Teradyne – “A once great company to work for...”

Pros

Not many these days. This is a company that has laid off thousands of people, outsourced every job possible -EXCEPT senior management.

Other than that a decent benefit package, nice workplace, but not much else

Cons

Management is isolated, and does not practice what it preaches. Layoff after layoff... employees are treated like expenses. Senior management that protects itself, while laying off thousands of employees

An example of the hippocritical management - in 2008, many employees were forced to fly to Asia in coach, while the policy clearly stated long flights should be business class, and the senior staff contiued to fly business class.

Advice to Senior Management

First, cut your own ranks - 12,000 employees to 3000 employees, but more executive management than ever.

Second - be fair, don't allow the consistent protection of a few manager's "favorites" when laying off people.

Third, Remember that you have a job because many people work incredibly hard. Treat employees like assets, not expenses.