Out-sourced: Top talent are constantly asked to leave either forcefully or through voluntary retirement leaving behind a huge talent vacuum. No systems, no planning, no coordination, no organization.ģ. Expect to be in conference call/meetings all day long. Finance ultimately drive daily decision making. Ultimately, whatever decision that you make can be overruled by Finance. For example, Finance does not want work with Engineering, HR or IT and vice versa. Chaotic: There is absence of proper planning or coordination between different departments. High employee turn-over at this company.Ģ. Company has lost valuable talents over past few years and bleeding has not seems to stop. All Business Units that I know have laid-off, terminated, pushed out to retirement, furloughed or fired people as a result. If Stanley Black and Decker stock price falls, expect layoff and costing cutting immediately. Restructuring/Re-organization takes place every few months. No Job Security: Company has been constantly laying off people since 2017. with Stanley Works represents a great American company story focus more on short term on stock market price with no plan to gain in long term – all signs of a dying company!ġ. Stanley Black and Decker, formed as a result of merger of Black and Decker Inc.
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