Partech -$400M since 2018. ~15 rounds of layoffs since then. CEO pulled +$50M in salary! 30 under 30 club representing! Well done! >10% of the company is nepo. Capitalism is totally fooking broken. Don't work here, and if you do, leave.
Over 100 Employees Terminated this week
PAR can't make money
Layoffs in January
Nearly every year, we've had major layoffs right about this time. What are the chances that PAR Technology has the same plans for us this year?
MASS LAYOFF 12-13-2022 , 10%+ of company, first of multiple rounds
Company isn't profitable, poor execution, was running on corporate debt. Laying off tenured employees to stem the bleeding. Highly nepotistic , Savneet Singh hires friends and family, made his brother in law the CGO
PAR Technology circling the Drain
All these decades of cronyism, nepotism and mo–nic management have taken their toll. losing their biggest customer for almost FORTY YEARS, Over 25% of gross revenue and no new product in over 10 years. Time to close shop
Daniel McShea financial advisor IFS securities Atlanta Georgia
Is John Sammon still involved with the company?
Layoffs at PAR Technology
Not sure exactly how many people are affected, but I think it's somewhere between 50 and 100. Any chance somebody knows more details?