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American Electric Power Company: Career Outlook Surveys

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Job Title: Engineer I
Location: Columbus, OH
Submitted on: 15-Apr-03
Job Title Business Outlook Survey
Engineer I Deregulation of Electric Power industry and Enron scandal have wreaked havoc on energy and utility companies. What were once stable and well run utilities like AEP now waste their time and employees' talents on chasing FERC approvals for Regional Transmission Organizations and pursuing bad domestic and especially overseas utility/infrastructure investments. Employee morale decimated by constant reorganization, 'shell game' moves of groups from building to building, and layoffs every 3 to 5 years to satisfy Wall Street. Outlook for Electric Power Industry to me seems dismal for forseeable future.

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