This year has been a nightmare for many old and new employees. Management shuffle every few weeks, reorganization of Engineering, Design and Product. Huge employee churn with many highly technical individual contributors leaving the company for better places like Facebook and Google.
Fact is even though international growth looks pretty okay, the revenue is lagging behind very badly and it is very hard for employees to justify the lofty valuations. Management seems to think that all problems can be solved by management change / reorganization, and they have mistreated many valuable individual contributors that have left the company. The commerce initiative has also failed and the fallout is spectacular.
This company is great for early employees that became middle managers. Most of them are clawing their way to stick around, stepping on others, because it is very hard for them to find similar positions at other more respected companies.
Our engineering leadership is now led by either professional managers from second tier companies that lack technical depth, old employees that are just clocking in and out daily to keep their positions, or medaled professors that have very little practical know-how. ICs have very little opportunities to shine and many are already disillusioned by the constant organizational missteps.
A few of us have very little faith in this company and are looking outwards for better opportunities.
