Incompetent corporate leadership - Anonymous employee NN Inc. Employee Review

1.0
Sep 12, 2018
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Many people I enjoyed working with and even for.

Cons

* Corporate budgeting is a waste of time. They do not spend money anyway because they are so far in debt, despite the fact that their employees have made promises to customers based on already approved expenditures. When the time comes to pull the trigger, it is not done. * Corporate leadership is comprised of accountants and salesmen, none of which actually seems to know anything about the actual manufacture of anything the company produces. Business units were managed "by spreadsheet" with no real communication solicited or listened to. * Growth through acquisition only actually works if you buy companies that will compliment your core competencies or give you new ones relevant to your target market. Also, purchasing ones that are highly leveraged when you do not have a cash surplus and your credit rating and name on Wall Street are trashed? Probably not the brightest idea ever. Yeah, stock has dropped by half in the last year.

Explore other reviews about NN Inc.

5.0
Sep 8, 2025
Recommend
CEO approval
Business Outlook

Pros

There is a lot of opportunity to make change and management is on board

Cons

Manufacturing is becoming a more challenging environment to work in with lack of interest from the younger generations

3.0
Dec 15, 2025
Recommend
CEO approval
Business Outlook

Pros

Lot's of great people with long tenure working on a cause they believe in and trying their best to deliver for their customers.

Cons

The financial and managerial struggles they had over the last several years appear to have led some corporate employees and managers to be checked out. Several key leaders left during my time there and the new management didn't seem to be engaging the Technology team to improvements and benefits they could over. Technology was overlooked and treated as an after thought. Additionally, many of the technical systems felt disjointed and likely from a long history of under investment in the technologies and people responsible for IT.

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