This Reddit post is by someone claiming to be a Nest engineer:
As a Nest engineer, I won’t say any numbers that aren’t public, but this company is already on deathwatch. Once that happens, most people will quickly have shiny paperweights because it’s a constant firefight keeping these systems up. We have $340M in revenue, not profit, against a ~$500M budget. No new products since the purchase, and sales/growth numbers are dire. Our budget deal expires soon, and all the good engineers on my teams have discreetly indicated they are going to flee once their golden handcuffs unlock (many have already left despite sacrificing a lot of money to do so).
Tony and his goons demand crazy timelines so much that “crunch time” has basically lost meaning. Just when your labor bears fruit, they swoop in, 180 the specs you just delivered on, then have the gall to call your team “incompetent” for not reading their mind and delivering on these brand-new specs. I waste most of my time in pointless meetings, or defending my teams so they don’t flip their desks and walk out. People fall asleep in corners and cry in the bathrooms, health and marriages are suffering. Already the churn is insane, close to half the company if not more. Skilled engineers can tell the environment is toxic, so we’re filling vacancies with mostly sub-par talent.
Wow. If true, that’s bad news, especially for people who have invested in the company and the company’s products. And if it’s not true, this is certainly a damaging post, as it’s flying around the internet.