Vantaggi
Working at Teleflex gives an employee the opportunity to learn about offshore manufacturing and operations
Svantaggi
Teleflex sells a lot of “me too” products. They are not differentiated from the competitors. This is because they have never really funded R&D over the years. Instead, they chose to invest in financially distressed companies, dramatically cut their workforce and moved their manufacturing to Mexico or Czech Republic. Many of their products have little to no patent protection, and innovation is not encouraged or valued. Cost-cutting breeds layoffs, no or low salary increases, poorer quality products, and this is a way of life at Teleflex. Even surviving the layoffs, it was still unsettling as management continually shifted people around to segregate lower margin product businesses. An employee in a lower margin business unit is not offered the same opportunities as an employee that is in a higher margin business.