It is almost impossible to imagine that a profitable company functions this way, but courtesy of the blog Statically Typed by wheaties we have one horror story after another. Just wow. And he tags it Mea Culpa!
I think the most unbelievable part of the story is the part about how subversion hiccuped on them and they therefore threw out version control (!!!). Of course the naming convention on the file system isn't going to do much good if that hard drive crashes. Do these people even know what backups are???
Whatever it is, I want to know where he works so I can be sure to never, ever buy any of their products.