MEMC Electronic Materials Reviews

Cons

constant threats of closing the plants, lay offs, and changing schedules

Cons

Very authoritative but disorganized management. Will force you to make poor decisions, then blame you for poor results

Cons

Always looking to save money, often by laying off people and leaving others to do the work of many
Poor morale among employees
Frequently chooses less expensive out of country options
Usually have to work about 16 hours a day 6 days a week

Cons

Tough business. Has been in a downturn for 5+ years now.

Cons

Processes not very organized, otherwise it was a really good place to work. I would definitely work there again, and would recommend the company to others.

Cons

Execution of strategy was bungled
Toxic senior management (most gone now)

Cons

At times they have poor planning. Then again, who in the industry doesn't?

Cons

Management decisions are slow to reality and cause excessive losses to pile up before they decide that things are going bad and that they need to cut back. Then, by the time they cut back, the business turns around and they need to ramp up again and they are slow to ramp up and lose business because they can't ramp fast enough. Then, it cycles again. Never ending.

Cons

Review the balance sheet over the past 5 years particularly at cash/equivalents and debt and decide for yourself if these are good trends and did they create acceptable value as a result. It's a very political environment so if you're not good at that sort of thing… This place has gone through waves of leaders since leaving Monsanto from a German utility company that knew nothing about the business and ran it into the ground to a VC that put a tyrant of a CEO in place who extracted every dollar of value for his own personal gain while destroying marketshare and the company's reputation to a rookie CEO with a money losing solar strategy.

Cons

Solar Materials division of corporation may have the biggest upside but the weakest management. Recent changes may be an improvement but yet to be seen. P&L prospective is too dominant to allow efficient development of the technologies and those whom challenge status quo and the poor decision for the organization on a whole are not embraced or encouraged to bring constructive counter argument. There are plenty of senior managers still remaining whom do not understand the technology they involved with and seldom consult those who do in critical technology and operational related decisions making. Likely organizational inefficiencies will continue in the matrixed organization with the current senior management. Probably need to move out some of those Solyandra managers that they picked up in the last year would be a good start.