3.0
Jun 12, 2016
Current employee, more than 5 years
Los Angeles, CA
Recommend
CEO approval
Business outlook
Pros
Great people, good pay, good benefits
Cons
Limited advancement potential. Flowserve is a manufacturer of heavy industrial equipment - over time layoffs have been more frequent. The company is doing the right thing for shareholders by pushing towards moving to low cost regions for manufacturing and engineering, but that leaves those working in USA plants in a not-so-great position. As a result of drive towards globalization, advancement opportunities continue to diminish. Flowserve is currently taking opportunity in market downturn in oil and gas to really speed up plans to eliminate USA jobs and move to low cost regions.