Solid company, still working its way through the GTECH-IGT merger
Pros
Overall, IGT is a strong, relatively stable company, which is still working its way through the integration process after the GTECH-IGT merger that occurred in 2015. As an employee from the legacy GTECH organization, the merger seems to have been positive overall, but has created some challenges, discussed in more detail below. From my vantage point, management and HR try to treat employees fairly, but like any large company, there can be wide ranges in experiences from one team to the next.
Cons
The IGT-GTECH merger seems to have created lots of internal challenges and distractions at the senior management level that have negatively impacted employee engagement and the overall morale within the company. On the GTECH side, there is a feeling that even though GTECH purchased IGT, GTECH employees are the ones who have had to change their culture and business practices the most to adapt to how the combined company operates. In 2015 GTECH employees were told that they would be getting an annual raise, only to have it cancelled at the end of the year, supposedly due to financial pressures. Meanwhile, the company continues to pay a quarterly dividend, and management publicly states that performance is strong. This disconnect leads to a lack of trust that makes employees not trust the senior leadership team.
