Rapidly Diminishing Returns - The Future is Corporate and Unimaginative - Product Manager Indeed Employee Review

I joined Indeed when it was a company with a strong vision and delightfully strong company culture. It was the first time I felt genuinely valued for my contributions and my work reflected it. There were high expectations of delivery, but I was compensated for it and given lots of growth opportunities. I was confident I had found a company I could grow in my career for many years — a tech rarity outside of startups. However, over the course of the past 12 months, this has changed at a rapid pace. Indeed has been on a steady path of benefit reduction in every possible area with little to no change management and the company is now sitting at a below average tech company, with nothing unique about it beyond its less than bright outlook and just how bad it is at change management. Once the tech market rebounds, Indeed will likely see a mass exodus, as the company has lost the trust of many of its most valuable employees. There is no longer a culture of improvement, but one of desperation. The ship feels directionless to everyone in it. There is no investment in individuals and their career growth, nor any path for that to change. Benefits decrease month over month. There is no COLI. Layoffs and reorgs were done with very poor change management and have left deeper imbalances in the staffing of teams and the work set out for them. There is no accountability at the leadership level and the disconnect between leadership and the IC teams is more and more obvious in every townhall. There has been a complete culture breakdown and the senior leadership team is unfortunately seemingly incapable of (or perhaps simply unwilling to) fixing it.