I have too many complains so I can't single out one as something that frustrates me the most here. Coming to ACI was my biggest mistake. I hope to find a way out as soon as possible.
So part of the business sold. A number of employees sold too along with their new CEO. Interesting times....I wonder if the business is being sold in 2 parts?
Close to a 2 year low, and not that far from a 5 year low. Why?
Was mentioned on another post but worth mentioning here. Anyone who had dealings with her has to be happy.
Earnings weren’t horrible, but the market is down. But ACIW is now at a 52 week low, and close to a 2 year low. Will this company turn things around? The ELT seems stabilized now but the share price hasn’t moved up.
So, instead of fueling innovation, dollars are going to buying back shares, which will prop up the EPS but will do zero for growth. How many layoffs will need to be made to pay for that $250,000,000?
Considering how non-active this board is compared to my current company's, something tells me that applying at ACI wouldn't be a bad idea right now. I can see here that layoffs are not too much of an issue, but what about other stuff, like company... — read more
Any news? How is the old sales leader handling products? How is the engineer handling sales? Has Odilon wised up yet? Any more layoffs?
This time I would love to be on the layoff list. I wonder when this became a company where many people suddenly hope to be the target?
Has this rumor been debunked yet?
New ELT member, after a few others left recently. Is he moving to Miami? Denver’s not going to cut it. Younger than everyone else, has a young family. Will probably realize 3 months in what a mistake he made joining when some of the legacy ELT... — read more
Some may not agree, but unfortunately, everything indicates to me that this is happening. I wish someone would tell me that this is not true. One should hope for the best, but have their resumes ready to be sent out.
What's going on here?
Is she the next one to leave?
I come from a region that is run by someone who plays favorite and an absolute ruler. If you are his ally you will go very far, if not your position is in danger. My previous post was taken down and I don't know who, how or why! No human in human... — read more
Beware childrend: https://statereviewer.com/2021/06/03/aci-worldwide-inc-aciw-is-down-15-27-from-52-weeks-low-but-dont-get-your-hopes-high/
I started looking for another job because this became unbearable. I used to love my job very much and enjoyed working, but the atmosphere is so bad now that I just don’t have any will to work. I start work with a stomach cramps every day. I'm working... — read more
There were many rumors that big cuts would follow in June. Here it is, June, and the rumors have died down. Does that mean we can relax for a while longer or that it’s quiet before the storm? I hope that earlier story about layoffs was just a false... — read more
Have been with ACI just under 2yrs & in that time we've had 5 "leaders" of the region come and go. FIVE! Each one worse than the last. Complaints to Ethics hotline over serious misconduct and breaches left unresolved and "quietly" forgotten. A... — read more
The most important thing for every employee to know is 1) members of the ELT are not your friends 2) they will throw you under the bus at any time to save themselves or to cut costs 3) the closer you are in reporting directly to them the more... — read more
I haven't been here for long (going on two years) but I'm yet to find a place with a worse work culture than this place. My former workplace was bad, but at least the toxicity was mostly limited to my team and the company was okay. Here, the toxic... — read more
Wow! Another day another ELT bites the dust! Anyone else suprised?
Looked at earnings and as usual it’s not great despite what the press release says, But what was telling were a few items from the detailed financials December quarter employee compensation: $48.6 million March quarter employee compensation:... — read more
Didn't TM just started not long ago....less than 6 months ago? She probably saw no future here and decided it's time to move on to bigger and better things. They have done musical chairs again for replacement. When will this company learn? It will be... — read more
Uhoh, time to fire the interim CTO as well as the alleged CRO aka CTO. CFPB is on top of this, massive screwup by ACI.
Need to fire the CTO and Interim CTO for this screwup. Clearly a problem with execution, who will be held... — read more
One has been a CFO in various payment companies, so expect him to look at cutting costs even more. He is the chair of a point of sale company so maybe he can bond with Taco Man! The other has spent a long time at B of A before she left, and is now... — read more
This place is good at one thing, screwing it's most valuable asset, the employees. Non-stop lay-offs of good people. Remaining employees doing 2-3 people's job. Pay is miserable! ELT gets promoted despite screwing up time and time again. New head of... — read more
This company made promises to lure new employees or to retain talent and cut some great people. I should have known better than to come back to this company. Lack of vision, poor implementation of product strategies, etc.
Not good sign when Chief Revenue Officer leaves and ACI appoints engineer who was just named CTO to CRO position. New CRO knows nothing about sales or leading sales team. Disaster coming.
The website has been updated for the ELT. First, the South African is gone. His positions have been distributed to 2 others. The 2 previous Group Presidents keep their employment going despite poor performance and zero people skills. Little... — read more
Not sure if I should hang on and milk the company for as long as I can or if I should start looking for employment elsewhere. I’ve been with ACI less than 3 years and while it’s become my comfort zone I don’t want to have to face a future of... — read more
I always wondered how Phil was able to roll out the same warmed over strategic vision each Investor Day, and how investors have tolerated almost zero organic growth for a long time. Finally someone has called them out on... — read more
https://www.salary.com/tools/executive-compensation-calculator/aci-worldwide-inc-executive-salaries?year=2019 Look at this list and then think about ACI's performance, and how they're making their numbers through layoffs. When top paid execs are... — read more
New CHRO comes from Fiesta Restaurants, which operates quick service chicken and Mexican restaurants. Also has experience in dying tech companies. I don’t blame him, and wish him well as I’m sure he was told about all the great things happening at... — read more
Looks like the new CEO is adding new blood and focusing on organic growth. As this growth hasn't been there for the past number of years under Phil, and all of the ELT was there for that, who will be held accountable? I can think of a couple... — read more
I just saw the 2020 outlook in the earnings press release that contained: “ $10 million of one-time charges to implement cost reduction strategies. “ Either they are closing offices or doing a bunch of layoffs. Which?
South African citizen with no ties to the US. Will probably end up selling the company.