Take care if your salary is high
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Topics regarding layoffs at MetricStream, Inc
So many poor performers are being promoted with AVP titles etc recently. What is going on with many layoffs and then promotions?
Heard that MetricStream is now in the last stage of distress sale into one of the SI. Sale to be completed by q4. Can anyone confirm this news that’s on the rumor?
Noticed the CFO has gone? Was he fired or he left on his own ?
Yes, the 2018 fireworks has just begun. The entire leadership team will be cleaned up now. This seems way, way too good to be true, especially for MetricStream. Any chance that this actually has bases in some concrete info, or is this just wistful... read more
GRC is all about how to manage your company compliance and how to handle risk. MetricStream sell GRC products to the top companies in the world. Unfortunately customers buying products from the company which doesn’t know how to manage own risk in... read more
Now some employees realized importance of leaving the company. Good for their future.
Appreciate the employees who are still trusting the company. But remember guys, MetricStream terminated people who worked for 10-15 years and whom people used to call them as strong pillers of MetricStream, if you still think you are safe then no one... read more
MetricStream started getting new customers? Earlier days some good customers refer MetricStream GRC to other companies. All good MetricStream customers are referred by one or other customers. Because they don’t know quality of MetricStream products... read more
Metricstream - Disgusting Culture, Fraud Top Management, Sick Thought Process and Worst company ever worked for. It is an UNLISTED INDIAN company which markets itself as US based MNC. No annual report published anywhere and hence you don’t come to... read more
The new CEO is making the chess moves typical of the steps that goes to cleaning the old leadership team. Watch the guys being kicked OUT one by one or all together shortly! The V's, A, the 2 G's will depart very soon tired of the stress they have to... read more
MetricStream employees job is dependent on quarterly revenue. This quarter revenue met because June layoffs and around 200 people resigned between June and September. September layoffs are postponed to December or January depends when revenue or... read more
The LinkedIn suggests that the MetricStream CEO Shellye has quit as the her tenure shows up as Jan 2003 to Jan 2018 ? What a new year gift to company! Looks like they are going to get acquired soon.
What do we know so far? Any updates?
Hehe. I too have worked for MS for 1 year & i was asked to leave without any reason. I even talked with Head of my BU but they warned me that if you want to know the reason behind mass culling we will give very bad remarks on your service letter. So... read more
Send Not just CTO, send all worst VPs, head of platform and AppStudio - what are these old guys still doing MSI? management should understand they are loosing project not because of employees, it is because of the worst vision and strategy that... read more
I was working in R&D group of Metricstream for more than 4 years, I recently quit,I have no vested intrests, but wanted to share my opinion thinking it might help others and the company.If you want work with out any accountability please join R&D... read more
Next layoffs are Not in September, the target is to bring down employee count to 700-800 by mid of august. So one more layoffs, don't wait if your rating in last appraisal is less than 4. If you want to wait to take my comments seriously then mid of... read more
MetricStreamers, another layoff is coming. Please look out for the job. First time after April layoff there were rumors that another layoff in September 2017. MetricStream Chairman and CEO called for all hands and said no more layoffs and April 2017... read more
MetricStream management thinking of selling company. They never thought of this situation in past so gave stocks to many employees when they joined. Now that is going to be crease loss for them since many employees had stocks, the only best way to... read more
First message to employees still with MetricStream.....move out in next three months otherwise you will be in the carogiry of people who are writing reviewes. If you have completed 5 years or 10 years you should go out immediately, if you don't then... read more
Seriously ridiculous ...I joined as a fresher in Metricstream and it was the biggest mistake of my life ..After 10 months i got call from HR and she said you haven't reach our expectation so you have to resign .. Ohh seriously??? When i was working... read more
I was in the 'not so lucky' list of employees. I felt my position may not be required but was lazy to not look out. I was called for a meeting and I understood why :(. My BU head explained the situation and handled it in the best possible way I... read more
Business model is going to get changed , so they do not need many people. Severance is fair and many are getting placed as partners. Count is approx. 130 this time (June). They let people go not based on performance but based on higher pay package... read more
Another 500 on the way out. Starting today.
I was laid off . My boss survived. But my boss's boss was laid off too. It seems clear to me that top management has managed to fool some prospective buyer , who must have asked MetricStream to clean and lean the headcount. Obviously the number of... read more
Today is the third and hopefully the last day for MetriStream layoffs. We have lost our friends our mentors and ours bosses . This wave dint differentiate for any post , expertise or level. Everybody suffered and today again we are here . We know... read more
The days are over when people had such an integrity that if a rail accident happens, the Prime Minister resigns taking all the accountability on themselves. In today's world, the big fish just blames the small fish for not being efficient. Nobody... read more
I been laid off before. Compared that it was decent process. mgmt explained the reasons gave me couple of months garden leave I can use time to find another job and I still getting paid. I can find job in less time than that I don't see the problem... read more