Gennum Reviews | Glassdoor

Gennum Reviews

14 reviews

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Full-time Part-time

2.7
Star Star Star Star Star
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Recommend to a friend
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Franz J. Fink
8 Ratings

14 Employee Reviews

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  1. Helpful (2)

    "It's just OK"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    No opinion of CEO

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

    Pros

    The people really seem to like each other. Most of the staff is very friendly. Interesting work.

    Cons

    The company has taken a turn for the worse ever since they were acquired by Semtech Corporation out of California.

    Advice to Management

    I have no words for them.


  2. "Great place to work"

    Star Star Star Star Star
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

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

    Pros

    Great atmosphere and people. Employees well taken care of with intentions of retention.

    Cons

    Under new management now, things have changed drastically

    Advice to Management

    more life/work balance


  3. Helpful (1)

    "Very poorly run"

    Star Star Star Star Star
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    the people, and interesting work

    Cons

    senior management was out to lunch


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Helpful (1)

    "First few years were great, later years a supreme disappointment."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Engineer
    Current Employee - Engineer
    Doesn't Recommend
    Disapproves of CEO

    Pros

    The people are (or were) great to work with (until most of them were divested or let go). World-beating products. Intellectually nurturing environment (until recently).

    Cons

    Current management's only interest in the company is having tlhe letters C.E.O. after his name, along with a pile of cash. He came in with one goal in mind: use a small but well-established company as a stepping stone to a "real job". He spouted the latest management buzzwords that anyone could have picked up in a $30.00 book at Chapters/Indigo, reduced the company to a fraction of its former self, and destroyed a wonderful family-like culture.

    Advice to Management

    Take the money and run, because you have lost all respect.


  6. Helpful (1)

    "Great culture with previous management, new management under Franz Fink only interested in lining their pockets"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Disapproves of CEO

    Pros

    Solid extended benefits, great vacation benefits.

    Cons

    Poltical environment where backstapping and undermining of colleagues is the norm. Management supports it or just looks the other way. The new management and board of directors have simply engaged in a window dressing exercise and failed to execute on their plans to grow the company 5 to 6 times their current revenue. The financials of the company over the last 5 years pre and post new management supports this reality. In fact looking at their financials in this light one sees revenue as being generally flat since the new management and board of directors have taken over. Recent prouncements by management about sucessful revenue growth does not mention that most of this growth was through the acquisition of another company and not organic. Management has failed to capitalize on the only remaining inflexion points it had been exposed to and will never breakthrough the $200m in revenue threshold let alone $175M.

    Advice to Management

    Start seeking a buyout.


  7. Helpful (2)

    "Great place to start your career"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Engineer in Burlington, ON (Canada)
    Current Employee - Engineer in Burlington, ON (Canada)
    Doesn't Recommend
    No opinion of CEO

    Pros

    Good , dedicated and smart people.

    Cons

    The direction of upper management is not clear.


  8. Helpful (1)

    "Going downhill fast,... A shadow of it's previous self"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Disapproves of CEO

    Pros

    Flexible hours
    Got paid on time
    People are nice
    Work environment (office) is nice
    Head-Office location is in a nice city (# 3 city to live in Canada, according to MoneySense)

    Cons

    Upper management focused on lining pockets instead of creating actual value.
    Political environment instead of performanced-based.
    No clear set of objectives set by management (objectives set late in the year, where they are impossible to achieve, hence no bonuses.)
    No company loyalty towards employees
    Creating a class culture of haves and have-nots at Gennum.

    Advice to Management

    Rule #1: Upper Management should work at creating shareholder value. No shareholder value created overtime should equal no bonuses, special incentives, long-term incentives or stock options. Just look at the $6.4M in incentives already awarded in 2011 to a select few. They are robbing shareholders of value (look at the share price of the last 4 years).
    Rule#2: Special incentives need to be amortized overtime, which lowers EPS even lower than it would be. However, upper management doesn't care (or understand) as they will walk away with their money and not care about the rest of the empoyees.

    These are signs of significantly bad management. If you can, stay away from this company.

    FYI, I did not get fired (as I may sound disgruntled), I quit... There are much better opportunities out there.


  9. "Could be great company, managment makes it ok"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Toronto, ON (Canada)
    Current Employee - Anonymous Employee in Toronto, ON (Canada)
    Doesn't Recommend
    Approves of CEO

    Pros

    Roles are very well defined and respected
    You can learn a lot of diferent tasks
    Open to implementing new ideas
    Work on advanced technologies

    Cons

    Can be hard on work-life balance (depending on unit)
    Management has a hard time recognizing problems and acting quickly
    A lot of effort is spent on extinguishing fires instead of preventing them
    Employees need better salaries. You can not expect to get the best and brightest if you offer average salaries

    Advice to Management

    Implement a retention program for critical personnel
    Projects need to be planned realistically
    Listen to youre emploiees


  10. "Great company at one time, slipping and loosing its course."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - IT Manager in Burlington, ON (Canada)
    Former Employee - IT Manager in Burlington, ON (Canada)
    Recommends
    Disapproves of CEO

    Pros

    Good Stable company to work for
    Great people

    Cons

    Poor leadership and company direction

    Advice to Management

    Listen to the experience there, instead of getting rid of them or letting them go.


  11. "Intermediate Engineer"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Intermediate Engineer in Burlington, ON (Canada)
    Former Employee - Intermediate Engineer in Burlington, ON (Canada)
    Disapproves of CEO

    Pros

    Bonuses were good in the early 2000s .

    Cons

    New CEO cares less about employees vs the previous ones, and his decisions made the company worse off.

    Advice to Management

    Attempt to manage a bad situation so that it is profitable, rather than cutting and selling a potentially lucrative business and in the end just making your company worth less that it would have if you just did your job.



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