Pros
Before Acquisition)
Positive Work Environment: The company initially fostered a supportive and engaging workplace culture.
Healthy Work Culture: Employees experienced reasonable workloads and fair management practices.
Satisfaction Across Departments: Different teams, including client servicing and finance, found stability and professional growth opportunities.
Cons
(After Acquisition by Blackstone)
Increased Workload Without Compensation Adjustment: Senior employees are expected to handle excessive responsibilities for the same salary.
High Attrition Rates: Many workers seek better opportunities due to pressure and deteriorating conditions.
Declining Morale Across Departments: Employees in finance and other divisions express dissatisfaction.
Hiring of Fresh Graduates Without Adequate Training: New hires are expected to handle complex tasks, contributing to stress and low morale.
Overtime Without Proper Recognition: Employees are forced to work beyond shift hours due to workload surges.
Excessive Micro-Management: Even minor details like email formatting to clients are heavily scrutinized, adding to stress.