Good company going downhill due to a few bad characters - Scientist Eastman Employee Review

Pretty toxic environment currently with periodic and predictable layoffs tied to quarterly earnings cycle. Costa cares only about the EPS and his own compensation tied to it. There are a few good leaders but they are either too naive or just blindly drink the cool aid their direct reports are serving up. Coatings and Inks is a classic example. Back stabbing, sucking up, blatant favoritism, outrageous travel spending, lack of accountability for chosen few, continued drubbings for the rest is a way of life. One of the directors spends significant amount of the departments budget on his frivolous travel and world tours at any opportunity he gets to rack up travel miles and live like a king, not to mention several other unethical behaviors. Cant really blame him if leadership is naive enough to hear his stories and believe him blindly. Hard working and high performing individuals get hung out to dry, sycophants get rewarded. The division is seeing an unprecedented voluntary exodus of employees and employees who are loyal to the organization are constantly reconsidering their choices.