Cash Cow for the cynical CEO and his selected "yes" men!
Pros
In 2009/2010 I would have give Harman 4 or 5 stars. The company *was* good to work for before Sidney Harman died - plenty on training and encouragement, quality & performance of the products was paramount. Unfortunately this very quickly disappeared once the company's founder passed away, and the current CEO was give free reign.
Cons
Upper management - especially the uppermost management. The CEO's knee jerk reaction to a profits warning in late 2012 resulted in the majority of R&D talent of the organisation being stripped away to "save cost" and artificially increase profits. European Engineers and technicians with decades of experience were turfed out, with the master-plan of replacing them with inexperienced Chinese engineers This will enable a temporary increase in dividends for the shareholders over the next couple of years - this apparent turnaround is, of course, being spun as the genius of the CEO - NOT SO! My prediction is that the CEO will be surreptitiously selling off his shares over the next 18 months or so - capitalizing on the artificial inflation of the share price, before the removal of the organizations life blood starts to tell.
