Strong history of political positioning among management that leaves a wake of loyal high quality workers - who are routinely and coldly escorted to the exit. This consistent history over many years displays their complete disregard to loyalty and respect to the many many employees who dedicated their valuable time and skills for much of their career years. If you need experience - get it here, but move on to healthier run employment options - that's my suggestion.
Beware - the values they espouse to are a veil that's exploited as a feel-good element for employees, as well as a public and customer image enhancer and differentiation strategy. Deep down, management understands this, and the one person that's on this fitting crusade is in his autumn years.
With the COSTCO type hearing aid dispensing model eating severely into their bottom line, along with the huge costs and margins needed to maintain a small technological differentiation in the current hearing aid manufacturing industry, and in addition to their large investment in current old-school way of delivering hearing help, I view them as being quite vulnerable to new models that will change the way consumers acquire hearing help that could leave them and their loyal customers, as well as employees, looking around and wondering what just happened. Based on recent shake-ups, who knows what's really in their private agenda to manage such a challenging future for a vulnerable company. As has been proven, they certainly wont blink an eye while baling on their loyal customers and loyal employees so they can position the family in a favorable situation.
Note - if you have put in years of service and your ESOP has a significant value - be prepared to wait up to 24 months or more to receive the full value, while all that time it will sit in a non-interest bearing "account" that you won't be able to manage. The ESOP is under their discretion, not yours.
