Manager - Anonymous employee The CBORD Group Employee Review

Major problem has been the "bull in the china shop" fashion in which new management team has tried to fix old problems. New CEO says he wants to be "transparent" and the company has a great future, then several weeks later he fires a dozen or more people, killing morale. Staff numbers are down substantially over the past year. New senior management team does not live anywhere near Ithaca, NY, so no company interest in the community in which CBORD is headquartered or in its local employees. President is a turnaround specialist brought in by CBORD's corporate owner. CBORD's basic problem is that it was sold a decade ago to Roper Technologies, whose focus is on rapid quarterly growth of earnings for Wall Street rather than the gradual, steady long-term growth of the company. Several company benefits have been cut since Roper purchased CBORD, further depressing morale.