Private Equity owned company that only cares about selling itself for a big profit
Confidential (Former Employee) – Burbank CA – October 21, 2013
Overall good people and good work. The employees are good... the managers are good. I enjoyed it... I had good times and relationships with almost everyone. Interesting products and customers.
Private Equity owned company and the owners are ONLY interested in selling the company in the near future for a profit. The VPs and owners will get BIG money when they sell the company, and the employees get nothing but pressure as they build up the company to sell. I got canned in the end... and really did not have enough time to prove my worth. No hard feelings about being let go, really...it's only business... but I think they need some help in HR and employee relations. NOTE: I'm not posting this to hurt the company... I'm posting this to warn others of the downside to this company.
ADVICE TO MANAGEMENT:
Your turnover is VERY high. Everyone knows it. These reviews show it. Figure out a way to retain employees. Reward them and try to keep them. People's lives are important...not just your desire to flip the company for profit.