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Ascend Performance Materials

Engaged Employer

Financial Turbulence & Layoffs - QC Technician Ascend Performance Materials Employee Review

2.0
Mar 15, 2026
Recommend
CEO approval
Business Outlook

Pros

A fairly small so you get to know the people well. Constant breakdowns and plant issues so constant work.

Cons

Company just came out of bankruptcy with new private equity owners who are trying to strip and flip it. Years of lack of investment in the plant plus years of bad financial decisions from the exec level has it hemorrhaging cash which resulted in several rounds of significant site and company wide layoffs. Old timers are being packaged out. New CEO calls it “tightening the belt”.

Explore other reviews about Ascend Performance Materials

5.0
Mar 12, 2026
Recommend
CEO approval
Business Outlook

Pros

Really good culture with everyone

Cons

The company is not doing good financially

4.0
Jun 16, 2026
Recommend
CEO approval
Business Outlook

Pros

- 401k match is above industry standard - New CEO doing things differently. Seems to be working so far. - Refreshed focus on plant reliability - No longer going after pipe dream projects with no immediate benefits. - Good base pay

Cons

- Lots of turnover, doing more with less - Still recovering from CH11 - No real bonus in years

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