Peabody reviews

Hard times, hard decisions. Unfortunately the salaried ranks have born the brunt of all the cutbacks. Middle managers and supervisors have paid the price of a perfect storm of market, competition, and despotic executives in the crystal palace in St Louis.

As the leading coal company in US, Peabody is feeling the weight of unrealistic and brutal regulatory efforts to phase coal out of the U.S. energy equation. When combined with the near Asian economic collapse driving a down turn in the Asian steel markets, Peabody faces tough decisions that will impact its future as it is highly levered due to its ill fated 2011 MacArthur Coal Australian acquisition. This has created an uncertain future for its employees as efforts progress to "de-layer" the organization. Many serious financial restrictions are in place which limit personal and professional growth potential within company. Salaries, benefits and staffing levels are under significant pressure.