There are newer employer reviews for Finisar
There are newer employer reviews for Finisar

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great people, poor business model

  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Lead Software Engineer in Sunnyvale, CA
Current Employee - Lead Software Engineer in Sunnyvale, CA

I have been working at Finisar

Approves of CEO
Approves of CEO

Pros

People at Finisar are very nice and company is trying hard to keep it this way. I heard from several people that it's so imporatnt fot them that they would be reluctant to switch company even if somebody else would offer them a 10-15% higher salary. Company currently is number one in the world in terms of market share of optical components ( modules).
Senior management is generally resonable. Most of the times they do smart things. unfortunately, when they do make mistakes, mistakes are terrible and have negative influence on company's valuation ( read stock price) for years. That's it

Cons

Number one problem is lack of career opportunites. Because US R&D head count basically stays constant over years and all manufacturing side has been moved overseas, there are essentically no career oppotunities at Finisar US.
Second problem is a broken business model. Finisar sells optical components to large companies. Cisco is number 1 or number 2. While Finisar is constantly struggling to be profitable, Cisco, HP and other brands resell Finisar products to their customers for literally 10 times of what they pay to Finisar. It certanly makes it very hard for Finisar to become profitable. Stiff competition does not make it easier. Plus, history of M&A shows Finisar senior management beleives it's competitors are always have superior technology. Only after deal is done managers realize price they paid was too steep. It happened 4-5 times and apparanetely management learned nothing

Advice to Management

Think twice about new M&A. Expand into new areas like Test & Services

0 reviews filtered by
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  1. Good Company, Bad Management

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Product Engineer in Ipoh (Malaysia)
    Current Employee - Product Engineer in Ipoh (Malaysia)

    I have been working at Finisar

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great technology, there's a lot to learn.

    Cons

    Management is not so good.

    Advice to Management

    Clear-cut job descriptions


  2. Helpful (1)

    Product engineer

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

    I have been working at Finisar

    Doesn't Recommend
    Approves of CEO
    Doesn't Recommend
    Approves of CEO

    Pros

    No pressure
    Peaceful work
    Friendly co-workers
    Good work/life balance
    Good sports facilities

    Cons

    Less salary
    Partial management
    Nothing to learn after few years
    No growth


There are newer employer reviews for Finisar
There are newer employer reviews for Finisar

See Most Recent

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