Dana Corporation – “Only work here if you like high stress, low pay, and daily threat of plant closures.”

Pros

Paychecks haven't bounced yet but I'm expecting them to any day now. The company has some good technology in the works but can't seem to follow through in getting them to market at a profit. Lots of good people with decades of experience in the industry to learn from if you're in the right area.

Cons

In the wrong market sectors and very bad leadership that is slow to change and mostly corrupt. Sales is a joke and nearly everything is sold at a loss. Most of the good people are gone due to attrition, plant closures, and disgust after the Chapter 11 emergence. The new people coming in either don;t know or don't care so we are probably headed back into bankruptcy.

Advice to Senior Management

Sell the company to your customers, they practically run it anyway and they would do a better job than you.