Westlake-based Hyland Software Lays Off Nearly 150 Employees, Outsourcing Jobs to India, Poland
Summary
The mass axing "came out of left field," according to a former employee, and was communicated to unsuspecting remote workers in a pre-recorded Zoom message Wednesday morning.The layoffs reduce the department by an estimated 1/8th, with software developers, quality assurance specialists and testing engineers all unceremoniously getting the boot. CEO Bill Priemer joined Hyland as the VP of Marketing in 1997 and touted the "family" dynamic of Hyland in a recent local magazine profile For employees within the large product delivery department, two Zoom meetings were announced Wednesday morning with the vague header "Product Delivery Update." ("We care deeply for one another and help each other achieve maximum personal potential while maintaining a healthy work-life balance," the Family entry on Hylands core values page reads.) "Hyland has been acquiring companies left and right for the past few years, making money hand over fist for its majority owner [ the private equity firm Thoma Bravo ]," one former employee said. Back in June, 2020, CEO Bill Priemer announced that due to Covid cost-cutting measures, employees wouldnt be able to roll over vacation time from 2020 to 2021.
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