A Turd Company in an Industry which is Circling the Drain
Pros
I worked remotely and was paid 70k a year but that was because I had negotiated that prior to Saxotech being acquired and rebranded Newscycle Solutions. Original people were cool and fun to work with. They were originally located in Florida so nice sunny weather, like being on vacation all the time after work.
Cons
They asked everyone to not freak out about the acquisition and leave, then very shortly after laid off most of the best people they could afford to lose. Told us they would take our health care and leverage their financial strength to get us better health care that would cost much less (which would have been amazing because we had fantastic health care at very good prices). Instead, we get terrible new health care at a significantly higher cost to us, the employees. One guy's wife was dying of cancer in the middle of that mess and we felt so sorry for them. Moved company to Bloomington, MN. Hell has freezeth over! Those Florida people didn't even own a real winter coat! One woman went for training there and said it was like Siberia! Seriously, like -20 degrees F without a wind chill. Why would you do that? Florida was a major selling point to get people to move there! Oh, yeah, its because companies are trying to make that area the new "Midwest Silicon Valley" which should be read as "cheap Midwest labor while hoping for West Coast talent". Hrmm... I'm a talented and skilled technology professional and where would I rather move to? Freezing tundra surrounded by hillbilly country? No thank you. Once they got the 6 month knowledge transfer from the necessary remaining employees they then laid off most of those poor souls. I was in that crowd. Basically, if you didn't know how to negotiate and were paid under a certain level you got to stay. Unfortunately, most of those people didn't have a degree or formal training and had just got lucky and came from the Journalism industry which paid peanuts and anything was better than that. Reading through these reviews, it appears layoffs strike every six months or so. Seems to have kept rolling that way since day one and has apparently followed that pattern ever since. How can people live this way, not knowing if they'll be next? That's just terrible! Only someone with little choice would stick around for that! I could go on, but hey, simple fact is the print and news publishing industry doesn't have the advertising model or revenue it used to command and has miserably failed to adapt to emerging and competing communication channels in a timely manner. Thus, the companies which provided the technology services to those publishers were balancing on an a knife's edge, desperate to minimize costs in a declining market where new customers were nonexistant. Hell, they were easy pickings for an acquisition company to swoop in, buy them all up, and just wreck the joint.