Sadly, this is true, but this company was world-famous for insanely high-Quality products. It was definitely crucial to their brand. They needed to attract top-shelf talent, and that brand reputation was important for this. I worked as a peer, with some of the top scientists and engineers in my field.

That reputation took a big hit, over the the time that I worked for them. I think they damn near went belly-up, after 100 years.

They seem to be (slowly) getting their act together, once again. I sincerely wish them luck.