Apr 25 2008
Autonomy - aptly named, their way or the highway?
I’ve heard recently from a couple of ex-Zantaz employees. It seems there is a fair amount of unrest and turnover at Zantaz following the recent Autonomy mind-meld. Unhappy campers, to say the least.
Furthermore an anonymous source adds “Zantaz had a couple more layoffs this year across multiple departments such as QA, engineering and services. People also have been leaving voluntarily at all levels from Boston and Pleasanton office. More people will leave, especially from the Boston office as they have been overworked and some are “forced” to work over 80+ hrs a week without additional compensation. Annual performance review has been eliminated, some say to ensure that employees will not receive compensation adjustments.”
As noted by Ferris:
- The recent acquisition of Zantaz by Autonomy is proving painful for many people.
- There appears to be a culture conflict between Autonomy and Zantaz.
- Zantaz developed quite a strong channel. Autonomy appears to have little interest in this.
As with any acquisition, there’s bound to be overlap and areas of employee redundancy that need to be addressed. And that’s to be expected. However, layoffs in key departments in a market that is white hot, doesn’t make much sense. I know a few people over there and they’re all legacy Zantaz folks. Professionally strong, technically strong, people who built a good business. It’s a shame when this type of situation happens because no one likes to see an implosion in the making and no one like to see good folks in a not-so-good situation.
On the Mark