1.0
Jan 25, 2018
Current employee, more than 5 years
Köln
Recommend
CEO approval
Business Outlook
Pros
First works council elected (Cologne). Godspeed to the colleagues! We need you more than ever! This applies also the the newly elected European works council
Cons
- Top Management applying changes according to General Motors role model - you remember General Motors tumbling into bankruptcy? - japanese culture just got lost, it’s a pity!! - heavy restructuring ongoing, social criteria are not being considered - fear, uncertainty and loss of identification with the company are the result - low margin in wiring (commodity) business, if you expect investments in future markets, products, services you are in the wrong company. Cost pressure which is common in automotive sector is in wiring harnesss business existence-threatening.