The Company: Due to the Dow acquisition in 2015, Olin's debt load is extreme (just read their financial statements). For the past couple of years when commodity prices were strong, the business was doing quite well and profits were thru the roof. Unfortunately, Senior Management made the decision to use those record profits to buy back company stock instead of paying down their monstrous debt to Dow (which is due by the end of 2020 - this is also public record). Since then, commodity prices have fallen dramatically and management is scrambling to come up with the cash to pay and/or refinance this debt. They recently announced that they would be suspending the 401k match (4%) and there are rumors that current year bonuses and salary increases might fall victim as well.
Management: My experience with Olin's mid-level management was the worst of y career. I designed a couple of reports to help explain variances within the business and my manager stole my work TWICE and claimed that they were his reports. When I approached him about this (both times), he acknowledged that he had stolen my work but refused to own up to what he had done to his supervisor. When I approached his supervisor about what had happened, the supervisor did nothing. After approaching my manager's boss, I noticed that I was conveniently left off of calls that I should have been on and most of my contact with cross-functional managers (whose support was critical to my role) was inexplicably rerouted thru my boss. Olin's motto is "Integrity in Everything". My work experience there didn't even come close.
