Used to be a great place to work - Recensione dipendente - Manager presso Engineering360

GlobalSpec was created to help engineers source products and suppliers. As of 2020 that side of the business was completely unsupported. No idea what their business model is now or how the site is still useful to engineers. Company is directionless and a shell of what it once was. Leadership is clueless and doesn’t understand the product or the target audience. They talk a good game but then don’t follow through. Big initiatives started and then just dropped without warning. Huge layoffs, furloughs and pay cuts for those who remained in 2020. Hired senior managers from outside that forced others to “retire” or get laid off to make salary accommodations. Others were laid off so their jobs could be outsourced. After leaving a trail of destruction and ruining careers some of these managers left the company shortly after. Most of those laid off were long-tenured employees in their 40s or older (i.e. higher wage earners), carefully planned to get around age discrimination law suits. Countless careers were ruined without notice due to poor leadership and vision. Message to potential clients - a company that was formed “by engineers for engineers” has no full-time engineers left in employment. The entire department was let go in 2020. Hardly any employees with significant company experience left other than some in sales, customer care, IT, and a few others. Leadership is completely uninterested in listening to more experienced employees or trying to learn from them. Leadership team is incestuous and makes all decisions in a vacuum without involving employees. GlobalSpec/Engineering360 was recently acquired by CompareNetworks. Maybe that will help, but doubtful without major changes, starting with the leadership team.