DOGE PEU Executives Telecommute while Nutcutting

WaPo reported:

The Treasury Department is appointing an ally of billionaire Elon Musk’s U.S. DOGE Service to a senior position in the department overseeing the nation’s powerful payment systems, according to two people with knowledge of the matter, who spoke on the condition of anonymity to reflect private deliberations.

Tom Krause, a Silicon Valley executive with ties to DOGE, will become the financial assistant secretary of the Treasury Department, the people said. He replaces David A. Lebryk, who resigned after objecting to Krause’s demands to stop payments on foreign aid – a measure Lebryk resisted as illegal. 

Krause’s position will give him control over the Treasury Department system responsible for disbursing more than $5 trillion in annual payments, including for Social Security, Medicare, tax refunds and thousands of other measures. Musk has demanded on social media that Treasury unilaterally stop sending these payments, accusing the department’s career staff of breaking the law.

Krause became CEO of Cloud Software Group after a private equity underwriter (PEU) buyout of Citrix by Vista Equity Partners and Evergreen Coast Capital, an affiliate of Elliott Investment Management.  Workers evaporated under Krause as interest expense, EBITDA and ROE became a higher priority.

CRN reported:

Tom Krause will continue to hold the top job at Citrix parent Cloud Software Group while working with the U.S. Department of the Treasury and Elon Musk’s Department of Government Efficiency (DOGE). 

 Krause told CSG employees in an email viewed by CRN that he is advising the Treasury as a “special government employee,” which is “in addition to my duties as CEO of Cloud Software Group.”

It is the era of high paying, multiple full time gigs for insiders.  If you have multiple full time gigs you are telecommuting somewhere.

The Department of Greedy Executives (DOGE) panned telecommuting as "morally wrong", a "COVID era privilege" and "no longer acceptable."  They do not see the log in their eye while pointing out the stick in the telecommuter's.

PEUs occupying Cabinet jobs and high level agency appointments is a decades long bipartisan tradition.  PEU political appointees generally did not apply their draconian takeover strategies, preferring instead to bill Uncle Sam for high dollar government consultants and public sector focused software firms.  The Carlyle Group owned Booz Allen Hamilton.  KKR sponsored TASC.  Blackstone bought Civica, a global leader in public sector software solutions.

Tom Krause's history is clear.  A nutcutter is advising Treasury.

Krause has a 20% approval rating on Glassdoor.  Consider this recent review:

It used to be a great place to work until Tom Krause took over as CEO. Where to start... 

1) Cloud Software Group (CSG) is all about EBITDA/profitability. While I understand that every company must be profitable, this is far beyond reasonable. 

2) Transparency is a huge problem. Don't listen to what they say; pay attention to their actions. Their actions will tell you more than anything else. 

3) The commission compensation plan is terrible. The commissionable employees earn much less than they used to under the old CEO. 

4) Tom Krause, CEO, is the most egotistical person I've ever met and is seemingly incapable of making good decisions. Because of the constant changes and layoffs, productivity is at an all-time low. Unfortunately, Tom Krause only hires yes-men, so this will likely continue. 

5) Tom Krause has zero integrity 

6) Finally, don't expect to stay long if you have a job here. Several deep staff reductions occur throughout the year. The few remaining staff members are either looking for another job or stuck at Cloud Software Group for one reason or another. 

If you're someone who thinks, "How much can the CEO impact my day-to-day work?" I'll tell you... He'll ruin your life. Find a workplace that will treat you well and compensate you fairly for your work. These are just SOME of the cons. There are many, many more.

The point about executives impacting day to day work can be seen in this review:

Senior leadership is completely out of touch with the needs of both customers and employees, often making decisions without considering how they’ll impact the front-line teams or customers. 

The company’s IT and support services have been outsourced, leading to slower response times and unresolved issues, causing significant disruptions to both employees and customers. 

Micromanagement has reached a new low. CEO Tom Krause personally approving low-level tasks, like new hires, performance reviews and promotions, is just one example of how leadership wastes time on trivial matters instead of focusing on strategic direction. 

The employee rating system has been weaponized, forcing managers to name underperformers even when there are none, damaging morale and trust within teams. 

There is no longer a clear vision or mission. All focus has shifted to immediate revenue, and the company is losing long-tenured technical talent in droves due to frustration with leadership and direction.

Installing PEU henchmen to rapidly crapify federal jobs is yet another Trump degradation.

“Now the whole country gets the experience of what it’s like when private equity buys the place you work.”

Update 2-9-25:   Krause was mentioned in an article about Booz Allen Hamilton walking back their concerns about Treasury data access.  It said:

The Treasury’s most senior career official retired abruptly following tensions with DOGE team members over granting them access to the sensitive system that oversees trillions of dollars in federal government payments. 

 The official, who held the role of fiscal assistant secretary, has since been replaced by Tom Krause, one of the representatives of Musk’s team, even through the role has traditionally always been held by a career Treasury official, and not a political appointee.