We didn't think it possible, but things have gone worse with the new management: nepotism with "band of bros" culture from UK colleagues, disregard for local talents, inconsistency in strategy and high level of opacity. Waves of departures / lay-offs, many of them going to the client side, which made the situation worse. Some questionable promotions have challenged the remaining credit the management had, encouraging further departure. One day you get a strategic pet talk on how good things are, the next one 20 people are laid off without any explanation.