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There are newer employer reviews for LSI

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Helpful (2)

Abhi tallies the layoffs again...

  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Senior Software Engineer in Austin, TX
Current Employee - Senior Software Engineer in Austin, TX

I have been working at LSI full-time (More than 10 years)

Doesn't Recommend
Negative Outlook
Disapproves of CEO
Doesn't Recommend
Negative Outlook
Disapproves of CEO

Pros

the engineers are talented. The benefits are good. The work can be challanging.

Cons

The bottom line for LSI is the stock price. In there's a revenue shortfall LSI will lay off anywhere from 10-25% of the U.S. based engineers every December or January to make up for it, to meet their profit target. The company has a zero budget process, and do stock buybacks instead of increasing the R&D budget. To invest in new areas they lay off in others. There's constant layoffs and it's not always performance-based. The engineers are scared. Productivity has gone down. The top executives have insulated themselves from the sad reality of their actions and the affect it has had on the LSI community. Does this sound like an enjoyable workplace to you?

Advice to Management

please have a real conversation with your employees at the next quarterly update.

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  1. Helpful (2)

    Change is sometimes for the worse

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

    I have been working at LSI full-time (More than 10 years)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Good working level people, good technology, teamwork in parts of the business is excellent. Generally the working level teams care about the business and the company - can't say the same as you move up towards the top.

    Cons

    Politics and micromanagement from top down is a morale killer and large time sink

    Advice to Management

    Listen to your teams & the folks on the front line - there are a lot of good things that are being overwhelmed by excessive overhead and framing


  2. Very methodical across every process

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior IC Design Engineer in Longmont, CO
    Current Employee - Senior IC Design Engineer in Longmont, CO

    I have been working at LSI full-time (More than 5 years)

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Some of the best practices employed across the industry standard.

    Cons

    One can sit in the same chair years together without being motivated to move further.

    Advice to Management

    Employee development pro activeness might be required from management.


There are newer employer reviews for LSI
There are newer employer reviews for LSI

See Most Recent

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