3.0
25 June 2008
Former employee
Stamford, CT
Recommend
CEO approval
Business outlook
Pros
It used to be a fairly humane and employee-oriented company. That seems to be changing. Nonetheless, the company has an excellent franchise in the postage meter and it is seeking out other businesses in which there are at least some barriers to entry. It is trying to get out of the the low margin, commodity type businesses.
Cons
As a slow-growth company, there has been pressure on the stock price. Current management is having trouble increasing revenues substantially, so it has instead focused on cost cutting (read: head cutting). A person going to work there should make sure he or she has an excellent package with lots of downside protection - because there is the potential for downside in this environment.