Insolvency - Engineer Imagination Technologies Employee Review

Promotions and parachutes at the top, hiring freezes and scraps at the bottom. The company has regressed into a Series A startup burning wads of cash each year, typically this type of company would have passionate founders and a flat hierarchy who are knowledgeable in the industry, instead we have 10 layers, most of it middle management, trying to figure out why it's losing money, demanding constant status reporting then wondering why real work hasn't progressed. Each iteration of executives get their payouts and further accelerate the companies decline to insolvency, engineers can expect stat redundancy at best. Every engineering department is now held together by a handful of unappreciated people doing their best to offset the endless tech debt of unprofessional or inexperienced coworkers. Pay is so bad many workers are unavailable doing childcare for themselves just to make ends meet and if you pay attention others can go weeks with little contributions.