April 24, 2007

Permission to speak freely III

I just learned four former co-workers just got booted. It really was no surprise. They promised all this reform and process improvement, but did very little in procurement of new projects. I was even teased about joining a team to learn the procurement art, but I'm not sure the team ever got off the ground.

They had an awesome 401K plan, but it was obvious that the other side of the company was making all the money. The only reason these people or others, did not get absolved earlier was that the Navy stuff was a pet project of one of the owners.

When I started my half of the company brought in 40% of the profits. Followed by 30% the next year and 20% the last year I was there.

Posted by Michael at April 24, 2007 10:29 PM
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