Cypress Semiconductor Employee Reviews about "benefit"

Pros

Stable check and the usual bare minimum benefits.

Cons

Overworked employees and always understaffed,. That company makes billions and has a cheap mindset. Wait for tools to totally breakdown to buy new tools, always putting patches and band aids instead of fixing real problems. They talk a big game, but all is hollow because there is not action. Countless time wasting meetings that go nowhere. Want to soend the holidays with your family? Tough luck cause they don't care. You will work on the holidays. Clueless management that are so out of touch. If all the employees walked out management would not know what to do because they don't even know the proper procedures. They are all YES MEN and Engineers are also in their own bubble and are complicit or the toxic enviroment by not doing Kaizen events or other tools used by any company who uses proper total quality management systems. Quality Control? Who cares! There is no type of innovation or continuous improvement program for procedures or employee development. Some managers have been working there for decades and stuck in the 80's. Just Stay Away. Find yourself a better job. If you are desperate run Favor, doordash or charge scotters with lime. I'm leaving or have already quitted. I'm saving your soul and mental health with this review.

Pros

good benefits and incnetives management

Cons

bad stock options compared to market

Pros

Fast paced work with good benefits and flexible schedule. They put all the tools to succeed at your finger tips.

Cons

Longer than average work hours per week. Schedules are rather short and the guidance for the training for tools is lacking.

Pros

Hires only the best and competitive benefits

Cons

Lots of workload and need to work smart

Pros

Good benefits even for junior operators

Cons

Top heavy organization. Bureacracy Car purchase benefits needs update

Pros

The pay is ok. A few good folks that truly believe in helping the customer and each other. Mostly from Spansion but a few great people from Cypress too.

Cons

I left after 6+ years and can say I saw an ok company (Spansion) get absorbed into a terrible Cypress. Cypress is about placing blame. They are never about the customer, business partners or you the workers. When you tell them a marketing strategy from Cypress does not apply to legacy Spansion parts, they tell you that you are wrong. Then spend the next 2 years complaining about why sales for those parts have dropped - blaming distributors, sales and anyone other than the fact they tripled the pricing on commodity parts and priced us out of the market. Commodity parts don't work on their propriety based pricing model. I've watched an Exec VP fire our rep firm of the year in 2016 to replace them with his personal friends; and sales decline. Year after year Cypress has cut benefits (which are terrible now) with no regards to the employees. I've watched a manager Spansion fired for using business trips to take his wife/GF on to Europe and skip sales calls there get hired back by Cypress - because he's got buddies in the fold (he's a lousy manager by the way). They have absolutely bungled their lay off of customer service and outsourcing US/EU/PAC jobs to Malaysia. As they have for planning for multiple product lines, passing off their mistakes on the industry allocation. I will say the current CEO is better than the insanity of the ego driving, over his head TJ. I could care less that he dropped the F bomb in company letters but taking 3 hours for each company meeting to give you his movie reviews and post famous people quotes (which always included 2-3 of his own after JFK or someone else on his imagined level) was just embarrassing. His business choices were as arrogant and ill informed as the yes men he surrounded himself with. They Cypress is still in a fight with his insiders on the board and in the office 1-2 years later is exhausting. But I have nothing grand to say about Hassane, his milquetoast approach and inability to make any real decisions to lead the company to a better future is frustrating. There is virtually no chance of getting promoted. The constant revolving doors of Exec VP bring in their trusted folks as middle managers. Working hard gets you nowhere. But day to day is a challenge. About 50% of the people you work with is an adversarial interactions. The 'not my job' culture of Cypress as everyone is held 'accountable' so no one offers help way of business is tiring.

Pros

Great place to gain technical knowledge and business expertise. Skilled and dedicated engineers. Good benefits and profit sharing (company was often criticized by wall street for quantity of employee stock compensation). Design and manufacturing experts in the company. CEO loyal to employees.

Cons

Growth opportunities limited as the company has not grown significantly in many years.

Pros

Good pay and stock benefits

Cons

Negative people Yelling and cursing at employees from top down You will do nothing but work in your life here Overloaded processes make it impossible to get anything done

Pros

Cypress has one of the best documentation system. Its Core Values is the foundation of its success today. It offers wide-array of benefits and providing compensation above the industry standard.

Cons

Lots of work and multi-tasking activities. It requires a lot of discipline to maintain the high level of expectation by Management.

Pros

Good benefits with stock plan option

Cons

Not a lot of paid trainings.