Interesting. A company like ThoughtWorks doesn't seem to fit the typical private equity playbook. Assuming that most of the employees, for example, are assigned to consulting gigs at customer sites...you can't just start laying people off. What would drastic cost cutting look like at ThoughtWorks?
Edit: Or maybe there are a lot of people "on the bench" or middle management is overstaffed?
Take these comments with a grain of salt. If anyone is going through a PE buyout and is nervous about expectations, feel free to reach out to me...I work with a lot of PE firms on tech deal and know the drill.
Interesting. A company like ThoughtWorks doesn't seem to fit the typical private equity playbook. Assuming that most of the employees, for example, are assigned to consulting gigs at customer sites...you can't just start laying people off. What would drastic cost cutting look like at ThoughtWorks?
Edit: Or maybe there are a lot of people "on the bench" or middle management is overstaffed?
This discussion might be enlightening: https://news.ycombinator.com/item?id=12458683