An established company in trouble unless they can turn it around
Senior Designer (Former Employee) – Monroe, NC – November 15, 2015
Colfax Fluid Handling is a great company with a long established product line. Lately however, the scramble to make a change, any change, to normalize and rebound their falling stock prices have everyone from top to bottom nervous and suffering from low morale.
In their last round of layoffs there was no regard for performance, seniority, attendance, attitude and so on. There were individuals with 30 years experience in very specialized positions impacted just as new hires and newly inter-company transfers.
Currently, no one is safe, however, the company still has established customers who want Colfax product.
If the company would remove the blinders and concentrate on the big picture, not just the "metric of the day", this could again be a great place to work.