Just not who you want to be acquired by - Recensione dipendente - Dipendente anonimo presso Microchip Technology

1,0
3 mag 2016
Dipendente anonimo
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Microcheep (that is what the employees call it on the inside) on the surface seems to be a good company, CEO says reassuring things in public, the company spends a lot on developing people, and they don't seem to make their employees work very hard.

Svantaggi

CEO seems like a pathological liar. He even tells you in private not to listen to what he says in public. The company touts "Customers are our focus", but the CEO in private tells you "Customers can kiss my a__". Target company employees' salaries are slashed after a acquisition. They tell you ahead of time that they will give your employees plenty of notice. Reality is that VPs and Directors are pushed to cut and cut deep, so notice and severance pay are slim. Oh, and the VPs and Directors are almost all Microchip veterans, don't expect to keep your title after the dust settles. The company spends very little on R&D internally, so they need to acquire to grow. They show an 8% internal CAGR for revenue, and a 17% CAGR with the acquisitions, but I have to believe that most of the 8% comes from projects that are in process at the time of the acquisition. If you hear a story that sounds to ugly to be true, it probably is really true.

Esplora altre recensioni su Microchip Technology

5,0
20 feb 2026
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Work is always engaging and new

Svantaggi

Not all that much, pay could be a bit better

2,0
28 apr 2026
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

There are a handful of people here who are fantastic to work with, are very knowledgeable, and care about the product that's going out the door.

Svantaggi

Leadership is fundamentally out of touch and appears indifferent to employee well-being. The culture is marred by nepotism and a lack of accountability, where 'guiding values' are preached but never practiced. Feedback is discouraged, and those who speak up are often targeted. Expect a 'reward' of more work for the same pay, as promotions are rare and promised bonuses are frequently withheld despite strong site performance. A very frustrating and toxic environment for those who value merit and transparency.

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