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Dana Corporation – “Caring company that may not stay afloat.”
Pros
They are always striving to do what's best for the company. They do care about what happens to the people that are employed there and attempt to do the right thing for everyone. When the company announced plant closures it gave employees a great deal of time to find jobs and helped them to find jobs in the area.
Cons
With the economy and the failing auto industry there was only so much that could be done to save the plants that were closed. I do not think that the Chap 11 restructuring plan will save them.
Advice to Senior Management
Cut down to the bone. That's the only way Dana will survive.