Acquisition makes future uncertain - Information Technology Wood Employee Review

2.0
Mar 8, 2018
Recommend
CEO approval
Business Outlook

Pros

With the acquisition of Amec Foster Wheeler, it is a huge, international company on every corner of the globe. Lower/Mid-level managers have been superb. The Amec Foster Wheeler management was engaged and cared about safety and employees even as the industry's economic environment deteriorated.

Cons

Wood Group does not seem to understand what they bought in Amec Foster Wheeler and are making redundant/outsourcing their technology services. The brain drain has hurt, and many have doubts we can deliver the anywhere near the level our customers have come to expect before the acquisition. No raises some years, tiny bonuses for top employees, under-market salaries, no money for training. Huge and non-surgical layoffs and the technology talent is already gone or leaving. Industry and company are struggling due to low oil/gas prices.

Explore other reviews about Wood

5.0
Apr 3, 2026
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Good company to work for.

Cons

Work life balance/ management communication.

4.0
Jul 2, 2026
Recommend
CEO approval
Business Outlook

Pros

great culture and working atmosphere

Cons

office could use work, outdated

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