Teradyne

  www.teradyne.com
  www.teradyne.com

Teradyne Reviews

Updated November 18, 2014
Updated November 18, 2014
88 Reviews
3.7
88 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
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Mark E. Jagiela
8 Ratings

Review Highlights

Pros
  • Good work-life balance, very traditional and conservative company (in 5 reviews)

  • Good environment, good people, many learning opportunities (in 4 reviews)


Cons
  • As layoffs continued, the workload for those remaining increased which negatively impacted the work-life balance (in 3 reviews)

  • When I first started there, senior management was mostly engineers who rose through the ranks, now (in 4 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Easy job with low expectations

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee in Nashua, NH
    Former Employee - Anonymous Employee in Nashua, NH

    I worked at Teradyne

    Pros

    Teradyne inc. Has lots of flexibility, nice benefits, great location (if you like new england weather) fun easy going atmosphere. Easy to be successful.

    Cons

    There is a lack of onboarding in the technical arena. Leadership on the floor is determined by new hires 1 month out of school.

    Advice to ManagementAdvice

    Have higher expectations of your management teams, focus on developing your leaders and develop a hiring process that gets you great talent, then expect it from them.

    Recommends
    No opinion of CEO
  2.  

    Teradyne has changed so much that it's nearly unrecognizable.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee in North Reading, MA
    Former Employee - Anonymous Employee in North Reading, MA

    I worked at Teradyne

    Pros

    The individual contributors at Teradyne are generally fabulous. The people who actually develop products are intelligent, knowledgeable, capable, and hard working.

    Cons

    Management treats employees badly, but in insidious ways. They use the stock price and profit sharing incent people into working themselves sick. The real reasons that folks work hard are that they have pride in their work and are terrified of being laid off.

    Advice to ManagementAdvice

    Stop managing the company with reference to 13-week windows. You've already made many short-sighted decisions that are going to catch up with you or your successors.

    Doesn't Recommend
    Disapproves of CEO
  3.  

    mid-size company with large company mentality

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee in Charlotte, NC
    Former Employee - Anonymous Employee in Charlotte, NC

    I worked at Teradyne

    Pros

    good place for my first job. l learn a lot. The engineering levels and growth are structured. Groups were segmented and goals were clear. Job descriptions were clear.

    Cons

    groups too aware or strict about boundaries of job functions. many people were hesitant to cross the line of normal duty for creativity/innovation/thinking out of the box. This works ok in a large company that is segmented, but it is no longer a large company and groups need to be consolidated.

    Advice to ManagementAdvice

    Teradyne is no longer a large company and groups need to be consolidated.

    Recommends
    No opinion of CEO
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  5. 1 person found this helpful  

    Decent Place for Work Has It's Ups and Downs

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Design Engineer in Agoura Hills, CA
    Former Employee - Design Engineer in Agoura Hills, CA

    I worked at Teradyne

    Pros

    There are decent fringe benefits. Employees are friendly in general. Some of the design works are challenging and in certain instances leading-edge.

    Cons

    Hours could be grueling depending on the type of positions. If you worked as an Application Engineer, beware of significant off and odd working hours. The pace of work for design is relatively smooth but the pace for delivery (product/applications) can be intense due to the highly cyclic nature of the business (boom & bust). Senior management is absolutely clueless hence increasing loss of market share.

    Advice to ManagementAdvice

    Don't let a bean counter at the top like what you have currently. He does not understand the business nor will he enhance the business.

    Disapproves of CEO
  6.  

    Managers look out for themselves, disregard employees.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Engineering Employee in North Reading, MA
    Current Employee - Engineering Employee in North Reading, MA

    I have been working at Teradyne

    Pros

    One on one interactions with specific hardware, software, mechanical engineers. Some wonderful individuals in an overall negative, difficult, dispiriting environment.

    Cons

    The work environment includes many individuals who put in 100% without acknowledgment or reward. The ingredients to create a strong work environment are present in these people. But the preponderance of managers who have no regard for their employees prevents that.

    Advice to ManagementAdvice

    Realize that the desire to succeed and to work and live productively and well is something that those who work for you aspire to.

    Doesn't Recommend
    No opinion of CEO
  7.  

    Teradyne - We solve Hard problems---- the hard way

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Semiconductor Design Engineer in North Reading, MA
    Former Employee - Semiconductor Design Engineer in North Reading, MA

    I worked at Teradyne

    Pros

    Interesting technology that pushes the limits of the technology.
    Surrounded by some very bright people with varied interests.
    Nice campus
    Great cafeteria!

    Cons

    layoffs nearly every quarter. Overstaffing in one area to get job accomplished quickly then "Skills rebalancing", translation we are done with you now and need to get rid of you to hire a different skill set.
    Outsourcing of areas that should remain a core competancy.
    Recrruiting the "best and brightest from key Universities and then not giving them any mentoring. Resulting in often bright innovative ideas, though poorly executed and greatly missed schedule

    Advice to ManagementAdvice

    Hire the best and brightest but insure that they work under a senior person with experience in actually getting a product to market.

    Disapproves of CEO
  8. 1 person found this helpful  

    Good job with uncertain future.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Applications Engineer in North Reading, MA
    Current Employee - Applications Engineer in North Reading, MA

    I have been working at Teradyne

    Pros

    Great people and great challenges to solve. Get to work with on a variety of topics in an ever-changing industry. The engineers (of all types) are fantastic to work with, and everyone at this level feels real commitment and pride in what they make.

    Cons

    Too much office politics with upper management, which feeds down negatively to the actual work being done. This level is too focused on personal positioning instead of focusing on acknowledging reality and developing great products in less-than-ideal times. Currently the focus appears to be overly on the stock price with little care about the future of its employees.

    Advice to ManagementAdvice

    Spend some time to prove to the company that our mission is still to develop high quality products. Be blunt about the fact that our target market is dynamic, and that it challenges a product development process, instead of massaging the metrics to make things look good.

    No opinion of CEO
  9.  

    Company with great benefits but none opportunities to grow and career advancement

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Software Engineer III in North Reading, MA
    Current Employee - Software Engineer III in North Reading, MA

    I have been working at Teradyne

    Pros

    Engineers are an asset to the company. Benefits package and vacation time are excellent. Middle order management is helpful and understanding.

    Cons

    No opportunities or training for growth. Not enough flexibility in switching different divisions. Engineers not sent to customer site to experience field work.

    Advice to ManagementAdvice

    Take more risk towards investing outside of ATE business. Add training programs for engineers to grow into management or other areas like finance, etc.

    No opinion of CEO
  10. 1 person found this helpful  

    Ok but better to work at headquarters

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Software Engineer in Fridley, MN
    Former Employee - Software Engineer in Fridley, MN

    I worked at Teradyne

    Pros

    Challenging work in regards to technology and time-frame (under crunch most of the time). Very knowledgeable people to work with.

    Cons

    Never sure of the direction of the company. Changed so many times it was hard to keep count. Not using current technology as far as software goes (C++ instead of C#).

    Advice to ManagementAdvice

    Pick a direction and stick with it. People get very nervous and leave when so many layoffs occur quarter after quarter.

    Doesn't Recommend
    Disapproves of CEO
  11. 1 person found this helpful  

    Fine place to work while the economy is strong

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Software Engineer in North Reading, MA
    Former Employee - Software Engineer in North Reading, MA

    I worked at Teradyne

    Pros

    Flexible schedule, no pressure from collegues or superiors. Can easily get away with working at least one day per week from home, as well as leaving early or coming in late often. Casual atmosphere. Most of the engineers are intelligent and competent enough. Pay is average, but you can get away with working ~30 hours per week so if you're not overly ambitious, pay is pretty good. Health insurance package is decent.

    Cons

    Company/industry is extremely vulnerable to weak demand in the semi-conductor sector. Read massive layoffs during recessions. Teradyne customers only buy Teradyne products if they are experiencing growing demand, or if they have a new product for which they require new testers. If demand for the products of Teradyne customers is flat (not even a recession, just flat), Teradyne will sell little or nothing, meaning during a poor economy, huge layoffs occur. During the tech bust 2001-2003, over half the company was laid off; during the 2008-2009 recession, another 60% of engineers were laid off. In 2000, company employed 12000, now it employs 3000, if that. If you see a recession beginning, start looking for a new job. Even if you are not cut, most of your friends will be, and your salary will also be cut by at least 10%, with no hope of a raise for years at some points.

    Advice to ManagementAdvice

    Despite their experience with numerous industry downturns, management never seems to be preparedahead of time. I'm sorry, but if you make over a million dollars per year, try earning it by preparing the company for weak demand. Management makes huge acquisitions (buying several companies, overall worth more than half of Teradyne's market cap at the time), then recession hits and they lay off most of the people at the acquired companies, making the acquisitions nearly worthless. And also lay off over half of the original staff because cash is low since much of it went toward acquisitions. Find some managers who understand how to operate under Teradyne's business model.

    Doesn't Recommend
    Disapproves of CEO

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