Beware! Owned by Private Equity Firm Thoma Bravo - Anonymous employee Medallia Employee Review

- As soon as Thoma Bravo took over, everything has gone down hill. They recently forcibly repurchased vested shares from their laid off employees for $0/share. In other words, they got rid of a huge part of these employees' compensation after awarding it to them. - They also laid off a huge chunk of their product team for products that they considered priorities for their company. Some products have no support and many relied on the product team's help to deliver implementations given that they're not stable. - Most of their executives have left in the recent months after being with the company for many years