Pros
Strong esprit de corps among certain groups - contributes to job satisfaction. Company has mostly hit sales metrics for the last year, enough to partially fund the bonus pool.
Cons
The company is owned by equity capital; predictably, they’re trying to flip it. Having suffered through large layoffs and seeing a corresponding climb in profitability, we’re now in the sales phase of their ownership. From a short term perspective, the strategy makes sense and the owners are entitled to make a profit on their investment. From a long term growth perspective, it’s another story. NetMotion builds products – like all product companies, if you lay off the people who build and sell products, it shouldn’t be a surprise that the company can’t build something new/ exciting in the next year, keep sales accelerating, and keep the profit curve climbing. It certainly shouldn’t be a surprise that the remaining staff is deeply cynical about the leadership. Moreover, it doesn’t help that we have neither a full time CEO or CFO.
