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Aladdin Knowledge Systems

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SafeNet lost the Aladdin magic in the US - Anonymous employee Aladdin Knowledge Systems Employee Review

4.0
16 Aug 2010
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

The people were the best part of Aladdin. There was a family-like atmosphere until Vector Capital/SafeNet came along, laid off dozens of people, and lowered company morale.

Cons

Under Yanki Margalit, the organization operated more like a Mom and Pop shop than the global corporation it was. While this was bad for company growth, it was great for company perks. Yanki was generous with his employees. For example, he gave a secretary and her husband a free vacation to Israel. Severance packages of one month per year worked were common. Under SafeNet management, the severance package decreased to one week per year worked, the employee paid health insurance costs rose, and the management generosity disappeared. The culture shifted from a family run business to a dollar oriented, corporate culture where even the employees from India say, "You can do better than SafeNet."

Explore other reviews about Aladdin Knowledge Systems

5.0
26 Jan 2021
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Wonderful. Great technology, people, work ethics

Cons

Time difference between US & Israel

2.0
1 May 2009
Recommend
CEO approval
Business outlook

Pros

Good technology. Core HASP product is excellent. Some excellent technology expertise.

Cons

CEO was incompetent and he employed family members and friends of company. They were a global company but did not operate effectively in a global way. High turnover.

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