New CEO New HR - Slash and Burn Culture - Anonymous employee Carestream Health Employee Review

While we are being told that they want to change the culture, The new CEO and HR team are out there slashing benefits and cutting jobs. Now older employees who have 20 plus years of service have had their vacation time reduced from 5 or 6 weeks to only 4 weeks. Our 401K Match has gone form 7% down to 4% They are trying to reduce staff by about 10% The company is using a consultant company to make decisions on things it knows nothing about. The leadership is all being pulled in new from outside the company and as such has killed any growth that people may have had within the company All this because the owners (Onex) are greedy and are not satisfied with being paid the $200 million + a year in returns above and beyond what the company shows as earnings.