Libbey

www.libbey.com
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1 person found this helpful  

Was good in the early 90's

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Current Employee - IT Manager in Toledo, OH
Current Employee - IT Manager in Toledo, OH

I have been working at Libbey

Pros

Good factory discount, nice office environment as long as you do not have to visit factories. Generally the atmospher is relatively laid back. A few people on the team due the bulk of the heavy lifting and many others can coast for years. Many senior level employees are retired in place enjoying having a job while the company slowly declines. HR tried to attract good employees and the benefits are decent for Toledo. If you are looking at a short term gig to get experience, less than 2 years or so it might be a place to consider before leaving Toledo for good.

Cons

The Company is doing poorly. The stock price just hit a 52 week low. Competition is fierce from overseas. Senior management is clueless on what to do next. The company is massively leveraged in debt. Oil prices and natural gas prices are knocking the wind out of any hopes for a profitable year. Goal sharing although in place pays out very seldom and no where near the maximum. Senior management thinks it can beat the market by becoming Chinese. Will soon move all production out of USA due to labor prices. This company has hits its prime and now fill go from mediocre to death.

Advice to ManagementAdvice

Get new ideas. The old ways are as old as you are. Limited innovation and embracing new technology. Upper management should change from beating people up with endless streams of questions and start providing ideas and leaderships instead of analyzing everything to death.

Doesn't Recommend
Disapproves of CEO

11 Other Employee Reviews for Libbey (View Most Recent)

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  1.  

    Good place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Sales
    Former Employee - Sales

    I worked at Libbey full-time (more than 3 years)

    Pros

    Great products, excellent distribution and it's corporate culture is improving. The new president is doing a great job in guiding the business into a well run company.

    Cons

    Need better tools for training, average pay and need to either hire actual managers or train current managers to be proper manager. Need automated reports to then forward and communicate to customers instead of having each individual sales person running mundane reports instead of selling.

    Advice to ManagementAdvice

    Poor manager communication to sales and too many internal processes. Focus on the business as a whole and stop being so glass focussed, this discrepancy is very transparent to Libbey dealers as well as Libby's competition.

    Recommends
    Neutral Outlook
    Approves of CEO
  2.  

    Poor feedback process.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Libbey

    Pros

    Company is doing a lot of good things globally.

    Cons

    It's kind of a strange place.

    Doesn't Recommend
    No opinion of CEO
There are newer employer reviews for Libbey

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