Poor culture emerged after founders exit and PE acquisition - Manager Lucanet Employee Review

Poor Leadership and Communication: Inconsistent direction and lack of clear strategy communication from leadership cause confusion and frustration among employees. Low Compensation Packages: Salaries fall below industry standards, leading to dissatisfaction and making it difficult to retain skilled professionals. Decline in Company Culture: Since the founders left, the once vibrant company culture has deteriorated, affecting teamwork and morale. Ineffective HR Practices: Frequent leadership terminations due to sudden strategy changes create a negative atmosphere; HR handles these situations poorly, lacking empathy, support and communication. Lack of Employee Recognition: High-performing employees are often overlooked, leading to a lack of motivation and talent retention issues.