Rio Tinto's senior management have not managed the business well during the cyclical nature of mining. When times are good, they spend with reckless abandon. During down turns, they layoff and cut spending too deep. The organization structure is not well designed, leading to a fat, bureaucratic and costly organization. There are brilliant people that work at all levels of the company, so it is amazing that this pattern of mismanagement continues. It seems to be the new culture of the company. The outsourcing and offshoring of so many types of work and positions has led to a dysfunctional group. Employees no longer feel connected to the company and have disengaged. The benefits of offshoring and outsourcing have been overstated by some of the management responsible for the effort. Rio typically pays well and offers many benefits. This keeps people in the organization with golden handcuffs. There are still many good things about the company and it can be a good place to work again.
good benefits, great people
no job security, some unethical middle managers