One Identity is in the process of being folded back into Quest with a (rumoured) serious amount of layoff's due in the next fortnight, including an expected massive hit to support (both One Identity and Quest) - which is already far too slim. Its true that Dell made massive mistakes in the ownership of Quest (they simply didn't understand the difference between hardware or software) but the new CEO appears to be making changes to the company that it will never recover from.
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Everything Quest does now is about cost cutting.
They are just a nearly dead brand hoping to hang on long enough for a good exit. Their restructuring efforts have nothing to do with trying to grow its all about shedding cost.
Budapest hiring is due to cost cutting and to replace another dev team, support layoffs to be announced today (nearly 50% of the global support team) with a tiny amount of back-fills to the cheapest parts of each region (Budapest, Panama)
Gone are the days that the company cared about customers and the service provided
Hopefully the UK leadership are the first to go, but for God's sake don't place it anywhere near the useless leadership team' in Cork or we'll get Mike Maugher's niece, the director's best man / childhood friends and the DP manager's boyfriend running things
It's odd that One Identity has 20+ jobs open in Budapest just in the engineering side. Either they're trying to hire replacements for more expensive devs or they've had a mass exodus and are trying to fill things back up. Or they could just have them out there to make it look like the team is growing in order to make the sale better.
Well, Good riddance to bad rubbish. The One Identity debacle was a mess led by a mo–n and was a contributing factor to why my company stopped using Quest Software.
Eventually, they'll come around. Worst case scenario: after realizing they have tanked the business.
The CEO has no intention of trying to recover Quest. He's in the same position as Mortimer and Randolph in Trading places - Sell, Mortimer! Sell!! Francisco Partners seems to have received the wrong crop report and spent a lot of money on a company that Dell had already sent down the road of despair.