Transaction Network Services

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Transaction Network Services Reviews

38 Reviews
38 Reviews
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Mike Keegan & Surendra Saboo
2 Ratings
  1. 7 people found this helpful  

    Circus…a dying circus

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in Reston, VA
    Former Employee - Anonymous Employee in Reston, VA

    I worked at Transaction Network Services full-time (more than 3 years)


    Located in Reston, which was convenient for the commute.
    Friendships developed with my ex-colleagues


    Belonging to Private Equity. The PE firm that bought us, Siris, is not motivated to invest in capable senior management or in new areas of growth. The company is stuck in legacy business and won't invest in new growth areas. Half of the management was looking for jobs elsewhere, and the other half is frightened to make decisions.

    Advice to ManagementAdvice

    Split the company in three…Payments, Telecom and Financial. There is no synergy between the three…so let the three go off on their own. The Telecom section where I worked would blossom by itself and with energetic and new management that understands mobile technology. The latest CEO change is not enough. Hopefully they are looking for a permanent replacement instead of leaving a care-taker.
    If nothing changes, people will continue to leave. People do not want to stay somewhere that is slowly dying.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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