Trouble Ahead - Anonymous employee Absolute Employee Review

Recent announcement to divest companies purchased within the last 5 years suggests that the company made a serious strategic blunder investing in those areas and will be now be experiencing significant fallout. Company is a one-trick pony completely dependent on a seriously eroding PC business. Heavy investment over the last 5 years was made on products now to be divested, at the expense of products that remain. The company is left with a "dying on the vine" product that has had very little recent investment to keep it current or relevant. Senior management should get "F" for allowing this to happen. We all know what happens next. Costs will be slashed, employees will be let go. The bleeding has already started and many pink slips have already been issued. This will continue as things are likely to get much worse before anything gets better. At least they have a nice new logo.