1.0
Jun 27, 2013
Anonymous employee
Current employee, more than 10 years
Houston, TX
Recommend
CEO approval
Business Outlook
Pros
Good assets, great industry to be in. (Any company could be profitable in this current environment in the US). Was a great place to work with individual and team contributions that were rewarded and respected until new management came in and wiped out long-term people and placed sole focus on cutting costs and spending less.
Cons
Management obsession with cutting costs is unhealthy and unsustainable. Individuals are not valued -- simply used and tossed aside. Good-old-boy network constructed by the CEO has run off good people and left the CEO surrounded by yes-men (people) afraid to stand up to him. Employees are fearful of speaking up -- knowing that bad news results in terminated messengers.