Management Team has no idea what they are doing - werkgeversreview Individual Contributor bij Indigo

Indigo acquired Tellus(mostly people from BCG) a while back and now BCG is taking over everything at Indigo because they are good at making slides. The company hired way too many consulting people from a management consulting background. A few of them are good and they know tech. But most of them have no technology background and have no idea how long it will take to build some infrastructure from the ground up. They keep making impossible promises and starting new projects that do not work. Management team is full of lies and all they do is making slides with data that nobody knows where it comes from. All hands meeting every week just slowly becomes a joke. Obviously cash flow is a big problem so they have to layoff a lot of ppl in the last 4 months because no business model works for Indigo so far. There is no current CFO at the company because they can not find one...The company is very likely not going to survive this year. For some teams they laid off all the individual contributors and left out the directors only. How ironic. A company that has more managers than individual contributors .