Company is meandering, hopefully ends up in a good place - Anonymous employee Degreed Employee Review

After recent layoffs and given where the company is financially, we should be acting like a startup, but we are not. The structure should be flatter instead of more hierarchical. Some upper-management folks don't seem to be adding any value to the company. A very heavy focus on wokeism (a.k.a. "diversity, equity, inclusion & belonging"), but other than being a wasteful expense, it hasn't led to any obvious issues for those who don't subscribe to that ideology. Some employees have been spoiled by previous management to the extent that they feel they can dictate what leadership should do and what they will work on. New CEO made some bad people moves in response to departures in engineering which lead to even more talented people leaving. Engineering leadership has some great people but a couple of micromanagers who don't seem to have a clue what is going on but keep poking their noses and adding more "busy" work for teams. Several major initiatives seem to be stuck in neutral. Perhaps my biggest worry is that the company hasn't quite figured out how to make a product that will sell sustainably. Many talented people have left in the last few months because of a general lack of confidence in the company.