2.0
Oct 24, 2023
Former employee, more than 10 years
San Jose, CA
Recommend
CEO approval
Business Outlook
Pros
Good share price appreciation, especially with (one-off) 7 year RSU grants. Tight financial management. Very little business travel. Some excellent engineers and managers.
Cons
CEO broken promise on health insurance (upon Broadcom acquisition). Pay freezes with no logical justification, but employee benefit costs still rise .. Quotas for higher grades, making timely promotion impossible. Company-wide edicts. Some business units are very resistant to change. Many are just staying to milk the shares, putting in as little effort as possible.