Veeco Instruments Reviews | Glassdoor

Veeco Instruments Reviews

Updated February 22, 2017
87 reviews

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2.6
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Veeco Instruments CEO and Director John R. Peeler
John R. Peeler
38 Ratings

87 Employee Reviews

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Pros
Cons
  • Senior management are liars, unfair and genuinely don't care about people (in 6 reviews)

  • Profound Lack of vision and leadership at the engineering 'leadership' level (in 3 reviews)

More Pros and Cons

  1. "Global Sales"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Global Sales in Plainview, NY
    Current Employee - Global Sales in Plainview, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Veeco Instruments full-time (More than a year)

    Pros

    After working in the high tech / capital equipment / semiconductor world for many years, I find Veeco's culture to be a breath of fresh air. The environment is excellent - great executive sales and service leadership, no hidden agendas, clear objectives and a team that is built to drive additional value for both internal and external stakeholders. I can see the Executive Team has spent the last several years strengthening the management bench and fostering a culture of trust while having fun at the same time!

    The Senior Management Team communicates well and is not just focused on quartely results but ... growing the company organically and via M&A as well. Enough structure and processes to be held accountable as a publicly-held company, but not too rigid or structured that kills innovation, progress or speed!

    The "team" approach at Veeco is great - people looking to make a difference, provide world-class products and differentiated technology without all the baggage of employees constantly worrying about an old-school "CYA" mentality. You can really voice your opinion and make a difference at Veeco.

    The company continues to invest, build engineering and spend where needed! Management has right-sized operations and facilities in a thoughtful and respectful manner.

    Cons

    It's not Silicon Valley, but is that a con? It's the semiconductor industry but I presume those looking at Veeco already know about the nature of capital equipment and semiconductors!

    The management is doing a better-than-above-average job of building businesses that help to weather the segments that are cyclical.

    401K and Health Benes are better than average.

    Advice to Management

    Continue to keep strengthening the management bench, growth through M&A and continued investment in R&D / new products. Streamline financial reporting.


  2. "Rapidly Growing Company"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Sales
    Current Employee - Sales
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Veeco Instruments full-time (More than 3 years)

    Pros

    Great people. Innovative Technologies. Best in class products. High pay, stock options, 401k. Upward mobility in most departments. Large and diverse product line for sales. High growth markets and continued focus on M&A.

    Cons

    Company is driven by Wall Street...although this is a pro in many cases with product development and company acquisitions. Health/Dental/Vision benefits are just OK. Industries are volatile and Veeco does fluctuate in staff.

    Advice to Management

    Continued focus on diversified markets and product lines to reduced the need for head count fluctuations. Continued focus on product innovation and M&A to grow the business.


  3. Helpful (3)

    "Run and Don't Look Back"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Scientist in Somerset, NJ
    Former Employee - Senior Scientist in Somerset, NJ
    Recommends
    Negative Outlook
    Disapproves of CEO

    I worked at Veeco Instruments full-time (More than 5 years)

    Pros

    Good people to work with at the individual contributor level.

    Cons

    Veeco is disfunction personified.

    Senior management are liars, unfair and genuinely don't care about people. A few career-minded individuals rise to the top for no clear reason other than their ability to schmooze and tell stories.

    7 layoffs in 4 years; 4 GMs in 4 years; 5 HR director in 5 years, the list goes on and on. MOCVD business unit has over 300 employees in early 2012 and now it's down to ~120 people or so (and it keeps shrinking).

    Hires rejects from other bigger capital equipment companies to be the 25th senior directors or vice presidents in the hope to revitalize its business. The only way to save Veeco is by firing its CEO and President who perpetrate a culture of fear, distrust and extreme politics among its employees.

    More and more resorting to 'financialization' of its business instead of investing in things that matter, such as RnD and innovation.

    Advice to Management

    Have shame and stop driving Veeco to the ground.


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  5. "Machinist 3"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Welder/Fabricator in Saint Paul, MN
    Former Employee - Welder/Fabricator in Saint Paul, MN
    Doesn't Recommend
    Negative Outlook

    I worked at Veeco Instruments full-time (More than 10 years)

    Pros

    The only good thing about Veeco were the employees. But they were either let go or quit.

    Cons

    Too many to list.

    Advice to Management

    Stop trying to suck your way to the top and listen to people that know.


  6. Helpful (1)

    "Small company with little growth."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Technician III in Fridley, MN
    Former Employee - Technician III in Fridley, MN
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Veeco Instruments full-time (More than 8 years)

    Pros

    Veeco Instruments provides a platform for employees to gain experiences in a unique niche industry. Employees are an integral part in the design, redesign, and build process.

    Cons

    There is a lack in workplace culture that hurts the overall experience. Management to employee relations are very distant. The Human Resource efforts are a joke. This feeling is mutual throughout the company.

    Very little opportunity for career growth and personal development.

    Advice to Management

    Managers not only manage the business, but the people. The success of your employees drive the success of your business.


  7. "Engineer"

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

    Pros

    Complex and interesting technology. Great people.

    Cons

    Unclear future. Budgets driven by quarterly revenues.

    Advice to Management

    None.


  8. "Overall OK"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Staff Mechanical Engineer in Fresno, CA
    Current Employee - Staff Mechanical Engineer in Fresno, CA
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    stock option, RSU, 401K with matching, good health insurance

    Cons

    target market is not that rich and strong


  9. "Accounts Payable Specialist"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Accounts Payable Specialist in Horsham, PA
    Former Employee - Accounts Payable Specialist in Horsham, PA
    Recommends
    Positive Outlook

    Pros

    I really enjoyed working for Solid State Equipment. The people were great and I was able to just do my work and enjoy it.

    Cons

    When Veeco took over, things really changed and it wasnt the same.


  10. "Internal Audit Intern"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Neutral Outlook

    Pros

    The internal audit teams works together through a variety of processes. They develop solutions to problems and maintain a good relationship with the staff at the company.

    Cons

    The work is a bit mundane when dealing with SOX


  11. Helpful (6)

    "Volatile Industry makes it hard here"

    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
    Negative Outlook

    I worked at Veeco Instruments full-time (More than 10 years)

    Pros

    Salary and bonuses are great when times are good.

    Cons

    Layoffs, constant change in management, and restructuring of departments, unstable industry, orders can range from a few hundred units a year to 5 a year.

    Advice to Management

    Develop a 5 year plan, staff accordingly and ride the ups and downs with contractors not full time employees. It's demoralizing to the employees to see management go on a hiring spree only to turn around and layoff full time employees months later.



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