Complete leadership ineptitude, CEO lacks credibility, integrity, focus and operational acumen to lead this company, his manufacturing ignorance coupled with severe attention deficit disorder (plus a less-than-favorable economic downturn in the energy sector) has resulted in catastrophe for the company. About 50% reduction in staff in the last 2 years, pay cuts across the board, suspension of 401K matching benefits, no merit increases, no bonuses (unless you are an executive), no money for aging systems, no budget to repair or fix equipment, no funds for ANY R&D work, no money to pay suppliers on time, a LARGE and pathetically inefficient sales force sucking precious resources, etc..
This is a sinking ship and the geniuses in the leadership team have turned a good an profitable company into a mess full of drama, mistrust, miscommunication and have created an environment where the few of us that are still here are always in fear of being let go due to their poor and selfish decisions. Decisions are being made based on feelings and not based on facts or data.
Nothing good to say about this company, the banks will eventually realize the reality of this agonizing organization and pull the plug. The Audax folks should decapitate this team and hope for a new management team that will think about the well being of the organization and its employees instead of their own selfish interests. Period.
