Financial Woes - Staff Software Engineer Promethean World Employee Review

Non-Competitive salary. They used a special purpose acquisition company to list on NYSE MYND, aiming to capitalize on the growing interest in AI, though their core operations are not AI-based. As a result, their stock value decreased, and there was no plan to offer equity to employees. Management now emphasizes financial oversight, marketing, and maintaining a positive public image, in contrast to the previous focus on engineering-driven product development. A strategic decision was made to reduce the engineering workforce by 50%, which has impacted their ability to introduce new products.