Tough place to build a career - Finance SPX Technologies Employee Review

2.0
Jan 28, 2009
Recommend
CEO approval
Business Outlook

Pros

The money was good. Other than that, not much good. The management team, from the senior level down was very short sighted regarding profits. Their philosophy was to raid the future to make the present look as good as possible. They strategy was to reduce the asset base to the point where return on assets was incredible. In doing so, there would be an asset base in place to support the future. Although, their philosophy was that the future was something to worry about tomorrow. I will say that there was some talent in the company. Although, it was churned through fairly quickly.

Cons

See above. The short sighted view held by the management team. They would never focus on the future, just on the current quarter, Their belief seemed to be that employees were as disposable as operational supplies. The management team seemed to have somewhat of a Jack Welch complex. No matter what level the expenses were at, the belief was that you had to take cost out. At a certain point, I started to think that the best thing that they could do was to take 100% of the cost out of the system and everyone should go home. I think everyone would have been better off.

Explore other reviews about SPX Technologies

5.0
Oct 10, 2025
Recommend
CEO approval
Business Outlook

Pros

Good people and a very responsive leadership team. Diverse businesses under the overall name and tons of growth potential.

Cons

Can be a bit chaotic because of the growth, but it is managed well.

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SPX Technologies Response
6mo
Thank you for sharing your experience and for highlighting our culture and growth trajectory. We’re glad to hear you value the responsiveness of our leadership team and the opportunities across our diverse businesses. We recognize that rapid growth can sometimes feel fast-paced, and we appreciate your acknowledgment that it’s being managed well. Our goal is to maintain strong communication and support as we continue to expand. Thank you for being part of SPX Technologies and contributing to our success.
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