Spansion - Meet Spansion® – Enabling a More Mobile, Digital, Media-Rich Global Society | Glassdoor
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There are newer employer reviews for Spansion

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Helpful (1)

"Meet Spansion® – Enabling a More Mobile, Digital, Media-Rich Global Society"

StarStarStarStarStar
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - IT Manager in Sunnyvale, CA
Current Employee - IT Manager in Sunnyvale, CA
Doesn't Recommend
Disapproves of CEO

Pros

Spansion is the largest company exclusively focused on Flash memory solutions. Flash memory can be found in nearly every electronic device- in cell phones, cars, printers, networking equipment, set-top boxes, high-definition TVs, games and other consumer electronics. As people continue to demand more multimedia content in their homes, at work and on the go, and as electronic products become increasingly complex, the amount of Flash memory in electronic devices will continue to grow.

With a primary focus on the integrated Flash memory market, our solutions are incorporated into electronic products from Original Equipment Manufacturers (OEMs), including the top ten handset, consumer electronics and automotive OEMs around the world.

Cons

low pay, bankrupt, firing without severance

Advice to Management

Sell the company to Micron/Toshiba

Other Employee Reviews for Spansion

  1. Helpful (1)

    "Great engineering, tough business"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Process Engineer in Austin, TX
    Current Employee - Process Engineer in Austin, TX
    Disapproves of CEO

    Pros

    The culture is hard-driving and meritocratic, where respect for people is a core value. There are many exceedingly talented people there with best-in-class performance in many areas. Manufacturing systems are a particular strength.

    Cons

    Layoffs and lean hiring since spinning off from AMD and Fujitsu have left a relatively senior workforce--experienced and talented but also somewhat less vibrant than when I arrived. Benefits have been steadily erroded: sabbaticals were reduced several times and then recently eliminated, the old stock options have been replaced with restricted stock (which are all worth less than the taxes paid on them), the stock purchase plan was eliminated and never replaced, counter to promises from senior management (it would have provided the company cash that they so desperately need). The overall NOR flash business is getting smaller--despite generally outworking the competition, believing in a rosy future requires a leap of faith that one of the new, non-NOR efforts will take off, but those efforts have not all been well supported in the most recent cash-preservation-first days.

    Advice to Management

    There have been several bet-the-company decisions that seem poor. The fact that SP1 was built in Japan, with *zero* government incentives probably killed the company (recent AMD, Samsung, and Intel fabs have all gotten $300M to $1.2B in incentives). The analysis that led to that decision seemed driven more by a desire to make Fujitsu happy in the early days of the spinoff than by sound financial analysis. The engineers at SP1 are generally very good and working very hard, but the SP1 startup has been rocky, and of course it was built a year or 2 too soon. The focus on market share above all else should have been rethought years ago. Blaming the competition for "irrational" pricing when we have gained market share every quarter is foolish. Not raising prices (or stopping the decline) when our factories were full and we were still losing money was foolish. Spending as much money as we did refitting the SDC and then not generating any revenue there was not wise. Our foundry strategy has generally been a disaster: paying TSMC for years and then walking away, teaching SMIC how to compete with us, giving our backend operations away such that we've lost much of the vertical integration and control that we once had. If the new executive team thinks that this is the direction the company should go, I hope that they'll rethink it. Our in-house talent is our best asset--be careful about believing promises that others can do better.


  2. Helpful (3)

    "This company does not care about it's employees."

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Product Engineer in Austin, TX
    Former Employee - Product Engineer in Austin, TX
    Doesn't Recommend
    Disapproves of CEO

    Pros

    The group I worked with was great. The work was usually interesting, and I enjoyed the disappearing "AMD" culture. Generally at the level where work actually gets done, there are a lot of great people.

    Cons

    They are willing to lay you off without any notice and no severance package, even violating the law. The new CEO, John Kispert, is as incompetent as he is heartless. The layoff stunt in parallel with executive pay increases was a PR nightmare that should never have happened, even just beyond the ethics. They have complete disregard for the welfare of employees. I would never recommend or work for this company again. After all, you could be next.

    Advice to Management

    Develop some basic human decency.

There are newer employer reviews for Spansion
There are newer employer reviews for Spansion

See Most Recent

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