Neverending cycle of layoffs with most being done quietly.
Bonuses and raises get cut further every year as mysterious "internal targets" aren't met. No-one knows what these targets are, but we all know they don't really exist and it's just an excuse to cut salaries. Have a look at the annual report and you'll see the CEO got a fat raise for himself. Looks like the "internal targets" are just for the worker bees.
Sage crows about being "human", but the opposite is the case. Upper management seem to be admirers of the DOGE approach to people management.
Morale is at an all-time low and getting lower. The all-hands calls are painful with planted questions to the CEO where he can talk about how he loves the return-to-office mandate and has such fun talking to people at the water cooler. This doesn't happen in real life as most people are on calls, if they can find a desk in the office.
Annual reviews are also used as a weapon to destroy morale even further as we're forced to rate on a curve, so every team has to have at least one under-performer, even if that's not the reality. HR response is "we don't rate on a curve, we just follow standard distribution." In other words, they admit rating on a curve but lack the awareness to realise this.
