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I happened upon this write up from some Getty IT employees when I was looking for something else. Can't say I'm surprised to hear some negative comments. Interesting to hear that they're outsourcing some software work to South America - stretching the communications lines like that can be pretty tricky
Quote from: jsnover on December 03, 2012, 01:30I happened upon this write up from some Getty IT employees when I was looking for something else. Can't say I'm surprised to hear some negative comments. Interesting to hear that they're outsourcing some software work to South America - stretching the communications lines like that can be pretty trickyThat's very interesting. Type in istockphoto and you see some revealing details:"Cons Paralyzed into inactivity for fear of something going wrong. Entire teams told to stop doing any work leading up to the most recent sale of Getty Images (parent company) from H&F to Carlyle Group.""Policy is set by parent company (getty) in Seattle. There is no option to create change or improvement short of being transferred down to the USA.""After weeks and weeks of announcing that "nobody is getting laid off" they had a round of layoffs... and then a second round a couple months later.""Management handled the integration with Getty Images very poorly and we lost a lot of domain knowledge as a direct result.""Advice to Senior Management You're amazing at not answering questions, but we're not fooled by double talk and it only serves to grow resentment with the employees."
Whow! Those reviews are unbelievably bad. Most of all they confirm the impression we have - that the management lacks vision and personal accountability. Very frustrating to read that istock apparently saved them for a while and now istock is being brought down as well.Ive read reports from other companies in general and there is a much better spread of comments. In the beginning I thought glassdoor would be a place for people venting, but many companies have excellent reviews. Very interesting website. And a good example how the internet can help to bring transparency. "Really enthused to start, but quickly realized the organization can not deliver on projects Former Employee in Seattle, WA Reviewed Jul 9, 2011Pros everybody out the door by 5pmvery low pressure - 0 urgency to get anything done on timegreat location and comfortable officepeople and personalities are generally agreeable and entirely unremarkableCons Management spends months talking about product roadmaps but not even the simplest projects get done. The site looks and works exactly the same as it did 4-5 years ago""Advice to Senior Management Getty is simply a company in a tailspin that isn't making any material efforts to save themselves. They like to talk roadmaps and handout little books on management de jour, but when it comes time to get accountable, everybody disappears. if it wasn't for the acquisition of istockphoto and allowing that business to run unmolested, Getty would have packed it up awhile ago."advise to any potential acquirers - PASS or gut that management from Director Level up."
"Advice to Senior Management You're amazing at not answering questions, but we're not fooled by double talk and it only serves to grow resentment with the employees."
Gold star jsnover !But this surely demands a thread of its own because I think that many people who would like to see this will miss it here. And the snippets which others here have already highlighted. Title could be something like "IS - Getty insiders speaking out ..."
Also check out this from a buyer on the iStock discussion forum:http://www.istockphoto.com/forum_messages.php?threadid=349485&page=1(I have a copy of it in case it's Lobotomised)
I've asked Leaf to move this part of the thread to a new topic
Plan B is we buy it out and set things right?
...How can any human being with common sense in upper management believe that everything is alright?...
- Contributors are mad
Quote from: click_click on December 03, 2012, 22:00- Contributors are madno, we are fine!BTW just got a sale for 4.5$ (16%) and iStock share was 23.62$
Type in istockphoto and you see some revealing details:"Entire teams told to stop doing any work leading up to the most recent sale of Getty Images (parent company) from H&F to Carlyle Group.""After weeks and weeks of announcing that "nobody is getting laid off" they had a round of layoffs... and then a second round a couple months later.""Management handled the integration with Getty Images very poorly and we lost a lot of domain knowledge as a direct result."
everybody out the door by 5pmvery low pressure - 0 urgency to get anything done on time