2.0
May 17, 2014
Current employee, more than 10 years
Torrance, CA
Recommend
CEO approval
Business Outlook
Pros
Discontinued employee pensions but, according to a senior executive, "Honda's decision wasn't as bad as that of other companies?" Still have health benefits.....for now.
Cons
Certain vital administrative functions are denigrated and de-resourced to the point of nonexistence. Spending half a billion dollars on HondaJet. Good luck making a profit on that... Spending hundreds of millions on F1...again. Obsolete enterprise systems patched together with standalone spreadsheets makes effective project management and coordination virtually impossible.