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Inverness Corporation

Is this your company?

Inverness, Division of Cookson was a Great Place to work, until Financial Meltdown, & it was sold. - Global Supply Chain Director Inverness Corporation Employee Review

3.0
19 May 2014
Recommend
CEO approval
Business outlook

Pros

It was a great place with great bosses. Then the Financial Meltdown in 2008 and things got tough. Raises frozen, Matching 401k ended, Took a 10% deduction in salary, all needed to keep company going. My Division always made money at 25 - 26.5% ROI, but the other divisions did not. They laid off 300 people on Jan 26, 2012, and then sold it on May 1, 2012 to Warren Buffet, and Cookson, who owned Inverness went back to the United Kingdom.

Cons

It was a Great Place to work, until the Financial Meltdown in other divisions of the company. They let the Best CEO they ever had go. Retired him after 30 plus years. After that they let my division VP go, despite the best year in 25 plus years of operation. They have been steadily losing money since then.

Explore other reviews about Inverness Corporation

1.0
4 Nov 2014
Recommend
CEO approval
Business outlook

Pros

Good core group of people with high levels of competence. The business is a niche business and requires strong commitment to the company, the products and the customer base.

Cons

Company was purchased by Berkshire Hathaway and has been mismanaged since then. Business focus has been lost and customer dissatisfaction is rampant. New ownership does not understand the business and has no interest in learning.

2.0
15 Jun 2008
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Some great people, who really cared about their work.

Cons

Peter Indiveri was the WORST leader a company could ever have.

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