Volatile work environment - Anonymous employee Transamerica Employee Review

changing management; many leaving due to a constantly changing strategic direction of the company; many rounds of layoffs in the past few years and more to come this year and next as they work to reduce expenses even further; hiring many young employees without experience and putting them in positions they are not ready for; lowest employee morale I've seen in my many years there; difficult for people who have been there for years to obtain other positions within the company rather than being laid off due to hiring younger, less experienced, lower salaried people from the outside