Pros
Large global automotive parts maker - It is the second in North America. Everyone knows about the problems in the automotive industry, the company has diversified in both automotive (both heavy duty and light duty) and other industries like green energy, consumer products and rental/lease equipment. The company cares about their employees. The company is also using the various six sigma tools like Lean Management and performance reviews. Performance of the company is tied to the stepping stool bonus that people receive. In the shop the people receive a bonus based on the quality and quantity of product. Remember that even in these tough times this company still has a positive cash flow.
Cons
Due to various lay-offs a lot of knowledge has also disappeared in the company. There is no job security, management only looks at the bottom line to create a positive SVA. Although companies complain about the cost of business no mergers have been announced. The companies are too specialized to merge and large parts of factories are empty or under utilized