Even the average employees will not be easy to replace, not to mention the best ones who are leaving. I wasn't at all surprised at how many of my colleagues have resigned. Fortunately, I will not be here to see who will replace such skilled employees. It is horrible how disorganized this company has become.
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It’s very clear that the C Suite staff do not value the company. They will bleed it dry and move on to the next company. It’s all about them personally. Not one of them cares about anyone, but themselves. Sadly, the shareholders don’t really know what is going on. With the CEO also leading the Board of Directors, he has ALL of the power. Average staff will continue to get benefits taken away, the big heads will see to that. They aren’t replacing support staff, but expect you to a able to work at the same rate when you are now doing what was being completed by two or more people. Those that could do something, do nothing. They make millions a year, meanwhile we can barely afford gas to drive to work, much less food, and child care. NO ONE CARES!!!!
I don’t think the exit is done yet. We now have another survey, I’m sure it will give us a hint with what will be taken away next. I expect the 401 k matching will be next.
Being sold? Even when the stock price hit rock bottom, no other companies bought. This is a statement of fact.
Mro operates like a car dealership. You want more $$ for your trade in? Well I gotta charge you more for your new car? You want $$ shaved off the new car price? Well then I gotta give you less for your trade. As soon as they realize that raises and bonuses are mutually exclusive then I suppose they will be able to keep more employees at bay. To earn a decent bonus they can’t just take from your merit raise. They’ll learn…but knowing mro they probably won’t ever.
MRO has changed a lot over the years. The majority of top talent has left for places that reward it, and the ones who replaced are perfect to run the company at a base decline in the 5yr plan with no talent to transition the company to any future other than being sold.