2.0
Apr 11, 2024
Anonymous employee
Current employee, more than 5 years
Recommend
CEO approval
Business Outlook
Pros
Decent pay/benefits. Some good people still around.
Cons
Candela was running lean for years to hit an IPO in the fall of 2021. The IPO was pulled on the eve of the IPO with the champagne on ice ready to go. Since then, the company has been without a strategic plan for success “surviving” quarter to quarter, mostly missing targets. As a “leverage your assets (people) to the maximum” company, expect maximum stress for little benefit. Managers will let verbal abuse go on to the point where team members will break down in meetings. And since the IPO failed, who knows what the venture capital overlords will do to get their value out of this company?