Finisar

www.finisar.com
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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

46 Other Employee Reviews for Finisar (View Most Recent)

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  1.  

    Great company to work at

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Contractor - Production Engineer in Sydney (Australia)
    Former Contractor - Production Engineer in Sydney (Australia)

    I worked at Finisar as a contractor (more than a year)

    Pros

    Good work life balance and competitive salaries

    Cons

    No career advancement and a bit political at times

    Advice to ManagementAdvice

    Think about your employees. They are the IP of the company

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  2.  

    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 a 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
There are newer employer reviews for Finisar

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