Thanks to SG's referral, I found the Glassdoor employee reviews of Getty Images, Corbis, and Masterfile quite enlightening.
Clearly, there is a lot of internal strife, turnover, turmoil, and morale issues at Corbis. You will never read about this in any of the trade rags but thanks to Glassdoor, we get clues as to how badly Corbis seems to be doing from the inside.
Regarding Getty Images, morale is a little better. Some comments about the recent buy-out and being managed by a private equity firm.
I found one comment particularly enlightening.
It seems istockphoto and its low-cost model appears to be a performance gem according to one employee.
Clearly, there is a lot of internal strife, turnover, turmoil, and morale issues at Corbis. You will never read about this in any of the trade rags but thanks to Glassdoor, we get clues as to how badly Corbis seems to be doing from the inside.
Regarding Getty Images, morale is a little better. Some comments about the recent buy-out and being managed by a private equity firm.
I found one comment particularly enlightening.
Quote
Getty is simply a company in a tailspin that isn't making any material efforts to save themselves. They like to talk roadmaps and handout little books on management de jour, but when it comes time to get accountable, everybody disappears. if it wasn't for the acquisition of istockphoto and allowing that business to run unmolested, Getty would have packed it up awhile ago.
It seems istockphoto and its low-cost model appears to be a performance gem according to one employee.
Quote
The company is for sale and most teams and resources are focused on reducing operational costs to make the bottom line look better to potential buyers. Many long-time employees have been let go, entire teams are being outsourced. There is no longer any pride or upside to working at this company, the most talented people have already left and there is an ongoing exodus of the people that remain. This is a dead end career for all but the senior managers that own stock and stand to cash out when the company is bought or goes public.