A massive culture gap exist that dictates the culture of the company. This seems to be typical in many European and South American countries. Senior level management approaches managing their employees that each of our jobs are a gift and we should be grateful for what we have...grateful for bonus potential that we have yet to hit, no raises, increased work loads due to high turnover (as well as leaving jobs open for long periods of time to save money), watching as colleagues who spent more time managing up than on their contribution to the team get promoted and you will get a good feeling why no one wants to be here.
Sr Mgmt has proven time and time again they are outstanding at cutting cost but incapable of growing share. This will prove true moving forward as taking too aggressive price increases the last 5 years have created a hole too deep to dig out of. For the last three years they have stepped over dimes to pick up pennies focusing on growing high share (a category with no consumer loyalty) over their core consumer (premium and subpremium). Due to pressure from Wall Street, the company is now forced to grow share and stop losing volume.
Expect the company to make impulse, cost cutting decisions to hit Wall Street financial goals to salvage not meeting share targets that destroy any chance of you hitting your goals and making bonus due to Sr Mgmt's inability to grow share. Just not in their DNA.
There is zero perspective for balance of work/personal life. Morale is very low and any cheering, clapping is largely due to enforced enthusiasm that 90% of employees roll their eyes at. Brazilians came in promoting that it was going to be a true meritocracy for promotions replacing frat house politics but this birthed a new cut throat, brown nose culture only where the best lap dogs get taken care of.