Planar Systems - Going through some minor internal changes right now but great company overall | Glassdoor
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There are newer employer reviews for Planar Systems

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"Going through some minor internal changes right now but great company overall"

Star Star Star Star Star
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Anonymous Employee in Beaverton, OR
Current Employee - Anonymous Employee in Beaverton, OR
Recommends
Approves of CEO

Pros

Pays 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.

Cons

Some 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 Management

A 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.

Other Employee Reviews for Planar Systems

  1. "Do your homework before joining"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Product Marketing Manager in Waltham, MA
    Former Employee - Product Marketing Manager in Waltham, MA
    Doesn't Recommend
    Disapproves of CEO

    Pros

    Planar 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.

    Cons

    Company 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 Management

    Some 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.


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

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Systems in Portland, OR
    Current Employee - Systems in Portland, OR
    Doesn't Recommend
    Disapproves of CEO

    Pros

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

    Cons

    worst 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 Management

    Fire 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.

There are newer employer reviews for Planar Systems
There are newer employer reviews for Planar Systems

See Most Recent

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