1.0
Nov 23, 2018
Anonymous employee
Former employee, less than 1 year
Recommend
CEO approval
Business Outlook
Pros
Magnitude's business model is to acquire obsolete technology with a marginal maintenance base, aggressive cost cutting- reducing key staff and overhead in the USA, moving development to India and re-branding as new products. Magnitude is solely focused on equity ownership's EBITDA. Don't expect innovation or investment in new solutions.
Cons
Magnitude suffers from inferior product portfolio of acquired, ancient, disparate, technology to the rapidly declining legacy on-premise ERP market), led by management that has no major software provider or cloud experience (check Linkedin Bio's of Magnitude Leadership), low compensation, poor work/life balance, high turnover and a toxic culture, led "old boy Texas" senior management team.