Once one of the best, now a cesspit of exec - Anonymous employee Flux Federation Employee Review

What once was one of the best places to work in Wellington, with fun functional teams in a pretty agile environment, is now a micro managing corporate pit of depression where the only important people are the exec and how great they are. Signs were pointing to imminent disaster as soon as the fun, popular and most importantly, human CEO and founder resigned. He was replaced by a "career ceo", someone who's only priority is seemingly having as many roles of "boss" on her CV. Red flags were out of stock as soon as the board she was on was dissolved and suddenly she was the new CEO. A month later, we still didn't really know who she was. She was hardly around and when seen, always seemed to be in secret meetings. This was stark contrast to the previous CEO who we all knew and was approachable and available. All became clear when in one email, the soul of the company was destroyed. A restructure. Proposing the disestablishment of many roles that made the company one of modern leadership and agility. I don't think the exec know what those words even are. They live in the world of standing on others to get ahead. Waving a carrot and beating with a stick. Looking good. Hiring their friends with the same mindset. Transparency? What's that? The Flux we knew and loved is dead. I've lost count of how many people have left in a year. I know within 4 months it was over 40 people. Leaving parties stopped, there were so many. People were miserable and the exec did nothing to fix it, nothing to listen. Welcome, corporate overlords. I'm out. And so is everyone else. I hear they're all at Xero. Congratulations Nic, on destroying a company. Hope it looks good on your CV.