Management in last 5-6 years decided to "clean house" and rotate out higher paid senior staff for cheaper jr employees
Pros
Good benefits, sick leave, vacations and many sales and upper management positions still receive company cars.
Cons
STRESS and lack of personal life- The balance of personal life vs. work life is extremely blurry now that many sales, marketing, support and even admin positions, although exempt positions, frequently work nights and weekends especially if traveling is part of your position. The work load can be intense due to shortage of head count and staffing from constant corporate cost cuttiing and what seems to be perpetual reorganization within the company. Achieving sales budgets- In almost all sales and product areas of the company achieving your monthly sales budget is PARAMOUNT to management and your bonus/income can suffer if you miss, In fact just achieving 100% is NOT good enough; you have to go OVER your budget to make any real bonus every quarter. And depending on the product category you handle, your budget can be very arbitrary (high)and not realistic to Panasonic's market share (or total market size) thus making it virtually impossible to "get the carrot". Miss budget too often and you could "find your way to the door"
