Topics regarding layoffs at Perficient Inc.

Topics regarding layoffs at Perficient Inc.

Utilization rates to bill 4 of 5 days in the week

Discussion of 75 to 80 percent utilization rates for each month are common. 4 out of 5 days of the week billable hours equates to 80%. Fall below 75 percent utilization for a month in general consulting industry practices and you are quite close... — read more 

This doesn’t make sense

“We remain well positioned to continue to execute against our long-term strategy and goals,” said Tom Hogan, Revenues decreased 4% to $222.8 million from $231.1 million in the second quarter of 2023; Net income decreased 34% to $17.4 million... — read more 

Actions over words

Ever notice when someone leaves Perf, they become “somebody I used to know.” I rarely see Perf employees supporting former Perf employees on LinkedIn. No congrats on new jobs, promotions, life changes, etc. Is it that you don’t care about former... — read more 

F this place

Seriously. I’m so tired of losing coworkers and never hearing about them leaving. We act like they were never here or added value for years. Feels so immature. And it speaks directly to how our leaders feel about us.

SEC ANYONE?

With the stock price drop from July ‘23 til the sales announcement, could these be a reverse pump and dump? Did our leadership crash the stock value, pick up cheap shares, and then collect once the sales announcement has locked our overpriced... — read more 

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Post ID: @OP+1sLaPv4o

No straight answers

Employees First? Or “Bonus’s are XX% this year. Your total is $XX.” “Thank you, but $xx is not xx%, it’s maybe half of that. Why the discrepancy?” “Bonuses are a privilege.” “No, they are part of my comp plan. My bonus is 15%, 50% of that is... — read more 

Perficient looking to be bought out or go private

Bloomberg 30-APR-2024 reports “Tech Consultancy Perficient to Weigh Potential Sale” Looks to go private or get bought out. Expect lots of cost headcount cuts if private equity buys Perficient. Good for executives and bad for everyday employees. A... — read more 

Sales commission cuts, people are leaving

Holy smokes, new wondermind CEO has cut sales commission 60% and Director bonus’s were close to zero. Wonder why people are leaving??!! Clients are dropping us. Leadership here is a joke. This is what happens when “people first” talk is as far as... — read more 

Technical Architect

Layoff with no severance - after 9 years of billing - no project or client means you are laid off. No diff bw FT or contract.

WHY DON’T WE TALK ABOUT LAYOFFS

Dear Senior Leaders - GROW UP. When we cut people, which is often and our own faults as leaders, why don’t we tell people?!? We act like resources just never existed. Amateur hour leadership.

Find high margins or lose your job

Estimating and margins are a complete rip-off here!! Sr management and BU leaders demand a minimum 52% margin. To achieve this, estimates use higher role/titles with high hourly rates and regularly assign lower roles at lower (below market) rates. ... — read more 

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| 925 views | | 1 reply (January 18, 2024)
Post ID: @OP+1q0zsiaS

Shoulders hurt

From patting ourselves on the back all day. Our stock price is poor and dropping. Flat / no growth earnings. Management is arrogant and delusional, way too cool to mentor or hang with the “billable” staff. Once the job market rebounds, we’ll see an... — read more 

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| 831 views | | no replies yet
Post ID: @OP+1pYdoUw2

Why keep RIF’s secret?

I’ve been buried in a project and finally had time to reach out to a past project resource regarding some advice. Found out the person was let go months ago due to a project cancellation. These things happen, but why does our leadership stay so... — read more 

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| 550 views | | 1 reply (October 12, 2023)
Post ID: @OP+1p3CIzf2

Getting worse by the day

I thought moving into leadership would improve my career. But now that I see how shallow Dir’s and BU leaders are about their “resources”, I’m disgusted. This is not a People First organization.

Classless org

Openly working against team members to get them assigned to projects. Hours drop, so they call it a “separation”. Lost 401k and zero severance. This place is body shop, no matter how they like to spin the message. Friggin clown show now with DEI... — read more 

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| 1071 views | | 5 replies (last October 12, 2023)
Post ID: @OP+1o50q27Y

Worst company if you are on OPT

Worst company to work for. The company has more directors who just keeps roaming without any communication for projects. It's pure body shopping. If they can't find suitable project they will just fire without any notice. Worst higher management who... — read more 

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| 4054 views | | no replies yet
Post ID: @OP+14KZQD4n

Terrible Company for consultants

This is a company that hires when it has a project about to begin. Once the project is over your job is in jeopardy. If you are not on a project in a few weeks you will get a call saying it is your last day, no notice. They are no more than a body... — read more 

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| 5060 views | | no replies yet
Post ID: @OP+KsoUry2

WORST COMPANY TO WORK...

At Perficient, you are safe until you have projects, if not the employee will be terminated without any proper notice... Also there won't be any visibility about organization. Worst and risky place to work.

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| 3133 views | | 1 reply (April 30, 2015)
Post ID: @OP+Bgg4kSn

It's getting worse

Morale is very low at Perficient - you cannot describe it. The cuts will come in 2014

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| 2178 views | | no replies yet
Post ID: @OP+t61eLCW

At Perficient, CLIENT is everything, if you get one or two reviews that are worse than average you will be fired with No Notice and No Salary...

At Perficient, CLIENT is everything, if you get one or two reviews that are worse than average you will be fired with No Notice and No Salary and they only have few clients and mostly do time and material or staff augmentation projects. Every time... — read more 

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| 3400 views | | no replies yet
Post ID: @OP+q1LIn7a

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