Going from bad to worse - Anonymous employee OCLC Employee Review

The company continues to be horribly mismanaged. Culture and moral are extremely low across the board. The company is essentially stealing from the poor to give to the rich. ~10% of the workforce was laid off while upper management saw massive salary increases. In the midst of layoffs, Directors were promoted to Executive Directors, Executive Directors to Vice Presidents, and Vice Presidents to Chiefs, while everyone else was told that no promotions will be considered, and to take your 2.5% increase (below inflation) and be happy. All while cuts in staff have increased the workload for those that remain. The only people happy and prospering are upper management. There are only crumbs left to everyone else.