Another company turned into a Thoma Bravo strip mine - Director Anaplan Employee Review

1.0
Jun 28, 2023
Recommend
CEO approval
Business Outlook

Pros

Wonderful people, good compensation at time of hiring (which pre-dated the TB acquisition), a product positioned well for the times

Cons

The place has turned into a SaaS goat rodeo. There's clearly a deranged belief that they can cut their way to profitability, which is removing any chance of the company delivering for its customers. Offshoring engineering in a competitive space? We constantly say our customers need to be more agile, but we're now less able to respond to their needs or to competitors' moves. Innovation is a thing of the past. If you're planning to sell the IP you paid for, Thoma Bravo, you'd better do it quick. Meanwhile, the new leadership spent a major part of the first quarter coming up with new "company values," which are a complete farce. If you're going to demolish the company culture, people aren't going to be distracted from that by a corny acronym and the use of the word "empathy" every other sentence. The company was challenged with some pretty formidable goals at the start of the year, and some parts of the organization are on target to exceed those goals. But that doesn't actually matter - layoffs and cost-cutting are more important to Thoma Bravo than actual success. They purchased an amazing asset in the people at the company and threw it away.

Explore other reviews about Anaplan

5.0
May 8, 2026
Recommend
CEO approval
Business Outlook

Pros

- Collaborative & Inclusive culture - Commitment to well-being - Professional growth & learning - Market leading innovation - Work flexibility

Cons

Anaplan is the place to be!

2.0
May 7, 2026
Recommend
CEO approval
Business Outlook

Pros

One thing I genuinely appreciated was that the C-suite seemed invested in keeping everyone in the loop. The monthly town halls felt like more than just a formality and gave you a real sense of where the company was headed. When you had a good stretch, people noticed. The company feels like it has real momentum and on a macro level.

Cons

Leadership was inconsistent in my experience and seemed to depend heavily on which manager you ended up with. It often felt like luck of the draw. I personally found the planning process to be more reactive than strategic, with urgency only kicking in once results were already suffering rather than getting ahead of it. The workplace culture also had a gossip element that I found draining over time. My biggest frustration was around performance recognition. I observed situations where reported numbers didn't seem to reflect reality, yet the consequences appeared minimal at best. I would have liked to see more transparency and accountability around how top performers were identified and rewarded, because in my experience the current approach didn't always feel equitable to those who were playing by the rules.

1
avatar
Anaplan Response
1w
We appreciate you sharing such a detailed reflection of your time with us. It is encouraging to hear that our commitment to transparency through monthly town halls and our company's momentum resonated with you. Fostering a trusting, equitable workplace where everyone is fairly recognized and rewarded is central to our culture. We wish you the very best in your future endeavors.
See reviews by: Helpful|Rating|Date|All