ContentSquare

There are some talented people, however, most have already left, and the others will leave soon.

• The CEO is only good at two things: raising VC funding and acquiring smaller companies.
• The business is stagnating, the product is getting outpaced by competitors, and the team morale is at an all-time low.
• Every winter, there is a big layoff round (10% of the team), and every summer there is a big hiring push. This happens every year, like clockwork.
• The people team (HR) is comically out of touch. They make all the wrong moves, such as slashing existing benefits, forcing a return-to-office, minimizing raises, and laying off people.
• Leadership is complaining that they are tight on money while spending millions on lavish offices, grand off-sites, and dubious acquisitions.
• Priorities change drastically every six months. Certain expensive acquisitions that were justified to conquer certain markets are forgotten and left to rot as leadership changes their mind.

What's the point of this stupid layoff/hiring cycle we go through each year? It is really killing the team morale.