Excellent electrical engineering company
Business Development Director (Former Employee) – London – 18 September 2018
When I worked at ABB it was the most respected company in Europe according to FT polls.
Its dynamic motor, the Swedish company ASEA, had merged with the previously larger Brown Boveri in a nominally world beating formula. Unfortunately, following a leadership change, the sale of two profitable businesses and an expensive purchase into a new, unprofitable business brought about a crisis in the early 2000s that caused its worldwide employee base to shrink from 230,000 to about 100,000 in a matter of a couple of years.
It recovered from this disaster and remains very well respected for the quality of its engineering although it has yet to recover its dynamism in growth.
It is represented or has its own offices in every country in the world.
Excellent electrical engineering. Good pay
Has not recovered growth and profit performance.