1.0
Aug 31, 2015
Anonymous employee
Former employee
Recommend
CEO approval
Business Outlook
Pros
In correction mode. May finally be on the road to saving the brand.
Cons
What TGP is doing to Fender now is very similar to what Fender did to KMC. Don't recall any Fender folks crying foul back then. Only difference is that KMC was on track and making steady profits (regardless of what LT disciples claim) as opposed to Fender's steadily growing debt of 2-3 hundred million. So Fender was actually long overdue for the current restructure and current employees should be grateful. They are saving the brand.