Finisar

  www.finisar.com
  www.finisar.com
There are newer employer reviews for Finisar

 

great people, poor business model

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

I have been working at Finisar

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 ManagementAdvice

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

Approves of CEO

44 Other Employee Reviews for Finisar (View Most Recent)

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  1.  

    interesting product

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

    I worked at Finisar full-time (more than an year)

    Pros

    -Good benefits (dental, interest subsidy for house and car loan)
    -Competitive salary package
    -good learning environment

    Cons

    - organization structure change frequently
    - Politic environment

    Advice to ManagementAdvice

    -listen to employee

    Recommends
  2.  

    Worked as an IT engineer, didn't like the work or the people and the management

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

    I worked at Finisar full-time (less than an year)

    Pros

    Good people and average compensation

    Cons

    too much micro management, growth is slow

    Advice to ManagementAdvice

    Provide good training and manage according to metrics

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
There are newer employer reviews for Finisar

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