Cash Cow for the cynical CEO and his selected "yes" men! - Recensione dipendente - Senior Design Engineer presso HARMAN

1,0
4 ott 2013
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

In 2009/2010 I would have give Harman 4 or 5 stars. The company *was* good to work for before Sidney Harman died - plenty on training and encouragement, quality & performance of the products was paramount. Unfortunately this very quickly disappeared once the company's founder passed away, and the current CEO was give free reign.

Svantaggi

Upper management - especially the uppermost management. The CEO's knee jerk reaction to a profits warning in late 2012 resulted in the majority of R&D talent of the organisation being stripped away to "save cost" and artificially increase profits. European Engineers and technicians with decades of experience were turfed out, with the master-plan of replacing them with inexperienced Chinese engineers This will enable a temporary increase in dividends for the shareholders over the next couple of years - this apparent turnaround is, of course, being spun as the genius of the CEO - NOT SO! My prediction is that the CEO will be surreptitiously selling off his shares over the next 18 months or so - capitalizing on the artificial inflation of the share price, before the removal of the organizations life blood starts to tell.

Esplora altre recensioni su HARMAN

5,0
18 mag 2026
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

x, x, x, x, x,

Svantaggi

not many to list, change making every year

4,0
18 mag 2026
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Good team, very fast paced environment

Svantaggi

Things take time to process sometimes

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