Precision CastParts has a cultural problem. They are run by anxious managers who believe that with enough data and enough monitoring, they can arbitrage their way to profits. The reality is that turns into micromanagement, demotivating meetings and requirements, and a complete loss of agency on the part of employees. Generally they want high performers on their team but they fail to recognize they need to attract them.
I would not say the current economic climate (Q2 2020) has made things absolutely worse, but they are failing to recognize that extraordinary times cannot just be met with layoffs, and that will solve all problems. In my own role, the biggest issue is that I am left reporting the same numbers several times because people are more focused on collecting data for themselves, rather than using the data they have to achieve results.
Actively tries to get the best out of its business
Cares absolutely little for employees