Pros

Cypress has an exceptional compensation and benefits package, which includes profit sharing, quarterly bonuses, stock purchase plan, comprehensive a-la-carte medical package utilizing state-of-the-art plans and programs.

The team-oriented culture of CY makes for great working relationships, and employees are typically very personable and easy to work with. The interview process itself, focuses as much on "cultural fit" as it does on technical or professional merit.

Cons

Cypress products are exciting, if not always successful in the marketplace. Many great products have withered on the vine, causing many lost jobs over the years. If you are employed by CY, just pray that your product or manufacturing line won't get cut! Average tenure at CY is just about 2.5 years, so turn over seems high compared to the industry, a potential indicator of dissatisfaction with the empoyer, but I'll let the ratings speak for themselves, as more and more CY employees rate their employer.

TJ Rodgers instills an atmosphere of intimidation and fear, and finger pointing down the hierarchy is often a result. Also, because of the intimidating culture, management is often left in the dark as to project status due to fear of punishment on the part of rank-and-file employees.

There is an unfortunate atmosphere of competition between design centers, especially harmful when most projects are completed utilizing resources from many different design centers in vastly varying time zones. Stress easily forms with overly aggressive and unreasonable project schedules and deadlines.

Advice to Senior Management

CY management needs to remove the blinders and look more at the big picture. For example, does cheap offshore labor really save CY, when engineers are being shuttled across continents at exorbitant travel expenses all the time? Further, management needs to do a much better job of project scheduling. Projects often slip schedule by quarters if not years, indicating how out of touch management is with design schedules.