Precisely reviews

Precisely does not pay the highest salaries in the market. However with all the support and flexibility given, all the interesting challenges and exciting changes, this is the right place for me at present and has been for the past 7 years!

The executive team of a small mainframe product firm (syncsort) somehow managed to convince a bunch of PE firms that they would create a data management giant. The PE's poured in some money and along with a huge amount of leverage this small company started acquiring other software and product business . To make these acquisitions meet the inevitable debt covenants starts the journey of "Optimization" - They end up laying off many people in any company they acquire (All part of the strategy). Some of the acquired companies have lost over 50% off the overall staff. They changed the name of the company because of all the negativity that got generated and continue the journey under a new name. Still acquiring companies and doing RIFs to meet the optimization targets - Maybe they will rebrand again in 1-2 years. To keep up appearances , they change the L2/3 management every so ofen that these naive (they will also be out soon) people keep on parroting a image of software product firm with enthusiasm . Only join or continue to work in this company if you have no where else to go.