- May 1, 2006
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- Alex
I'm hearing some rumors on the street that HigherGear is having some issues. I've heard from 3 different sources now that they have laid-off a big chunk of their staff. I hope everything is okay 
A DealerRefresh user reports rumors that HigherGear has laid off approximately 70 employees, prompting discussion about the CRM vendor's viability. Participants attribute the company's struggles to outdated technology architecture that prevents innovation and product evolution, contrasting this with stronger competitors in a consolidating vendor marketplace. The consensus suggests that CRM vendors failing to invest in R&D and continuous innovation face obsolescence, particularly as the automotive industry experiences broader consolidation among manufacturers, dealers, and their technology partners.

A DealerRefresh user reports rumors that HigherGear has laid off approximately 70 employees, prompting discussion about the CRM vendor's viability. Participants attribute the company's struggles to outdated technology architecture that prevents innovation and product evolution, contrasting this with stronger competitors in a consolidating vendor marketplace. The consensus suggests that CRM vendors failing to invest in R&D and continuous innovation face obsolescence, particularly as the automotive industry experiences broader consolidation among manufacturers, dealers, and their technology partners.