Magma Design - The company is in dire straits after acquisition by SNPS | Glassdoor
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There are newer employer reviews for Magma Design

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"The company is in dire straits after acquisition by SNPS"

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Software Engineer in Greater Noida (India)
Former Employee - Software Engineer in Greater Noida (India)
Doesn't Recommend
Negative Outlook
Disapproves of CEO

I worked at Magma Design full-time (More than 5 years)

Pros

Less work pressure, now part of the largest EDA company.

Cons

Things are difficult after acquisition by SNPS, the people are treated as outsiders. No clear career path. Extremely uncertain future.

Advice to Management

Do not treat Magma employees in SNPS as outsiders

Other Employee Reviews for Magma Design

  1. "It was an enriching experience but unsatisfying financially"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Approves of CEO

    Pros

    Startup culture. Work responsibilities were good.

    Cons

    Salary Increments were not satisfactory.

    Advice to Management

    None


  2. "working at magma"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Member of Technical Staff in Mumbai (India)
    Former Employee - Senior Member of Technical Staff in Mumbai (India)
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Magma Design full-time (More than 3 years)

    Pros

    the environment inside is very casual and relaxed.

    Cons

    there was no progress for almost 3 years!

There are newer employer reviews for Magma Design
There are newer employer reviews for Magma Design

See Most Recent

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