Magma Design Reviews

Updated June 7, 2015
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44 Employee Reviews

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  1. Constant change regardless of results

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Application Engineer in San Jose, CA
    Current Employee - Application Engineer in San Jose, CA

    I have been working at Magma Design

    Disapproves of CEO
    Disapproves of CEO

    Pros

    Acts like a startup, innovative

    Cons

    Is not a startup, growth limited by opportunistic and short sighted mgmt behavior.


  2. with immature and inexperienced folks at top level across R&D/AE, be prepared for no career growth ...

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Staff Applications Engineer in San Jose, CA
    Former Employee - Staff Applications Engineer in San Jose, CA

    I worked at Magma Design

    Doesn't Recommend
    Disapproves of CEO
    Doesn't Recommend
    Disapproves of CEO

    Pros

    It has very good technology and probably is the only EDA company where you will have opp to learn entire flow from RTL-GDSII and become an expert. Lot of oppurtunities to learn and excel at new technologies

    Cons

    Worst work-life balance with avg pay. Mgmt forgets that you have life and 70hrs workweek is very common ...with immature mgmt and inexperienced folks sitting at top levels , decision making is very skewed and talented employees are rewarded very well. Very artificial praises is the best you can get from mgmt ..with top brass so political and often trying to save their jobs, your credit is taken as theirs...

    Advice to Management

    with just 600 ppl, please try to encourage non-political free culture and reward your employees well especially support staff...they substitute your tools instability and features...promote only ppl who have experience and maturity ... also if a product is not catching up, please change the R&D architects and you need fresh eyes...


  3. Good place to work as an Engineer

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Member of Consulting Staff in San Jose, CA
    Current Employee - Member of Consulting Staff in San Jose, CA

    I have been working at Magma Design

    Approves of CEO
    Approves of CEO

    Pros

    As an Engineer, Magma is a good place to work. Adequate challenges and it's a complex piece of software. Lots of scope to become a good coder.

    Cons

    EDA as such is not booming. So, don't expect too much growth. Fourth in the field, so there's constant pressure to perform.


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Excellent place to work

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in San Jose, CA
    Current Employee - Anonymous Employee in San Jose, CA

    I have been working at Magma Design

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    Pros

    Lack of politics, merit oriented company

    Cons

    Medium sized company in a competitive industry


  6. Hectic work, company small enough that you can make a difference, NO respect for employees

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in San Jose, CA
    Former Employee - Anonymous Employee in San Jose, CA

    I worked at Magma Design

    Disapproves of CEO
    Disapproves of CEO

    Pros

    - It's small enough you can make a difference
    - good career growth if you can fight you way up (small company but lots of politics)
    - good pay (but bonus is pretty much not funded)
    - aggressive CEO is a plus (but also a minus...)

    Cons

    - Magma used to have an edge, now lost with the top engineers gone
    - lots of work, long hours, changing target every quarter
    - If you are an engineer in the US, chance is that you will be eventually outsourced to India.
    - the CEO, Rajeev Madhavan, runs the company like it belongs to him. He made a lots of strategic mistake, acquiring companies w/o any business outlook, disregarding feedback from tech-savvy people, wasting a few $100M's that would have been better invested in Magma's R&D. His authority is not balanced by the board that he has in his pocket. Rajeev is a crook keeping the company afloat thanks to his "charm".
    - the senior exec level's main job is to deflect issues onto their subordinates so that they can keep their well-paid jobs
    - lots of layoffs, threatening environment, no ethical culture, employees treated like meat, therefore there is zero loyalty to the company

    Advice to Management

    - replace senior execs!
    - respect employees
    - discounting tools will only slow down Magma's death, and hurts EDA as a whole. Innovate!
    - Magms's bread-and-butter is still P&R, move the whole thing in India to cut cost
    - invest in high-flying engineer talents in US and India to design innovative tools and solutions


  7. Employer Review

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Member of Technical Staff in San Jose, CA
    Current Employee - Member of Technical Staff in San Jose, CA

    I have been working at Magma Design

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    Pros

    Flexibility in location of work, fellow employees help each other most of the time, management keeps employees informed of activities in the company

    Cons

    Nothing as such wrong with the company but it faces tough competition and has challenges in keeping its accounting books showing profits

    Advice to Management

    Retain the good employees, enough layoffs done over past 3 years, if something needs restructure then that is the management levels


  8. No Comment

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - No Comment in Austin, TX
    Current Employee - No Comment in Austin, TX

    I have been working at Magma Design

    No opinion of CEO
    No opinion of CEO

    Pros

    Small, fast decision making, great opportunity to influence the company direction

    Cons

    To concentrated in San Jose. Small, in tough economy could be risky

    Advice to Management

    No Comment


  9. Helpful (1)

    Chaotic

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Director Engineering in San Jose, CA
    Current Employee - Director Engineering in San Jose, CA

    I have been working at Magma Design

    Doesn't Recommend
    Disapproves of CEO
    Doesn't Recommend
    Disapproves of CEO

    Pros

    Magma has many high quality employees, and is very flexible on working style. And it has some good technology, and there is a tradition of reacting quickly to customer needs.

    Cons

    Senior management lacks vision, and seeks short term gains without a strategic plan. Loyalty is not valued even with talented employees. The company lacks a culture, and has struggled in its core product areas for years.

    Advice to Management

    Replace senior management, and bring long term focus for success. Stop launching new products without a complete plan, and stop over committing and under delivering.


  10. Good place to learn and a good environment

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in San Jose, CA
    Current Employee - Anonymous Employee in San Jose, CA

    I have been working at Magma Design

    Recommends
    No opinion of CEO
    Recommends
    No opinion of CEO

    Pros

    The people are great to work with and learn from.

    Cons

    Silent performers are not rewarded, one has to be in the lime light to gain recognition.
    Salaries can vary hugely amongst same level co-workers based on no good reason.

    Advice to Management

    Employee retention should be given its due importance by means of competitive compensation amongst other things such as improving employee benefits.


  11. If you dont mind slogging, best technology place to work in EDA..

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Field Applications Engineer in San Jose, CA
    Current Employee - Senior Field Applications Engineer in San Jose, CA

    I have been working at Magma Design

    Approves of CEO
    Approves of CEO

    Pros

    Exciting technology, top notch talent pool and good knowledge sharing

    Cons

    u have to slog a lot

    Advice to Management

    identify potential leaders and groom them, was very ambitious and expanded into too many areas too fast..should have better vision and execution strategy...



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