Credence Systems

www.credence.com

Credence Systems Reviews

Updated December 12, 2014
Updated December 12, 2014
12 Reviews
3.3
12 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Credence Systems President, CEO, and Director Lavi A. Lev
Lavi A. Lev
6 Ratings

Employee Reviews

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  1.  

    Credence Engineering

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Senior Hardware Design Engineer in Hillsboro, OR
    Former Employee - Senior Hardware Design Engineer in Hillsboro, OR

    I worked at Credence Systems

    Pros

    Great people
    Innovative engineering
    Cutting edge technology

    Cons

    Constant layoffs
    Constant change of direction from upper management

    Advice to ManagementAdvice

    You cannot change directions multiple times on product development cycles that are as long as they are in the ATE industry. Use your MBA and PREDICT where the market will be and the STICK to your prediction. You might be wrong, but otherwise you will simply bankrupt the shareholders.

    No opinion of CEO
  2.  

    Fell on hard times

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

    I have been working at Credence Systems

    Pros

    Laid back work environment, competitive wages and benefits, lots of creative and smart people. Routine employee events and quality resources.

    Cons

    Obviously the fact that they weren't making any money has to be taken as a negative. Layoffs were routine and damaging to morale. Constant management turnover made it challenging to clearly communicate objectives from the top down.

    Advice to ManagementAdvice

    Since I left before the merger with LTX, I don't know enough about the new environment to give any legitimate advice to management.

    Recommends
    No opinion of CEO
  3.  

    Nice and smart people, work environment suffers from constant layoffs.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee in Hillsboro, OR
    Former Employee - Anonymous Employee in Hillsboro, OR

    I worked at Credence Systems

    Pros

    The people here are all friendly and always willing to help even if the problem is out of their specialty.

    Cons

    The constant layoffs could be an emotional strain.
    Upper management does not do a good job in keeping the employees posted about how the company is doing and where the company is heading.

    Advice to ManagementAdvice

    Communicate with the employees more consistently.

    Doesn't Recommend
    No opinion of CEO
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  5.  

    Could've been a great company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Senior Software Engineer in Milpitas, CA
    Former Employee - Senior Software Engineer in Milpitas, CA

    I worked at Credence Systems

    Pros

    Credence's pay does not seem to be bad. It's a great place to be exposed to a lot of different system design issues. People under estimate the difficulties in developing ATE systems, but I actually got to deal with a lot of interesting problems.

    Cons

    Management took too long to make decisions. The product positioning seems to be consistently wrong compared to competitors like Teradyne. There are actually some good engineers in the company, but there talent and energy are wasted working on projects that never got shipped. Historically, the company never developed a successful product internally. All the products that sold well were acquired.

    Advice to ManagementAdvice

    Now that Credence is bought and soon will be killed, there is not much I can say.

    Doesn't Recommend
    Disapproves of CEO
  6.  

    Credence is such a stingy looser in terms of pay and strategic decision making.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Hardware Engineer in Milpitas, CA
    Current Employee - Hardware Engineer in Milpitas, CA

    I have been working at Credence Systems

    Pros

    If you can not find any where else then work for this company.

    Cons

    No current R&D
    No new projects
    Pay for employees have been cut several times and now its what the pay was 5 - 7 yrs ago.
    Management does not have a sense of direction and the Managers are not really engineers/Technical ppl
    Every manager in the company works to save his own position not for the employees he manages

    Advice to ManagementAdvice

    Get some sense of direction. You guys have screwed up the company and employees enough.

    Doesn't Recommend
    Disapproves of CEO
  7.  

    Dissatisfied with Credence Top Management.

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

    I worked at Credence Systems

    Pros

    Reasonable Benefits. Good People. Reasonable Team work

    Cons

    Horrible Top Management. No Vision at all. Extreme short term focus. Too much management turnover

    Advice to ManagementAdvice

    Credence has merged with LTX. Tough job, because even after the merger the company will be a distant No 4 in a shrinking business, in a commodity market. It needs to develop differentiated products to survive.

    Doesn't Recommend
    Disapproves of CEO
  8.  

    Quotation, ARP Software, Customer Relationship Manager, Bid Co-ordination, Tendering

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Customer Relationship Manager in Delhi (India)
    Current Employee - Customer Relationship Manager in Delhi (India)

    I have been working at Credence Systems full-time (more than 3 years)

    Pros

    Learn New things, Supporting Staff

    Cons

    Not proper management of work

    Advice to ManagementAdvice

    Take those employees who are loyal to work thats enough for company

    Doesn't Recommend
    Positive Outlook
  9.  

    Credence Systems, Noida is IT Infrastructure Management Company, offers end-to-end solutions combining deep domain exper

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - ASAP MM CONSULTANT in New Delhi (India)
    Current Employee - ASAP MM CONSULTANT in New Delhi (India)

    I have been working at Credence Systems full-time (more than 3 years)

    Pros

    We help companies integrate key business processes, improving their operational efficiencies and extracting better business value from their investment.

    Cons

    We help companies integrate key business processes, improving their operational efficiencies and extracting better business value from their investment.

  10.  

    Gud working enviornment..

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

    I have been working at Credence Systems full-time (more than a year)

    Pros

    good projects with good learning opportunities, good professional environment, work and leisure balance, transparent review process.

    Cons

    HR Management and other employee referral activities are too clumsy.

    Advice to ManagementAdvice

    Overall, management is doing a good job. They just need to be a bit more appreciative.

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    awesome institute for freshers and job seekers

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

    I have been working at Credence Systems as an intern (less than a year)

    Pros

    excellent oppurtunities for freshers in company

    Cons

    workload is sometime stressfull somedays

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

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