2.0
Jun 20, 2013
Recommend
CEO approval
Business Outlook
Pros
Initial claims by new management that nothing would change for a period of time were valid - there were not immediate layoffs after the purchase of Convergys' IM business by Netcracker.
Cons
Netcracker bought Convergys' IM business in May 2012. Most of Netcracker development resources are located in Russia; significant Convergys IM resources are located in India. The writing was on the wall for all US-based development staff; RIFs started in late 2012 and continue to this day.