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They are also a notoriously bad company to work for. They have a bad rep for quality control. They don't really seem to listen to the market all that much. App

• mikestew 8y ago
  They are also a notoriously bad company to work for. They're also a notoriously bad company to be a dealer for. "Here, have a bunch of musical instruments that might or might not be saleable in your area. It matters not, you're stocking them if you want to remain a Gibson dealer." So they lost a lot of mom n' pops. I dunno, can Guitar Center keep them in business? Oh, forgot that GC is in trouble, too. I don't argue that Henry J., the current CEO, is a great guy and a wonderful businessman. However, point in his favor is that he and his fellow financiers bought Gibson for five million dollars in the 80s. Five million bucks: that's how low Gibson had fallen (and rightly so, given the shit they turned out in the 70s). Henry is just some banker that played guitar on the weekends who spotted a potential bargain. However, had that purchase not taken place, we might not even be having a conversation about a guitar maker that went out of business thirty years ago.