Smartsheet culture has changed drastically over the years. When I started here years ago, it was a genuinely cooperative culture. But Smartsheet's early success with their IPO attracted career managers (including the current CTO), especially from Amazon who I assume wanted to ride the wave of growth Smartsheet was having.
They changed the culture to introduce stack ranking. Employees are ranked on a complicated matrix of past performance and anticipated future impact (AFI) with 3 ratings - lagging, on par and pacesetter. Employees that fall under the bottom 3 boxes of the matrix (anything lower than 'on par' for 'past performance and 'on par' for AFI) are rounded up for improvement. In the past, the performance improvement plan (PIP) was more reasonable and genuinely sought to help employees improve. But now that time are tough (with the 2022 tech layoffs), it's more about managing them out.