Cliffs Natural Resources

  www.cliffsnaturalresources.com
  www.cliffsnaturalresources.com

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Cliffs Natural Resources Reviews

27 Reviews
3.5
27 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
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Lourenco Goncalves
4 Ratings
  1.  

    Company is in deep deep trouble.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Manager in Cleveland, OH
    Former Employee - Senior Manager in Cleveland, OH

    I worked at Cliffs Natural Resources full-time (more than 10 years)

    Pros

    Pay was decent and people really cared about their jobs.

    Cons

    Stock price has crashed. They put in a new CEO but can he salvage the stock for those of us that have a ton of stock and have lost most of our life savings?

    Advice to ManagementAdvice

    Wrap coal assets into an MLP, idle Bloom Lake or sell it but don't just write it off and take a monster charge. Spinoff your international assets into CLF International. Give the spinoff as a distribution to shareholders. Once coal assets are in an MLP, boost dividend. Do whatever it takes to get the stock price up.

    Recommends
    Negative Outlook
    Approves of CEO

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