Great colleagues, poor management - Anonymous employee Cappex Employee Review

The company grew at way too fast a rate (nearly tripling in size in 2 years) and then as a result of poor management decisions ended up having to lay off 20% of its staff a few weeks ago. This effected literally every department, and most of the people laid off were those who had spent several years giving their blood, sweat and tears to the company and were really invaluable to their teams. In reality, they should have done everything they could to retain those employees even if it meant having to get rid of some of the management, who really were responsible for getting the company into that situation. You definitely form very strong bonds and friendships at Cappex. The people I worked closest with will probably always be part of my life. Because of these strong bonds, morale is obviously at an all time low after they destroyed all these teams. I've heard it described as a feeling like somebody died in the office right now. HR, while not the worst I've worked with, certainly isn't the best. There were numerous times I came to them for support and basically had my concerns dismissed. The way the layoffs were handled was disorganized and unprofessional, leaving people with even more questions and uncertainty than there already was. It now seems they're grasping at straws to try to retain the talent they have left, as this whole situation really revealed the company's true colors. If you decide to work at Cappex, you will definitely find supportive team members within your department which will help a lot, just don't necessarily expect to find a lot of support from management.