Relentless Cost-Cutting: leadership appears to prioritize short-term profits over long-term stability, slashing budgets, laying off experienced employees, and outsourcing critical functions.
Toxic Executive Leadership: The C-suite is a revolving door of outsiders brought in to execute cost-cutting without delivering any strategies for growth. They have little understanding of the industry, no loyalty to employees, and zero interest in long-term success. Dissenting voices are berated or silenced, and employees are expected to work harder with fewer resources.
Culture of Fear and Mistrust: Employees are constantly in survival mode, fearing the next round of layoffs or a surprise restructuring. Transparency is nonexistent—decisions are made behind closed doors, and vague, buzzword-filled town halls offer no real answers.
No Investment in Growth: Instead of innovating or supporting teams, leadership focuses on financial engineering—cutting costs and liquidating inventory.
High Turnover & Burnout: Talented employees are leaving in droves, and those who stay are overloaded and undervalued.
Uncertain Future: Without a long-term strategy or vision in place to re-set the business it's unclear where this company will go.
For a company whose values statement claims to "Put people first", currently the employee experience couldn't be more incompatible with that statement. Instead it's just another cool outdoor brand being pillaged by private equity.