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Abhi tallies the layoffs again...

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
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)

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 ManagementAdvice

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

Doesn't Recommend
Negative Outlook
Disapproves of CEO

440 Other Employee Reviews for LSI (View Most Recent)

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  1.  

    Mutual respect for each other

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

    I have been working at LSI full-time (less than an year)

    Pros

    Very nice & decent people.

    Cons

    A little slower to adopt newer methodologies.

    Advice to ManagementAdvice

    Keep up the good work! You know what works long term vs. short term gains.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    company overview for lsi corp

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Intern in Mendota, MN
    Former Employee - Intern in Mendota, MN

    I worked at LSI as an intern (less than an year)

    Pros

    good work culture for work

    Cons

    low salary pay for interns

    Advice to ManagementAdvice

    more intern participation

    Recommends
    Positive Outlook
    Approves of CEO
There are newer employer reviews for LSI

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