Magma Design Reviews

43 Reviews

3.1
43 Reviews
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Magma Design Chairman and CEO Rajeev Madhavan
Rajeev Madhavan
28 Ratings

9 Employee Reviews Back to all reviews

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  1.  

    Interesting as you want it to be. Hard work and competitive.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee  in  San Jose, CA
    Former Employee - Anonymous Employee in San Jose, CA

    I worked at Magma Design

    Pros

    High salary
    Interesting as you want it to be. Hard work and competitive.
    Remote access and working from home was permitted

    Cons

    Interesting as you want it to be. Hard work and competitive.
    Management was terrible. Leaders are short term focused and company strategy wasnt well thought out

    Advice to ManagementAdvice

    Management was terrible. Leaders are short term focused and company strategy wasnt well thought out. Management was too technical and didn't have much of a business understanding.

    Doesn't Recommend
    Disapproves of CEO
  2.  

    with immature and inexperienced folks at top level across R&D/AE, be prepared for no career growth ...

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Staff Applications Engineer  in  San Jose, CA
    Former Employee - Staff Applications Engineer in San Jose, CA

    I worked at Magma Design

    Pros

    It has very good technology and probably is the only EDA company where you will have opp to learn entire flow from RTL-GDSII and become an expert. Lot of oppurtunities to learn and excel at new technologies

    Cons

    Worst work-life balance with avg pay. Mgmt forgets that you have life and 70hrs workweek is very common ...with immature mgmt and inexperienced folks sitting at top levels , decision making is very skewed and talented employees are rewarded very well. Very artificial praises is the best you can get from mgmt ..with top brass so political and often trying to save their jobs, your credit is taken as theirs...

    Advice to ManagementAdvice

    with just 600 ppl, please try to encourage non-political free culture and reward your employees well especially support staff...they substitute your tools instability and features...promote only ppl who have experience and maturity ... also if a product is not catching up, please change the R&D architects and you need fresh eyes...

    Doesn't Recommend
    Disapproves of CEO
  3. 1 person found this helpful  

    Chaotic

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Director Engineering  in  San Jose, CA
    Current Employee - Director Engineering in San Jose, CA

    I have been working at Magma Design

    Pros

    Magma has many high quality employees, and is very flexible on working style. And it has some good technology, and there is a tradition of reacting quickly to customer needs.

    Cons

    Senior management lacks vision, and seeks short term gains without a strategic plan. Loyalty is not valued even with talented employees. The company lacks a culture, and has struggled in its core product areas for years.

    Advice to ManagementAdvice

    Replace senior management, and bring long term focus for success. Stop launching new products without a complete plan, and stop over committing and under delivering.

    Doesn't Recommend
    Disapproves of CEO
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  5.  

    Magma, it's been nice knowing you

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Senior Product Engineer  in  Austin, TX
    Former Employee - Senior Product Engineer in Austin, TX

    I worked at Magma Design

    Pros

    Nice people to work with. The say to day environment was outstanding. The pay rates were actually pretty good, unless you were on a commission sales plan, then it might have been tough.

    Cons

    They have destroyed the EDA market with slash and burn pricing, and they are really feeling the pain right now. The management does not have a good idea or plan to improve the situation, the employees are so demotivated the only reason they show up is to keep benefits and hope that something better will come along.

    Advice to ManagementAdvice

    Resign and let someone who knows what they are doing try to turn this around. You have tried it your way for 10 years, and it has not exactly worked out. It was profitable in the short term, and everyone who was smart sold their options when the time was right, but now that the market is destroyed, no one will give you good value for your products ever again.

    Doesn't Recommend
    Disapproves of CEO
  6.  

    Field AE

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - AE Director
    Current Employee - AE Director

    I have been working at Magma Design full-time for less than a year

    Pros

    Magma Design Automation was a software company in the electronic design automation (EDA) industry. The company was founded in 1997 and maintained headquarters in San Jose, California, with facilities throughout North America, Europe, Japan, Asia and India

    Cons

    The marketing, sales, management had so many thing to improved, but the company had almost no chance to finish that...

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  7.  

    The company is in dire straits after acquisition by SNPS

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Software Engineer  in  Greater Noida (India)
    Former Employee - Software Engineer in Greater Noida (India)

    I worked at Magma Design full-time for more than 5 years

    Pros

    Less work pressure, now part of the largest EDA company.

    Cons

    Things are difficult after acquisition by SNPS, the people are treated as outsiders. No clear career path. Extremely uncertain future.

    Advice to ManagementAdvice

    Do not treat Magma employees in SNPS as outsiders

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  8.  

    Poor operations management (hiring/layoff) policy in IT / IS

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Magma Design

    Pros

    Its probably good for EDA folks.

    Cons

    Not a good place for IT / SAP/ IS folks.

    Advice to ManagementAdvice

    Give credit to managers that make things happen.

    Not managers-of-mangers, who had no knowledge
    of how the project happened other than the status of the project.

    Doesn't Recommend
  9.  

    Can be difficult to advance your career here.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Applications Engineer
    Former Employee - Applications Engineer

    I worked at Magma Design

    Pros

    The work can be technically challenging, interesting and well-varied. Some extremely smart and talented people to work with. Some cutting edge (for their time) concepts in EDA.

    Cons

    The company executives often drink their own kool-aid instead of focusing on the reality of the competitive EDA landscape. Company often does not respect your personal time - difficult to get vacation time or work a realistic schedule. When layoffs are looming, they most likely have already selected people to lay off (if you've been there less than a few years - watch out!), but can still make an effort to make it look like those individuals are not performing (for easier termination) by piling on additional work & pulling in due dates so that it's impossible to succeed.

    Advice to ManagementAdvice

    Please be transparent! If the company is targeting solid-performing people for layoffs, don't lead them on, burn them out or make it look like it's all their fault. Don't repeatedly invest in low profit margin technology areas that consume huge development resources and instead focus on strengthening the company's core technologies and quality. Executives need to tone down the rhetoric.

    Doesn't Recommend
    Disapproves of CEO
  10. 1 person found this helpful  

    Company has great technology, literally non-existent quality control, and bad overall execution by management.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Senior Field Applications Engineer
    Former Employee - Senior Field Applications Engineer

    I worked at Magma Design

    Pros

    Cutting edge technology. Smart engineers at the company

    Cons

    No growth potential. You'll work like a dog.

    Advice to ManagementAdvice

    Do a better job of communicating with employees.

    No opinion of CEO

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