Libbey - Was good in the early 90's | Glassdoor
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Helpful (1)

"Was good in the early 90's"

StarStarStarStarStar
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - IT Manager in Toledo, OH
Current Employee - IT Manager in Toledo, OH
Doesn't Recommend
Disapproves of CEO

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 Management

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.

Other Employee Reviews for Libbey

  1. "Project Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Really enjoyed working for this international company. Excellent support from management, short communication lines, always willing to listen to new ideas.

    Cons

    No investment in new (and really needed) technology. International travel could be a lot easier and better by making arranagements with a dedicated travel agency.

    Advice to Management

    Invest in new technology to survive. Create a dedicated Business Travel desk to ease traveling worldwide


  2. "Good place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Monterrey, Nuevo León (Mexico)
    Former Employee - Anonymous Employee in Monterrey, Nuevo León (Mexico)
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Libbey full-time

    Pros

    The company recognizes the employees efforts. Good work environment, most departments pushing towards the same goals, which makes cooperation a lot easier.

    Cons

    Constant changes in management threats job stability. Slow growth within the organization.

There are newer employer reviews for Libbey
There are newer employer reviews for Libbey

See Most Recent

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