Private Equity strikes again - werkgeversreview Principal Systems Engineer bij Cubic

3,0
5 okt 2024
Aanbevelen
Goedkeuring directeur
Zakelijk vooruitzicht

Pluspunten

* Smart, motivated colleagues * Many good managers * Working on something visible, that most people appreciate (public transit) * Fast moving environment * options to work on a broad range of things

Minpunten

* Cubic got acquired by a private equity firm a few years back. The standard PE playbook is-- drum up sales, cut costs, sell the company/get acquired --- They've been aggressive about sales, and have landed a number of big projects --- Through layoffs and not replacing people leaving, CTS has a fraction of it's former headcount. The people left are struggling with an unchanged workload to be carried out by half the employees --- on a related note, innovation funding has been severely cut. --- So we are lagging the market in terms of product features. It's hard to produce quality when you have twice the projects you should. --- Many people laid off had skills that no one else had. So many projects have gone even slower than expected given the low headcount. --- last I heard, there were no options for a change in position. This has been the case for a few years --- raises haven't kept up with inflation (even with the government's low figures. Real world, we're falling behind.)

Ontdek andere reviews over Cubic

5,0
4 nov 2025
Aanbevelen
Goedkeuring directeur
Zakelijk vooruitzicht

Pluspunten

Very friendly. Feels like family.

Minpunten

I had no cons while working here.

2,0
7 mei 2026
Anonieme werknemer
Aanbevelen
Goedkeuring directeur
Zakelijk vooruitzicht

Pluspunten

My manager was awesome. Job was diverse and creativity was welcomed. Salary was pretty good, even if I was technically doing two types of positions. Co-workers were also good, some great, actually. Work life balance was also pretty good. All credit to that goes to my manager and the managers I've had before my last one.

Minpunten

In the end, my loyalty seemed to not be valued. My hard work showed and I met deadlines before the due date. Only called in sick when actually sick, and hardly took time off. The thing that bothered me the most was the way they laid me off. Group Teams video meeting, but the person giving us the news was not on video. Just a black screen, telling you that was your last day and that after that meeting your access will be cut off. And it was. I almost felt like an email would've been better than that black screen. That is really the only time I felt bad about the way things went. I know corporate life brings in the usual fiscal year layoffs, but it just felt wrong the way it was done, in my opinion.

6
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