Spansion

www.spansion.com
There are newer employer reviews for Spansion

1 person found this helpful  

Iron Stomach (and Closed Mouth) Required to Work Here

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

I have been working at Spansion

Pros

I can't deny it - I am well-paid.

Cons

Your vacation time is held hostage by market fluctuations in that you are told when you can and cannot take your vacation. A benefit promised to you can be taken away at any time.

Advice to ManagementAdvice

If you're going on a "money-saving" spree, make it worthwhile and lasting. Truly evaluate how many employees are needed to get a job done. In many cases there are far too many do-nothings and hard-working employees are let go to "save money". In truth it would be cheaper to retain 5 hard-workers and let go of 10 "cheaper" workers. Review your HR department. Those with serious management concerns cannot even get their e-mails responded to by HR.

Doesn't Recommend
No opinion of CEO

120 Other Employee Reviews for Spansion (View Most Recent)

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  1. 1 person found this helpful  

    Great engineering, tough business

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

    I have been working at Spansion

    Pros

    The culture is hard-driving and meritocratic, where respect for people is a core value. There are many exceedingly talented people there with best-in-class performance in many areas. Manufacturing systems are a particular strength.

    Cons

    Layoffs and lean hiring since spinning off from AMD and Fujitsu have left a relatively senior workforce--experienced and talented but also somewhat less vibrant than when I arrived. Benefits have been steadily erroded: sabbaticals were reduced several times and then recently eliminated, the old stock options have been replaced with restricted stock (which are all worth less than the taxes paid on them), the stock purchase plan was eliminated and never replaced, counter to promises from senior management (it would have provided the company cash that they so desperately need). The overall NOR flash business is getting smaller--despite generally outworking the competition, believing in a rosy future requires a leap of faith that one of the new, non-NOR efforts will take off, but those efforts have not all been well supported in the most recent cash-preservation-first days.

    Advice to ManagementAdvice

    There have been several bet-the-company decisions that seem poor. The fact that SP1 was built in Japan, with *zero* government incentives probably killed the company (recent AMD, Samsung, and Intel fabs have all gotten $300M to $1.2B in incentives). The analysis that led to that decision seemed driven more by a desire to make Fujitsu happy in the early days of the spinoff than by sound financial analysis. The engineers at SP1 are generally very good and working very hard, but the SP1 startup has been rocky, and of course it was built a year or 2 too soon. The focus on market share above all else should have been rethought years ago. Blaming the competition for "irrational" pricing when we have gained market share every quarter is foolish. Not raising prices (or stopping the decline) when our factories were full and we were still losing money was foolish. Spending as much money as we did refitting the SDC and then not generating any revenue there was not wise. Our foundry strategy has generally been a disaster: paying TSMC for years and then walking away, teaching SMIC how to compete with us, giving our backend operations away such that we've lost much of the vertical integration and control that we once had. If the new executive team thinks that this is the direction the company should go, I hope that they'll rethink it. Our in-house talent is our best asset--be careful about believing promises that others can do better.

    Disapproves of CEO
  2. 1 person found this helpful  

    a good place to learn

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in Austin, TX
    Current Employee - Anonymous Employee in Austin, TX

    I have been working at Spansion

    Pros

    friendly and helpful co-workers, good work-life balance, amazing place to learn and grow, salary in par in the top companies in semiconductor industry,

    Cons

    legacy systems and practices, tough market-a shrinking NOR market,falling ASPs,bad financial decisions,slow decision making-(eg)projects getting cancelled just when the project is in the final stages citing poor customer demand for that product. These kind of project cancellations keep happening round the year-an absolute waste of resource and money,placing more emphasis on meeting the unrealistic deadline without ensuring the quality by coming up with a good systems of checks and balances

    Advice to ManagementAdvice

    get your priorities clear on which projects you want to work,

    Recommends
    Disapproves of CEO
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