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A123 Systems

Acquired by Wanxiang

Is this your company?

A-247 is sweat shop driven by questionable management. - Anonymous employee A123 Systems Employee Review

1.0
Dec 7, 2014
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

At first it was fun to work there and they had allot of momentum and funding. The company had some great technology and in the beginning it was exciting to work there. Our government gave A123 hundreds of millions of dollars to build a plant and develop the technology in order to provide lower cost batteries at a reasonable cost. At the time, we did not mind working 60 to 70 hours a week because we really thought we were going to make a difference. Then the company went public and the Wall street pressure started to build.

Cons

Unfortunately Executive management thought they were a software company and could solve there quality problems with a software patch sent over the internet. That strategy led them to a $60 million recall and eventually bankruptcy. The executive team gave themselves raises and hefty bonuses with golden parachutes before they announced their quality problems and they proceeded to go through bankruptcy. The company got sold to the Chinese and in their infinite wisdom they kept majority of the executives that drove them into bankruptcy. With that said expect to be driven hard with little reward or recognition. The good old boys club thrives at this company and if your not in the inner circle you wont.

Explore other reviews about A123 Systems

5.0
Jul 22, 2024
Recommend
CEO approval
Business outlook

Pros

Fast growth, good chance to engage global business

Cons

So far every is good

3.0
Jun 8, 2026
Recommend
CEO approval
Business outlook

Pros

Nothing is really positive. Pins and needles all the time.

Cons

Everything is a problem, and they put bandaids on a knife wound.

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