- Fuel Tech, Inc.08.Dec 2015
Support from management
There are a couple of good VPs. But very poor judgement at the highest level.
Most of the people working here are friendly and helpful. But there are a couple of incredibly bad people that terrorize the office. Multiple people at high levels (VP) have begged the lead to get rid of them. But it falls on deaf ears
As stated above, there are a couple of "players" who's antics would have resulted in their dismissal in any other reputable firm. Keeping them with the firm will surely result in a lawsuit someday
Take a look at a graph of the stock price for the last 5 years. It tells the whole story.
Suggestions for improvement
- 1. Replace very top leadership with a person who listens to the advice of other senior management and has a corporate vision beyond the coal industry. 2. Fuel Tech is too top heavy. The ratio of Vice Presidents to workers should be less than 1:1. 3. Next round of layoffs, instead of laying off 15 good team players, improve company morale and save some money by laying off the 2 high level "nut cases" (everyone in the company knows exactly who I'm talking about).
What I like about the company
There were several very friendly capable people working at this company.
What I dislike about the company
The services and products Fuel Tech provides is very dependent on the fortunes of the coal power industry. As a result, business is poor and most likely will not recover. Therefore, there is the constant worry of impending layoff.
When they do perform a layoff, they show the door to a score of good productive workers instead of focusing their layoffs on two or three of their endless number of Vice Presidents.
The highest level of management does not have any vision beyond coal. Plus, the highest level of management refuses to listen to the advice of other senior members of the management regarding the removal of a few incompetent and abusive "nut cases".
It made no sense for me to wait around for the next set of layoffs just to see good people shown the door. So I left.
The following benefits were offered to me
- CompanyFuel Tech, Inc.
- Are you a Current or Former Employee?Former job since 2012