Testequity bought jenson tools and tecnhi-tool in 2017 and merged all 3 companies into 1 in 2019. their receivables are a complete mess and have been for a number of years. the management is disorganized and chaotic and the people running the show in california have their heads in another world and don't seem to realize the severity of their financial situation. its bad, its dire. the management has its receivables dept running in a million different directions at one time trying to recoup lost money and its not working.
the employees are completely overwhelmed with the AR mess their california office has made and are ready to call it quits. the place is demoralizing and utterly depressing. employees are overworked and their mental and physical health over a period of time is ruined. people constantly complain of bad backs, stiff necks, and stiff arms. they also worry about the stress the management puts on them to deliver undeliverable goals.
they also worry that the company is going to go belly up because they just started laying people off. also, if an employee tries to get help from a manager or another employee, that employee won't get it. the longer term employees constantly bicker and fight among each other which causes unneeded drama and noise. they employees are seem to be technologically challenged too. senior employees will ask newer employees to do their work. this place is horribly run. do not even consider working here if you are looking for a new job.
they have laid people off this week because no one was calling their vendors for money when the bills came due. this has been going on for 4-5 years. when no one is minding the store and your dso is 60% past due, you're looking down the barrel of the receivership gun....
TestEquity Reviews
Testequity bought jenson tools and tecnhi-tool in 2017 and merged all 3 companies into 1 in 2019. their receivables are a complete mess and have been for a number of years. the management is disorganized and chaotic and the people running the show in california have their heads in another world and don't seem to realize the severity of their financial situation. its bad, its dire. the management has its receivables dept running in a million different directions at one time trying to recoup lost money and its not working.
the employees are completely overwhelmed with the AR mess their california office has made and are ready to call it quits. the place is demoralizing and utterly depressing. employees are overworked and their mental and physical health over a period of time is ruined. people constantly complain of bad backs, stiff necks, and stiff arms. they also worry about the stress the management puts on them to deliver undeliverable goals.
they also worry that the company is going to go belly up because they just started laying people off. also, if an employee tries to get help from a manager or another employee, that employee won't get it. the longer term employees constantly bicker and fight among each other which causes unneeded drama and noise. they employees are seem to be technologically challenged too. senior employees will ask newer employees to do their work. this place is horribly run. do not even consider working here if you are looking for a new job.
they have laid people off this week because no one was calling their vendors for money when the bills came due. this has been going on for 4-5 years. when no one is minding the store and your dso is 60% past due, you're looking down the barrel of the receivership gun....