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Credence Systems – “Dissatisfied with Credence Top Management.”
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 Senior Management
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.