Poor Management Decisions Over Revenue Every Year
Pros
There aren't any to name after all these years.
Cons
The absence of an Employee Stock Purchase Plan is the company's way of blatantly letting employees know that they are rented equipment; all while ensuring that the financial rewards of that success are hoarded by a select few. This is the ultimate act of corporate selfishness. It reveals a pathological fear of letting all employees truly benefit from the value they create. It’s a one-way street of sacrifice and the message is crystal clear: "Your labor is a cost to be managed, not an asset to be invested in. You are a line item, not a stakeholder. The growth you drive is ours to enjoy, not yours to share in." I’ve worked at corporations that generate billions of dollars per quarter, but such revenue growth is unattainable at this company because it is run with the maturity of a high school clique. Incompetence and unprofessionalism is encouraged and enabled. They will layoff a perfect 10 employee with the plan to replace them by hiring two 5s. If you’re a rockstar, they’ll let you train your replacement before laying you off. The recent events are just proof of this. Aspirations for a competitive edge are futile due to a tolerance of kindergarten-level operational discipline run by immature and incompetent management who are more concerned with being friends instead of being profitable. Promotions aren’t earned due to hard work, being highly skilled and more than capable of fulfilling your roles and responsibilities; they’re given to those who value assimilation over ability. A woman’s tears is an essential ingredient to fast tracking a promotion here. Upper management celebrates a closed loop of self-congratulatory failure, ensuring that the only ideas that rise to the top are the ones that won’t threaten the delicate egos of those already there. Bias ensures only the connected and conformist are promoted. The company operates on perverse trickle-up economics where the value created by the workforce is systematically siphoned upward. They plead poverty to the very people generating revenue, while upper management and the executive suite engage in a grotesque, self-congratulatory feast on the spoils. It's a kleptocracy disguised as a company. The majority of the sales team consists of a parasitic ecosystem built on intellectual theft. Most so-called "sellers" are glorified messengers and order takers, carrying the work of the undervalued, overworked sales support staff. Many sellers are incapable of using their brains; they use sales support (CSMs and AMs) as a cognitive crutch. The result is a reward system that is not just broken, but morally bankrupt and most sellers are rewarded with raises and promotions for plagiarism. Nexxen incentivizes mediocrity and penalizes the very genius that keeps the lights on. It’s the world's most expensive game of telephone, where the person who understands the solution the least gets paid the most to misrepresent it.
