Vantaggi
- most were good people - benefits were good before Yageo
Svantaggi
Shortly after being sold to the Yageo group things went bad shortly after: - many benefits stripped - a worldwide investigation was launched by Yageo on employees trying to "map" who would be cheaper to fire or pressure employees to "find dirt" on some managers to fire them more easily - massive layoffs purely based on costs by Yageo without advising the managers: no attention is given to contributions/skills but only "how much will it cost to fire each? Let's fire the two cheapest! And tell the remaining three to do the job. No attention was given to local laws or human decency (most were fired with a 2 minutes phone call followed by an email). - progressive replacement of senior managers by "Yageo people" from Taiwan to better monitor the "Pulse people" and keep them in line assuming employees are either too stupid or malevolent (even tho the company had better performance before Yageo applied their strategy) - the remaining staff saw their bonuses shrinking despite fulfilling plans despite a promise by the management to maintain bonuses (increase performance in 2019 results in a fragment of 2018 bonus) - many people left after the massive layoffs leaving the company understaffed to the point they contacted some people they fired asking them to come back - base salary increase after massive layoffs & people leaving, huge reduction of bonuses and advantages => I give you back 8$ after I took 50$ from you and try to convince you that you won