This place is a complete mess and it's time to jump ship... - Anonymous employee Semtech Employee Review

2.0
Oct 23, 2023
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

- I haven't been laid off (yet). - I'm getting a paycheck. - Benefits are decent, though they are expensive. - New CEO said we could expect quarterly raises if we deserve it, but we'll see... - Just restructured a loan from the acquisition (which is apparently a good thing, even though it tanked our stock price AGAIN). - The end.

Cons

- Seemingly constant layoffs for the past year with no end in sight. - New CEO who not only has zero strategy (other than not backfilling people to drive costs down, and telling everyone that we he doesn't want us here if we're not motivated right now) or goals (he talked about the importance of goal setting in the all hands, then when asked a question about his goals, he admitted he didn't have any!), but he doesn't barely communicate at all. Nearly half our C-suite has left and there's not been a word about it from him. - Sierra acquisition has absolutely killed our stock value. - We're losing good talent everywhere - Cost cuts are the only thing we seem to be doing to make our numbers, when it seems like every time I turn around, there's another 10 people gone in our sales team. - EVERYONE is paranoid about their jobs and I don't know one person who isn't actively looking to leave.

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5.0
Jun 8, 2026
Recommend
CEO approval
Business Outlook

Pros

Great Benefits, Nice People, Engaging Work, Great management and Team

Cons

Low physical presence in the office, low inter-department collaboration

4.0
Jun 30, 2026
Recommend
CEO approval
Business Outlook

Pros

Great use of technology. Access to the information needed to get the job done. Great products to design in with customers. Nimble, responsive teams.

Cons

Growing pains with new go to market.

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