The cuts were inevitable, i'm glad i was out of the company before the 2nd round of redundancies.

Prior to the new Management in the EMEA Offices, the product was stable and heading int eh right direction, recently, too many chef's have changed the focal direction, and re-changed the focal direction which has caused the Visto wave of redundancies.

The management are not all with the product, there are some executives that cant even install the simple product on their own mobile phones and need assistance. How can this type of management actually go to customers to sell the product when they are unable to prove its installability themselves.

And additional funds are used on silly golf outings in Spain, instead of finding new staff to fill the support holes and product development issues.

I can't see Visto getting very far, they will be swallowed up by a bigger player after draining all the funds they have on legal cases, and then the shares are worth peanuts for those that own a minority of shares.

In the end only the board of directors and senior managers with a vast amount of shares are going to prosper in any deal.

especially since the original employees in Support and pre-sales hired direct by the USA (prior to the existing EMEA setup) are now almost gone to make way for those that are in favor with the new EMEA management.

The new management have destroyed the Visto EMEA entity and all of us left here ARE looking over our shoulders - to see who is next to be frog marched out the door.

From the top management (VP level) here right down thru all levels the stink of nepitism is overbearing not just in the UK but other european countries too. Look far enough back thru these managers' (and their recruits) careers on sites like LinkedIn and you'll see that at one time or another they nearly all worked together - somewhere.

It may be cost cutting to make savings - true I guess, but to cut the "originals" and "best" to make way for those who's face fits - the that really sucks. The best Domino engineer - gone, the best trainer worldwide - gone to make way for and retain people that they can "control" and not speak out - hardly the way to run an operation where the managers can't even use the product.

Like your article says "I guess our share options won't be worth much now either, huh," said once source. "We're all on the job hunt here - never seen so many job website pages open in one place before." - Never a truer word spoken................;

The comments are so true... nice one Anonymous Coward....

And its funny how Mr Watkyn's buddies are still in the company and the old school staff have been pushed out? The guys with years of knowledge are out and new Watkyns faces are in.

But then again that was always the case once the VP for EMEA was hired.. I'd say Visto is a "family" company now, with all senior member knowing each other or having worked with each other in previous roles.

.... of the more fundimental problem that the people/person at the top does not understand the difference between strategy and tactics. This is fine in a small start up, but as Visto grew rapidly the senior management structure needed to evolve as well. The strategy being decided at board level and the implementation of that strategy given to the next level of management without continuous interference. At the senior management level in Visto the deliniation of responsibilities was vague beyond belief, with everyone sticking their fingers in every pie they could see and this was driven by the example set by the man at the top.