Shut down after shut down
Pros
Good technical people Stock USED to be good - but not anymore.
Cons
The management STILL think they are running a startup and they are doing everyone a favor by letting them work there. The still think everyone there will get rich and work them hard. Those same technical people are very arrogant. Coupled with a CYA environment it can be very frustrating to learn since they'll jump all over your but if you admit you don't know something. Profit sharing has been decreasing ALOT. I remember when it went as high as 68% but now it stays in the high 30's. Not good. Especially with the lower salaries. Old equipment. Mgmt is good at encouraging employees to save money. In the past that effort was rewarded with higher profit sharing. Nowadays, there is no incentive to slog through using old equipment and making my job tougher. Especially since I'll never benefit from my effort to save money. Very little opportunity for advancement. Mngment has given up ALOT of business and the company has had slow growth. Things they say in EVERY quarterly meeting: 1) Keep your nose to the grind stone!!!! -- (so mngmnt can benefit while the workers are stiffed) 2) Wall street doesn't like us but they'll soon see how good we are --- It's been over a decade and wall street hasn't noticed yet. WTF is mgmnt smoking?!?!?! 3) Let's keep costs down --- So mgmnt can benefit while they keep lowering profit sharing?
