Management is clueless about how to effectively run this company or retain talent from the top down. Their lack of understanding of what their employees do, or how difficult and valuable the roles are (given the merging of three separate companies) is clear in their lack of direction, poor pay, and tanked stock price. And because they are clueless, they continue to hire from outside and/or promote people who will reinforce this confusion that is rampant throughout the organization, especially in the marketing department, where are there 3-4 director-level people for every individual contributor. Individual contributors cannot move up the ladder because they are the only ones who understand how to do the job they are in, and those who are promoted merely know how to talk the talk.
C-Suite leadership is also incredibly tone-deaf. With the CEO bragging on a public call about his several multi-thousand-dollar cases of wine in his wine cellar. And the Chief Marketing Officer encouraging the team to contribute to their 401k by recounting that HR mentioned to her she was leaving money on the table by not contributing, and she stated that she was fortunate enough to not need a 401k, but we should all make sure to contribute!
