Total dumpster fire of a company - Anonymous employee ProductPlan Employee Review

Where to even start? Leadership is inept. The CEO is so tone deaf that it's almost reminiscent of the show the Office, but minus the likability. After several rounds of completely blindsiding layoffs, he uses toxic positivity to try (and fail) at convincing the company that it's a good thing and we should find it exciting to be a smaller workforce. They say the strategy is working, yet there's round after round of layoffs and leadership refuses to take any responsibility for their failures. Seemingly nobody is safe from these layoffs. Top performing employees, employees who have been at the company for many years, employees who have literally won awards quarter after quarter have all been let go. Most of the managers at ProductPlan are also inept. They promote individual contributors to management level positions without any training, there are no skip-level reviews to improve or provide feedbacks to managers. They just coast along in their position unless they, too, get unceremoniously laid off. ProductPlan needs to learn that being good as an Individual contributor does not mean you will magically be good at being a manager for that role. Diversity and inclusion at ProductPlan is a joke. They make every new hire answer a question about what D&I means to them, not realizing how tone deaf it is when almost every one of those people is white and usually male. During the first round of layoffs after acquisition, it seemed like nearly every female in an executive position was laid off and replaced by a white man. ProductPlan consistently underpays, and once you make a reasonable salary close to industry standards you have a target on your back for the layoff. All departments are not treated equally at ProductPlan. Seemingly the entire company minus the engineering department gets flown out to Denver multiple times a year where they have dinners and fun activities. Leadership loves to bring up inside jokes from these get-togethers despite an entire branch of the company never being included in them. They have the money to do those events, but they don't have the money to pay the salaries of loyal employees or to allow engineering to get together as well? I could honestly go on and on about the negatives of working here, but please just know that most of the positive reviews you see here are likely from before we were acquired and are mostly not reflective of the current landscape.