On the way to bankruptcy - werkgeversreview Engineer bij Semtech

1,0
16 mrt 2024
Aanbevelen
Goedkeuring directeur
Zakelijk vooruitzicht

Pluspunten

- Some talented individuals - Mostly WFH - Some interesting technology

Minpunten

This company has completely fallen apart. The acquisition has put it into an enormous amount of debt that it is struggling to repay. There have been no COL increases, the bonus has been cancelled. There have also been countless layoffs that has reduced the head count so much you will be doing the work of 2-3 people minimum. A hiring freeze ensures this will be the reality for the foreseeable future. The leadership at this company have no vision, no leadership and no idea what the identity of the company is supposed to be. Management can best be described as a bunch of glassy-eyed zombies. They will ask for suggestions, completely ignore them and then wonder why things failed. A paycheque is a payqheque, but if you have any other options, take them. This company will be bankrupt in the next five years.

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5,0
8 jun 2026
Aanbevelen
Goedkeuring directeur
Zakelijk vooruitzicht

Pluspunten

Great Benefits, Nice People, Engaging Work, Great management and Team

Minpunten

Low physical presence in the office, low inter-department collaboration

1,0
3 mrt 2026
Anonieme werknemer
Aanbevelen
Goedkeuring directeur
Zakelijk vooruitzicht

Pluspunten

- Facilities are well maintained, and the environment is generally clean and organized. - A bonus structure exists for hourly and salaried staff. - Many managers and technical leads are approachable and willing to help. - Starting pay can be competitive depending on the role. - Plenty of employee parking. - Training programs are structured and help new hires ramp up efficiently.

Minpunten

- Compensation does not keep pace with cost of living, and raises feel reactive rather than intentional. - Bonus structures lack consistency. - The culture in some areas has shifted toward heavy oversight and micromanagement. What was once more results focused now feels compliance driven, with increasing restrictions that have hurt morale. - Benefits are expensive relative to coverage quality. Healthcare premiums significantly reduce take home pay - Conflict resolution often appears risk averse and liability focused rather than employee focused - The company doesn't seem to care about employee assets. - Internal priorities and project expectations are frequently unclear, leading to misalignment and frustration. - The rollout of unlimited PTO has created more confusion than flexibility.

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