Private Equity Acquisition Destroyed the Culture — Layoff Was Handled Shamefully - Senior Solutions Consultant Verint Employee Review

The private equity acquisition fundamentally changed the culture and employee treatment. The layoff experience was one of the most disrespectful I have ever witnessed in a professional setting. An email arrived at 11pm the night before from an unfamiliar email address announcing a “company update” meeting scheduled for 7am the following morning. The email was so unusual that I initially reported it as a phishing attempt. The next morning, approximately one third of the company was laid off simultaneously with no meaningful notice, no personal communication, and no dignity extended to people who had given years of service. This is what happens when private equity prioritizes extraction over people.