up almost 7% of the company stock in order to receive a 50+ million euro loan for 5 years at 8.75% interest. Money is cheap these days, it is a major tell when the best deal a company can get is these terms.