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Infineon Technologies – “IFX is doomed

1 of 1 people found this helpful

Aug 22, 2008

1.0

Infineon Technologies Senior Staff Engineer in Munich (Germany):   (Current Employee)

Pros

- exciting technologies
- Infineon is the technology leader in a couple of market segments which could be the basis for a sustainable profitable company
- and will probably evolve as a good company to work for once it's current trouble blow over

Cons

- the organizational setup of the company is an unlimited source of frustration
- IFX managament is constantly a victim to it's own lies
- Infineon has terrible corporate governance (it's supervisory board is controlled by SIEMENS which obviously does not have a clear idea how to setup a profitable compay
- Infineon's way of management tends to ignore reality and is mostly surprised when they ultimately have to face it
- the best CEO IFX ever had was recently ousted (W.Ziebart)
- working for IFX is like banging your head against the wall 24/7
- Infineon's technical ladder system is completely degraded and absolutely demotivating
(in reality it creates 2nd class employees, which can be pushed around by whomever is not part of the technical ladder). There is no system in place which makes sure that grades on the technical ladder are awarded based on merits. It is rather driven by politics and proximity to the headquarter

Advice to Senior Management

- face reality for once
- merge with a company which knows how to run a company in that field, Infineon is a lost case
- stop reorganizing the company on the paper only (usually the organization chart is not worth the paper it is printed on)

Comment (1)

Sep 1, 2008

by TooTrue:

So much of you said is so sad but true. At least I am not the only one that feels this way...
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Infineon Technologies Overview (IFNNY )
Web
www.infineon.com
Industries
Size
5000+ Employees, $6B+ Revenue
HQ
Neubiberg, Germany
Competitors


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