Transaction Network Services Reviews

Belonging to Private Equity. The PE firm that bought us, Siris, is not motivated to invest in capable senior management or in new areas of growth. The company is stuck in legacy business and won't invest in new growth areas. Half of the management was looking for jobs elsewhere, and the other half is frightened to make decisions.

The company was bought out by private equity firm (Sirus) in Feb 2012. They are totally cleaning house and firing everyone. Lot of good hard dedicated people that worked there butts off to resolve production problems 3 am on weekends until everything was back up and running where fired. They are cleaning house and basically firing everyone who is in development. I was fired (laid) off after 10 years, just taken to a room for a "meeting" and laid off. Here is your packet, have a nice life. That was a pretty difficult experience. When you work you ass of for a company, your system runs good and over the course of my tenure there, my system easily brought in over 100 million dollars in revenue (gross) for the company with a 40 percent profit margin is not bad. Doing the coding, production support and everything for a 4 person development team is not bad. But they laid off the whole development team (in the course of year). They won't have your back and will treat you like dirt and then dump you when you have a "meeting" you don't expect.