Pervasive cost-cutting especially since the start of 2024 has not only made it hard to be efficient, but also stifles career advancement. The only way to progress in your career is to leave. Long-time employees will probably stay because they have big stock grants waiting to vest, but for anybody else the pay is junk.
The cost-cutting has gone way beyond what is reasonable. Tools keep disappearing even if they weren't that expensive to begin with. They want to get rid of Slack to save money. Slack. Maybe they won't, but it keeps getting floated as a credible idea so I wouldn't put it past them.
Security is the #1 priority, but there is no foresight or long-term plan so the security edicts come in as a "Request of the Week" to be completed yesterday (usually we have 1-2 weeks). It kills morale because aside from providing no value to customers, we have to drop everything to get it done in time.
It almost looks like they are trying to make the working environment unpleasant on purpose to create attrition so they can avoid the bad publicity of mass layoffs. Plus that way, the people who are left will be so demotivated that they won't expect raises.
