02-02-2019, 06:53 PM | #1 |
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Toxic Work Environment
Has anyone ever been in a shitty work environment? Here is the situation I am currently in-
1) was brought into a team and company that seemed very structured and was making good money 2) turned out, within a few months; company was not making good money and had expenses thru the roof and lost a lost of money 3) management team was completely replaced by a bunch of dimwits that dont care about the people at all... CEO has no idea what he is doing (that got himself into his own HR mess), CFO is a part time employee, and the new VPs is borderline unprofessional 4) direct manager is very junior and a moron that doesn't resolve any conflict; and doesn't deal with any confrontation... he brought a lady back to our team that everyone wanted to fire and has now created even more conflict within our team My exit strategy is already slowly planned but how did people tough out BS like this? It's amazing to see how something that was once decent fell into the dumps so quick. |
02-02-2019, 09:48 PM | #4 |
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02-02-2019, 09:56 PM | #5 |
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Get out, folks will hunker down because actually leaving is hard.
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02-02-2019, 09:56 PM | #6 | ||
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ASAP I'm in a similar situation. Although my environment has changed and the employees I work directly with have finally realized that I'm not the devil; the company now finds itself in distress. I'm currently faced with the decision of looking for a new job or riding the wave until it crashes. Ultimately these are the only two choices you really have. |
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02-02-2019, 10:05 PM | #7 |
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Why stay and deal with it if it's not a good looking term fit?
Get out now, job market is insanely good for employees right now. We can't even fill positions ATM. Anyone we like has multiple offers or accepts another position prior to us finishing the hiring process. |
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02-02-2019, 10:31 PM | #8 | |
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Goes to show how overly-complex some companies hiring processes are. If you like the guy, don't wait, just throw a number and see if it sticks. |
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02-03-2019, 08:32 AM | #10 | |
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2 x N54 -> 1 x N55 -> 1 x S55-> 1 x B58
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02-03-2019, 09:57 AM | #11 |
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Doesn't this sound familiar...
I'm finishing up my exit strategy right now in fact. Been with the company for seven years with a lot of myself put into it. I'm at my breaking point and getting ready to take a drastic career change. The most difficult part of it is leaving a company that I care about, but I'm at wit's end. |
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02-03-2019, 12:57 PM | #13 |
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Yeah, there's your problem right there. Did you not ask if they were PE or VC owned when starting? Every PE or VC owned company will tell you they have a "buy and hold" strategy and they are all full of sh*t. You can make good money and have a really interesting time working for a PE of VC funded company, IF, you are in a management position and can contribute directly to their cost cutting, growth, and eventual flip/sell strategy. If you are just a worker-bee expect to be exploited for all you're worth. it will be miserable.
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02-03-2019, 01:01 PM | #14 | |
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02-03-2019, 01:09 PM | #15 |
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Yeah, it's best to steer clear of those situations unless you are after the experience and not the paycheck. I learned the hard way when I joined a VC backed company that was "poised to sell" and took a lower salary in exchange for company stock that would cash out upon sale. Well guess what, 7 years later we found ourselves literally days away from running out of money and the company was sold on fire sale for pennies on the dollar. All employee held stock was liquidated as part of the sale and us worker bees got nothing. After that the "cost cutting" began and heads began to roll. I got out at that point.
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02-03-2019, 01:16 PM | #16 | |
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02-03-2019, 01:39 PM | #17 | |
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02-03-2019, 02:21 PM | #18 | |
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Don’t be complacent; move on. And until you do, find a way to keep your perspective. No job is worth the angst produced by a toxic work environment. |
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02-03-2019, 10:14 PM | #19 |
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There isn't a point sticking around with that environment. My job made downward spiral in how they treat the employees and most of us are leaving.
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Deleted, ATM I/C and tuned by B.R.R.
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02-03-2019, 11:14 PM | #20 |
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02-04-2019, 03:44 AM | #21 |
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02-04-2019, 11:38 AM | #22 |
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There is your problem "Private Equity" they are only interest in pulling out any cash they can. There are PE firms who go around and buy up various businesses and hopes they can skim off profits when times are good then shut it down when times are bad. Right now its good to be in Manufacturing, lots of stuff coming back from Asia. Only time it could be good is when the original owners are kept around, but most times there are not. I Works with lots of manufacturers in the US and do not like the one where they are own by PE. I rather deal with owners who work in the business or a really larger company who knows what they are doing.
Last edited by Maestro; 02-06-2019 at 12:34 PM.. |
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