Tervita was once profitable and growing, in the last few years mismanagement has driven the company into the ground. Repeated layoffs, foolish spending on expensive marketing during Stampede, recent cancellation of the employee RRSP matching, bad decisions are everywhere. Tervita is currently selling bonds at $10, in case the company survives they'll have to payout $100. The chances of survival without debt restructuring are ~ 10%, shareholders will lose money. Either bankruptcy or restructuring (probably bankruptcy) as the outcome. Employees are lucky the pensions are with a third party.
The Richmond office is an example of the inept management, a small group of ring-leaders harass and abuse underlings. Management carries on inappropriate relationships with staff, flirting during meetings, groping at xmas parties, and other bad behavior are more important than managing profitability and hard work. HR is a disaster-, if harassment is reported the complainant is promptly "laid-off" this is common. Bad behavior is rewarded, uneducated people call the shots, favouritism is the norm, back-stabbing, lying.... nothing is out of the question.
BBQ days, flex time off, generous vacation time, pay and benefits are good
Pending bankruptcy, Harassment, Abuse, Job instability