Terex - March 2019 Layoffs | Glassdoor
  1. "March 2019 Layoffs"

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    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Oklahoma City, OK
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Terex full-time for more than a year

    Pros

    I was part of a great intelligent team which Terex got lucky enough to hire and put together.

    Cons

    Once upon a time, Terex had a manufacturing facility in Waverly, Iowa that made very great cranes! However, this was a union plant and that made Terex very mad. So, Terex came up with a plan to shut down the plant and relocate the operations to OKC because this was a non-union plant that paid low wages. Brilliant! Surely, no other detail had to be thought of, because this was definitely going to be a win-win... situation. So, operations moved, and then Terex made very bad cranes. This blew people's minds! How could this have happened?! No way! So sarcasm aside now, Terex literally only kept cranes alive for 2 years after the move from Waverly which was an epic disaster due to the bozos that put this plan together. So they sold off cranes and laid everyone off with it. They also used this time to layoff anyone else they didn't like. The reviews about the inner circle are true, and anyone intelligent shouldn't want to be involved in this incompetent mess. Not to mention, the severance package was an absolute slap in the face. Stay far away from this company because I guarantee they have no idea what they really want to accomplish in the next 5 years (or one year at that), and all they're really trying to do is make a quick buck and not make a great reputable company. If it wasn't for Genie, this company would've been bankrupt or bought out by now. Oh, and did I mention when I was hired on, Terex's plan was to make the OKC facility the "flagship" location that built for all 3 divisions (MP, Cranes, AWP) with eventually 1000+ employees? That was literally told to me in 2017. Boy, that plan changed awfully fast!

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    Advice to Management

    None because they don't listen anyway.

    Terex2019-08-23

    Terex Response

    September 24, 2019Director, Corporate Communications

    Thank you for your comment. It is correct that manufacturing was moved from Waverly to Oklahoma City, although your presumed reasons are a common misconception. We made the move with the expectation that these lines could be manufactured more profitably in the larger facility, but ...

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  1. "Good work Enviroment"

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    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Intern - Sustaining Engineer in Oklahoma City, OK
    Recommends
    Approves of CEO

    I have been working at Terex for less than a year

    Pros

    Respectful management, good work environment, excellent health and safety

    Cons

    Early shift starts (as early as 5:00 AM). Could be a pro, depending on if you like to work early

    Terex2019-06-08
  2. "Great Work Environment"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Technical Support Engineer 
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Terex full-time for more than 3 years

    Pros

    Very structured and established company. Overall great place to work.

    Cons

    Had a fair amount of travel. Which did not suit my life.

    Advice to Management

    Worry less about the stock price and keep the eye on customer support.

    Terex2019-09-19

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