2.0
Jul 22, 2008
Current employee
Pittsburgh, PA
Recommend
CEO approval
Business Outlook
Pros
Great coworkers, very hardworking and great mentors. Management / Executive pay is staggering compared to those below.
Cons
Limited opportunity within the company as well as the shrinking automotive finance market. GMAC is owned by Cerberus who eventually will sell the company once it turns it around, at that point look for more layoffs. Upper management has been stuck in their ways for years, and refused to change the company to compete with the market. Talent retention is a key failure at this company as everyone who works there is either new (0-2 years) or old (20 + years). Those in the middle were either fired, quit, or downsized which could create a large problem within the company in a few years.