Thermo Fisher Scientific – Newington, NH
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Doesn't RecommendNegative OutlookDisapproves of CEO
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I worked at Thermo Fisher Scientific full-time (More than 5 years)
I am discussing Slide and Specialty Glass division in Portsmouth, NH. A lot of good science and good manufacturing. When the local company was left alone it provided a good training and growth opportunity through taking additional duties and challenges, including an effort on Practical Process Improvement which is similar to Six Sigma program. Compensation was good and in line with compensation of other companies in greater Boston region. I like a lot system of working 9 hours Monday through Thursday and working only four hours on Friday.
After acquisition by Thermo, the only things that seemed to matter were quarterly financial results. The precision system of people working together on average for over 20 years (and many for over 30 years!) was dismounted by bringing new General Manager first every two years and later every year. Each one wanted to bring his own people aboard and shuffled existing position which usually made no sense at all. After five years all the core personnel was gone and people who were newcomers brought just a year earlier were trying to teach newly hired, which of course wasn't effective. It seemed that all people with more experience (and a bit higher salary reflecting the experience) were systematically replaced by new ones which could be paid less due to their age, limited experience and current job market conditions. The company was a cash cow with big margins, dominating the saturated market of glass slides and similar products. Yet it was treated like many other divisions with growth potential and ordered to post big growth each year, which was completely unrealistic due to the shrinking of the market for such products. The financial pressure on all employees and continuous layoffs in sneaky ways of small numbers of people with no explanation to them or to the rest of workers created a horrible work environment.