Pros
Some old clients and a few good employees who are sales people and consultants. I was hired by a recruiter from a job posting and they do staffing for Java and Microsoft skills. Valtech acquired Adea which did IT staffing and projects sometime in early 2011. Adea was a famous company in Dallas and had good sales people and long term employees. I worked there and was on a few good projects. Adea had offices in other countries and a big team in India. The acquisition was successful due to the strong management team from Adea that worked very hard. It was a smooth transition in the US and Adea team brought new life into Valtech. They got many customers. However, the French management team and some other inexperienced managers in US tried to control the company, and as one employee who left the company said – “it was their first time at the rodeo”!
Cons
In the last few months, most of the top management have left the company including the CEO, CTO, CFO, many Vice Presidents and consultants. I heard 2 or 3 CFOs in headquarters left the company in last year. Someone in the Glassdoor posts mentioned that “a number of people self selected to leave the organization…”. This is not true. I worked with many people from the Adea team and others who left. They left the company due to the new management team who wanted them out and others left due to lack of opportunities. I heard many compliments about the CTO who left the company. He ran the Indian operations and made it successful. He got many customers and had a great reputation. The Adea CFO was tough and always asked me hard questions because he knew the business. I knew the CEO who came from Adea. He was respected by the employees and customers. He had a crazy reputation of working all the time and was nice to everyone. He went to a customer with me and was ready to do coding to fix the problems. I heard that the management team that runs the company now violated most of the Adea contracts and so there are many lawsuits. Before Adea was acquired, Valtech was not known in US and they did training. They had no culture and had few employees. I left because there was no work for my skills. The management team is led by HR manager which my old colleagues cannot believe. The French managers are learning about US and they brought many people from Europe. I heard they had a new strategy, but I did not get a chance to work on those projects. They asked me to learn new skills but never sent me for training. One of the people who posted on Glassdoor says “the company started growing like crazy at end of 2012”. Maybe this is because of the strategy and efforts of previous management. The new management cheated many people of their dues, and so must be using that money to make profits. The management team takes big salaries like more than $ 500,000.
