Neustar reviews

Cons overshadow positives often these days. There is a massive exodus of long tenured employees and executives which is not surprising given the turmoil (just check linkedin on how many have left Neustar in 2016). Let's review the last two years at Neustar: Loss of a major government contract worth 50% of company revenue resulting in several major shareholder lawsuits, overpaying for an acquisition of a marketing services company by 4x and then having to publicly be humiliated and write down estimated revenues, announcing the split of a company in order to confuse the investor community. Not to mention that the company seems to have a new CTO, CMO and SVP of Sales every 12 months. The company also likes to layoff people every September (they just did 3% of the company) and in December to "remove the fat" as was said by one of the VPs in a recent meeting. There are lots of unknowns related to the company split and the management has shared no new information since the public announcment. Many people in General Administration are just waiting for their severance package and the office morale is depressing even at the HQs. Speculations are that the board will try to sell off some of the low performing business units (marketshare, security, etc) before the split.

Exceptionally poor leadership, most especially from the CEO and the CFO. Together they have driven this company to the brink of extinction and it's only through a brazen lack of fiduciary oversight by the Board that those two people still have jobs. I have to believe the major institutional investors are looking at ways to force the Board to get rid of this leadership team - and if they aren't - they deserve to lose every penny they've invested in this company. On it's current course and speed this company is tracking to be sold off to private equity and chunked out into pieces since at this point it's the only way the management team might salvage some return for the shareholders. In the end the employees will fair the worst - but if the management team had actually listed to the employees (they don't, employee surveys are a joke) instead of the endless list of 'consultants du jour' - this implosion could possibly have been prevented.