Long term Planning - Engineer - New Product Development Terex Corporation Employee Review

2.0
Oct 14, 2019
Recommend
CEO approval
Business outlook

Pros

Acceptable compensation package. Friendly environment.

Cons

I has hired along with many others for new product development and within 12 months the entire product line was sold off. At the very least this shows a really poor long term outlook or difficulty making the hard decisions on the part of upper management. It's pretty much the typical publicly traded company that lives for whatever the next quarterly results require to appease stockholders. It's a shame because the potential is obvious, but the execution is flawed across the board.

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Terex Corporation Response
6y
Earlier in 2019, the Company made a difficult call and exited several cranes product lines that had become unprofitable. When the decision was made, we moved as many OKC team members as possible into other roles at the plant. Changes like this can be disruptive, which we understand, but as a team we have moved forward and are focused not only on supporting the business but also on making OKC the best working environment it can be.

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CEO approval
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Cons

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CEO approval
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Pros

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Cons

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