Vantaggi
Tosca is one of those companies that seemed to have a really bright future. They had back-to-back-to-back years of 20% growth followed by a year of 7% growth. While most companies would be salivating over 7% growth in the "barely" Post-COVID environment still reeling from supply chain issues, Tosca decided to go a different route. * The European division has effectively split off entirely and answers to the Shareholders, not the CEO. The European division is doing fantastically! * There is a chance this company could rebound, but it would take a massive house cleaning and removal of nearly 100% of the current C-level folks.
Svantaggi
* Terrible top-level management * Despite back to back growth, company is downsizing - likely getting ready to sell * C-level think they are gods. Everyone who has ever corrected them has been forcibly removed * Company culture went overnight from "we care about our employees" to "if you don't like it, leave" - Exact words from CEO during company call * Terminating staff after stating three weeks prior there would be no terminations and no layoffs due to "budget cuts." Immediately after, my former boss puts in an order for close to $1mil in brand new equipment simply because the OTHER brand new equipment we bought wasn't the brand he liked. * HUGE Turnover currently. In the last six months, three C-level folks have straight up quit the company. No two week notice, just gone.