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Has degraded extensively over the years as a company to work for

Engineering Technician
Current Employee
Has worked at IBM for 20 years
May 28, 2014
East Fishkill, New York
2.0
Doesn't RecommendNegative OutlookDoesn't Approve of CEO
Pros

Good technical environment (semiconductor business) to expand knowledge base. Empowered to do experiments as needed to find answers to ongoing problems.

Cons

Penny pinching. CEO and executives are focused ONLY on "EPS" (Earnings Per Share) and the price of common stock. After all, this is how they grow their personal wealth through stock options. They are living in constant fear of being sold off or outsourced. No conferences are allowed. Very little new equipment is purchased for our lab. They seem to be "cooking the books" for years now to make the division more attractive to potential suitors. Forget about meaningful salary increases. Many, many years have passed since I saw one of those.

Advice to Management

Drop your allegiance to the company, as the company no longer has any allegiance to you, personally. You are as expendable as a paper towel. Do not hide information from your employees. Tell them everything you know.

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