The previous executive team took this company to a billion dollars. The new executive team will not be able to stop the bleeding that has been happening for several years. To begin, the new CEO has created a toxic culture with no trust amongst employees. Hyland is no longer what it used to be and the other new C-level officers are not to be trusted as well. Their general approach has been to simply lay off the old and bring on people that look good on paper but have no idea what they’re doing. Customers have been upset at the slow pace of innovation and pretty soon the C-level team will realize that turning the tables so drastically will only backfire on them as customers can clearly see what’s happening internally within the company. Not only have you lost the trust of your employees, soon both customers and the board will lose faith in you as well (many agree it’s already started). If you are considering to join this company, look elsewhere. Despite your performance and talent, the company’s future is what’s at stake and there is a high probability that the company will be sold and another management change will happen within the next 1-2 years.
