This is a company that was amazing, but that history is no longer even required to describe the downfall. It stands completely on its own as a horrible company without the need for any relative comparison.
Management in the company is incredibly indecisive, which leads to an enormous amount of wasted time. Then, once they are actually able to make a decision, it is laid out with absurd deadlines, which would have been completely reasonable had they been able to make decisions more effectively earlier in the process.
Additionally, when these late decisions come out, they are paired with panicked statements declaring we cannot meet our company goals without making those deadlines. Then the teams buckle down, get the work done while sacrificing their family lives, and are rewarded at the end with the bonuses we were told we'd get would be coming in at only 21% of what was originally stated. The messaging behind this is that we all succeed and fail together.
Immediately after this messaging, the executive team and their spouses joined the sales team on an all-inclusive trip to Aruba to celebrate the failure that we all experienced together. Politically speaking, that was the blindest decision they could have made.
This company's earlier success was built on its belief and support of any company's most valuable resource: its people. It has 100% flipped and become one of those awful companies that is completely soulless. The pressure that is coming down on the employees is crushing them. There is an attempt to use pressure as motivation, but the only motivation it creates is motivation to interview elsewhere and get out. And with the hiring freeze, even for positions that are vacated, that'll just make things harder on those that remain. Sorry about that.