Semtech Reviews

- Seemingly constant layoffs for the past year with no end in sight. - New CEO who not only has zero strategy (other than not backfilling people to drive costs down, and telling everyone that we he doesn't want us here if we're not motivated right now) or goals (he talked about the importance of goal setting in the all hands, then when asked a question about his goals, he admitted he didn't have any!), but he doesn't barely communicate at all. Nearly half our C-suite has left and there's not been a word about it from him. - Sierra acquisition has absolutely killed our stock value. - We're losing good talent everywhere - Cost cuts are the only thing we seem to be doing to make our numbers, when it seems like every time I turn around, there's another 10 people gone in our sales team. - EVERYONE is paranoid about their jobs and I don't know one person who isn't actively looking to leave.

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.