The company's approach to recruitment is troubling, as they appear to have pursued a hiring spree targeting high-salary individuals without a sufficient level of transparency regarding their practices. To make matters worse, there have been reports of salaries being reviewed and reduced, which understandably raises concerns.
The lack of a clear vision and strategy is a further issue, which only compounds the troubling reports of the company's lack of delivery capabilities. The fact that only former IBM employees remain after the recent layoffs suggests a lack of diversity and potential favoritism, which can have a negative impact on morale and company culture.
The company's reported practice of promoting individuals based on personal relationships rather than their qualifications or skills is distressing, especially in light of the lack of understanding of the consultancy business by those in leadership positions. It is disheartening to hear that those who excelled in their roles were let go while others were retained.
The process of layoffs being expedited and compensation being poor is unacceptable, and it is understandable why you would feel disillusioned with the company. It is important for potential employees to carefully research a company's culture and management practices before accepting a job offer, and to be cautious of those that may not prioritize transparency and fairness in their operations.