"Shareholder Value" Is Killing a Great Company - Anonymous employee Loftware Employee Review

1.0
Sep 23, 2025
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Lots of great people still left/trapped by AKKR and the smiling faces it has placed in leadership positions across the company

Cons

Full focus on squeezing every last penny out of clients and employees, to the point where long-time relationships with high-value customers are being jeopardized because Loftware is insisting on driving all their on-prem clients to the (more expensive and restrictive) cloud because it pleases the shareholders. The focus of this company is no longer on providing a great product that wins because it is the best and its people believe in it. The focus of this company is on maximizing every last fraction of a cent. If that's the kind of environment you thrive in, go for it. Anyone who takes pride in working on interesting projects with diverse clients, offering great products with great people standing behind them should look elsewhere for employment.

Explore other reviews about Loftware

5.0
Jul 15, 2025
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

I have been working for Loftware for several years. In this time, I have been able to expand my skillset and experience immensely working with different teams and in different areas, built lifelong connections, and received several opportunities for growth. If you are passionate about the following, you may be a good fit for the team: - strong team relationships and cross-functional collaborations - working with diverse fields and customers - opportunities for growth with the company - openness to ideas and change - fast-paced environment - flexible work-life-balance

Cons

Change and fast pace may be challenging for some, but it has always been a motivator for me personally: change and a fast paced environment is something that you can anticipate working for Loftware. If you are flexible, motivated and open, this will be refreshing to you. If you struggle with change or owning your development, this may not be the place for you.

1.0
Feb 13, 2026
Recommend
CEO approval
Business outlook

Pros

Not too much positive with this company now.

Cons

Company is trying to grow and change too fast. They layoff people with a lot of experience and keep those who will take lower salaries. The CEO has changed a few times and the Investment firm keeps changing which constantly changes priorities for the company. No real structure and not real leadership.

7
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