When the company was sold to a hedge fund back in 2021, the nightmare began. There has been constant micromanagement and pressure from people whose knowledge is not relevant to the job itself. Contributions are measured only through Jira tickets.
Customers decide how the software should look, even when certain requirements are not technically feasible. The business is out of control - they are trying to develop trading software without essential knowledge of either the company’s system or trading itself. Because of that, the company is struggling to find new customers.
Many technical people and engineers have stepped down and left the company over the last few months because management is rude and unwilling to accept any kind of criticism.
If they hire new employees, those people cannot contribute effectively because there is no one left who can properly explain how the system works. The experienced employees whose knowledge was essential are no longer with the company.
Management, which lacks technical understanding, immediately fires people if they oppose decisions or try to suggest a better solution. When employees try to explain why a particular approach is not good in the long term, they are ignored or fired.
Management simply does not listen.