Bought by a vulture fund, jumped into the layoffs bandwagon, shutdown a whole country operation
Pros
The Gracenote product line is amazing to work at, as it is largely comprised of laid-back folks that have known each other for years and come with a great company culture.
Cons
The larger Nielsen organization is a bureaucrat's dream. They go from reorganization to reorganization, trying to find ways of optimizing their many useless functions. There's also lots of corporate-lingo -ladden internal communications and a whole executive branch dedicated to Diversity, Equality & Inclusion initiatives that ultimately lead to nothing, except keeping people's calendars busy with useless videocalls and broadcasts. Last year the company was acquired by Elliot Management, the well-known vulture fund, and early this year the mass lay-offs began. Valuable team players were fired on the spot, leaving key areas headless while everyone else had to figure out how to move on. One week after the layoffs, the CEO went on a global townhall, totally tone-deaf and all smiles, with only a passing mention of the lay-offs, like business as usual. Now it's all the Argentina and Australia operations being shutdown. In the particular case of Argentina, this office used to serve the whole LatAm region and the whole operation was haphazardly moved to Mexico, where they hired about 100 employees to start from scratch, with little to no experience. Expect customers to start complaining about a poor quality service. In conclusion, while the company boasts a recognized brand and a talented workforce, its entrenched bureaucratic framework presents formidable challenges. The labyrinthine nature of decision-making and arduous processes restrain efficiency and agility. Aspiring individuals seeking a dynamic and adaptive work environment may find themselves confined within the frustrating web of this organization's bureaucratic mess.
