1.0
Apr 15, 2019
Current employee, more than 3 years
Recommend
CEO approval
Business Outlook
Pros
The take over not yet fully complete. Staff cuts not yet taken place. Since the Robert Maxwell incident, there are legal safeguards in place to (hopefully) protect our pension.
Cons
Fidessa recently taken over by ION. They delayed annual bonus (earned prior to takeover) before eventually saying it wouldn't be paid. Fidessa board recommended takeover with sole consideration being the price of their own equity in the company. Millions in company equity to outgoing management -paid for by removing annual bonus from staff No information from management