Planar Systems

  www.planar.com
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Planar Systems Reviews

Updated Jun 16, 2014

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All Employees Current Employees Only

2.2 13 reviews

0% Approve of the CEO

Planar Systems President & CEO Gerald K. (Gerry) Perkel

Gerald K. (Gerry) Perkel

(4 ratings)

23% of employees recommend this company to a friend
13 Employee Reviews
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    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

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    Great culture to work in; questionable business results

    Anonymous Employee (Current Employee) Beaverton, OR

    ProsGood benefits and friendly work environment. The products are interesting to work with.

    ConsThe company struggles to make money and as a result has numerous strategy adjustments and layoffs.

    Advice to Senior ManagementFocus on being successful at fewer things.

    Yes, I would recommend this company to a friend

    • Culture & Values
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    Great engineering team - poor management from the top down.

    Anonymous Employee (Former Employee) Hillsboro, OR

    ProsBenefits were fairly good. The people in the engineering group were the best reason to work there. Most are hard-working, nice and easy to work with.

    ConsManagement does not listen to the people in the trenches, and therefore seems to make the same mistakes over and over again. They

    Advice to Senior ManagementActually listen to your employees instead of paying them lip service. Saying in each quarterly meeting that "we have to work harder and smarter" hardly engenders any passion or loyalty.

    No, I would not recommend this company to a friend

    • Culture & Values
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    Surprised the company is still standing

    Anonymous Employee (Former Employee) Beaverton, OR

    ProsWorking in a display company is pretty cool. You're surrounded by high tech tv's for heaven's sake! The benefits are pretty good - lots of vacation time and good health benefits as well as 401K contributions.

    ConsLeadership is terrible. High stress. Bad decisions are made there every day and still the CEO remains. Losing money up the wazoo every day.

    Advice to Senior ManagementRather than laying off and treating badly the very talented worker bees, start with the top and get in better leadership.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    In a decline toward insolvency as the company continues to lose money.

    Anonymous Employee (Former Employee)

    ProsSome solid engineering and operations resources, primarily gained from other Portland area layoffs.

    ConsSenior management is simply not competent. Those that were have left. The company is run more like a club of insiders than a business. More concern with the stock price and latest quarter than establishing a real strategy to succeed.

    Advice to Senior ManagementFind a buyer

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Culture & Values
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    Miserable Company and going straight downhill

    Engineering Director (Current Employee) Portland, OR

    ProsIf you are homeless and starving it might be good option but otherwise stay away. Constant layoffs and company not making money. Terrible leadership and no future. This company is a shell of its former self. It is astounding that that those leading this company are still here.

    ConsTerrible leadership, losing money and selling off profitable business units to stay afloat. Constant layoffs lead to low morale and lack of interest. No profits are leading to no bonuses and nothing but head count reductions. No upward mobility and nothing to keep highly qualified employees to stay.

    Advice to Senior ManagementLook at you record and stop making excuses.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Work/Life Balance
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    Going through some minor internal changes right now but great company overall

    (Current Employee) Beaverton, OR

    ProsPays well, respects ideas and contributions of employees, offers good benefits, provides flexibility in allowing employees to determine their projects and contributions based off their skill set, flexible work hours and good, friendly cohesive atmosphere among employees.

    ConsSome minor internal changes taking place that are confusing, some sense of frustration from a few employees about management/productivity/their roles but overall most employees seem to be happy and are making proactive contributions to improve the company as a whole.

    Advice to Senior ManagementA little bit more communication/access to top executives and managers as well as a clear idea of where the head leadership wants to go with current internal changes would be nice moving forward otherwise company seems to be doing well.

    Yes, I would recommend this company to a friend

    • Work/Life Balance
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    • Disapproves of CEO

     

    Do your homework before joining

    Product Marketing Manager (Former Employee) Waltham, MA

    ProsPlanar offers Great benefits. Work life balance is good. Very pleasant people and team. Individual business units vary a lot in terms of growth opportunities. There are some employees that have been there for a while and know the markets really well, but it is hard to retain talent if the company performs this bad.

    ConsCompany is not doing good. The overall strategy the company has chosen seems to be headed in the wrong direction. All time low stock price, employee morale seems to affect productivity and confidence in a recovery is lost. Acquisition seems to have been done on the fly with limited due diligence on the segment. This has put a lot of burden on the current business units.

    Individual business units vary a lot in terms of growth opportunities, but overall layoffs have demanded more work and less rewards.

    With 17M in cash, and 12M market cap, if the company is not buying back shares, or going private, it shows the confidence they have in themselves and the market.

    Advice to Senior ManagementSome good business units should be spun off, and some shut down. At 12M market cap now, planar should just buy themselves out and go private. There is no reason for this company to be public. They are spending more money auditing and maintaining staff to meet sarbanes oxley that they can cut. With 17M in cash, and 12M market cap, if the company is not buying back shares, or going private, it shows the confidence they have in themselves and the market.

    No, I would not recommend this company to a friend

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    • Disapproves of CEO

     

    Used to be a wonderful place to work unforunately now its a shell of its former self.

    Systems (Current Employee) Portland, OR

    ProsUsed to be a wonderful place to work unforunately now its a shell of its former self.

    Consworst management at al levels. Hire bottom of barrel instead of the TOP quartile as in the past. Everyone is just waiting for more layoffs.

    Advice to Senior ManagementFire non-performers. Look for results and be accountable. Get rid of the home threatre business unit. They have never made money and will ultimately bankrupt this company. Respect the Industrial business unit and recognize that they have been carrying this company for decades.

    No, I would not recommend this company to a friend

    • Work/Life Balance
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    • No Opinion of CEO

     

    A leader to the race to the bottom

    Anonymous Employee (Former Employee) Beaverton, OR

    ProsMoney, desperation - it's good enough if you have no other alternative

    ConsLayoffs, poor compensation - not the worst in town but you'll have entirely precarious employment and sub par compensation.

    Advice to Senior ManagementRetain employees, cut your own salaries

    No, I would not recommend this company to a friend

    • Work/Life Balance
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    • Comp & Benefits
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    I hope it all works

    Regional Product Specialist (Current Employee) Beaverton, OR

    ProsGood company with excellent products and an aggressive growth plan. The recent aquisitions of Runco and Vidikron have greatly enhanced the product offerings to the residential market and should boost the bottom line greatly.

    ConsSome of the management are known for running other display companies into the toilet. With the recent departure of Scott Hix this is hopefully no longer an issue. The biggest risk faced by Planar is the potential destruction of the Runco and Vidikron brand names. If these products are all just turned into different Planar models, without the emphasis on performance and brand discinction, this experiment is doomed.

    Advice to Senior ManagementDon't run Runco and Vidikron into the ground

    Yes, I would recommend this company to a friend

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