Vantaggi
I have worked at Cree since 2011. Very good salary. Stock option and ESPP programs allow you the opportunity to substantially add to your yearly income (if you're wise on when to sell or hold). Profit sharing bonuses are a nice little few hundred dollar bump, but don't expect to get rich off of them and certainly do not expect them to happen every quarter. Gym is nice. Cafeteria food is good. Holiday party is a blast and top notch. But, three stars only because of the financial aspects. Otherwise, it's a two star company.
Svantaggi
I have to agree with many commenters that the management culture at Cree (Wolfspeed) is very much "what have you done for me lately". You'll work your butt off for a "meets expectations" performance review. Expect very few pats on the back for a job well done. It is a pretty thankless environment. "Cree is we" when your work results are good. Otherwise it's a lot of finger pointing. I've always said the hardest part about working at Cree is not the work challenges. I actually find it technically fairly easy. I believe the most difficult part is dealing with the thankless management attitudes described above and the frustrations and resentment that result from it.