Falling Apart - Software Developer Acoustic Employee Review

Just to give you a taste of how things are at Acoustic, here's just a few bullet points: This company went through 3 CEO's in less than a year. They laid off 30% of the company in one day without any notice right before Christmas, 2020. Layoffs continue to be a constant thing to this day. They are hiring low cost over-seas workers to replace US workers and are asking the US workers to train them before getting let go. They wasted millions on consultants who only wasted time and caused more work. They are bleeding cash. Currently they do not give raises and they cancelled the 401k match. Moral is very low (at least among the US workers that haven't been laid off). The overseas workers are seriously lacking in the skillsets and experience compared with the people they are replacing, and what's more, the leaders who are bringing them on (who also lack any hands-on technical skills) don't realize it. At a high level, the number 1 issue is arrogance among upper management and the leadership team. They make decisions in a vacuum without any input from lower level managers who are intimately familiar with the pieces of the technology they were hired to implement or manage. Finally, they take no accountability for this on-going disaster. They blame the carve-out, IBM, Covid, older infrastructure, and consultants just to name a few. My guess is that this company will get sold off again and that the product's future will be full of instability and downtime.