Veeco Instruments Reviews | Glassdoor

Veeco Instruments Reviews

Updated March 27, 2017
95 reviews

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3.2
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Veeco Instruments CEO and Director John R. Peeler
John R. Peeler
48 Ratings

95 Employee Reviews

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Pros
  • At an individual level there are many good people with excellent skill sets (in 8 reviews)

  • Cross functional teams , High tech (in 6 reviews)

Cons
  • Senior management are liars, unfair and genuinely don't care about people (in 7 reviews)

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

More Pros and Cons

  1. Helpful (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. "Engineering - twenty years"

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

    I have been working at Veeco Instruments full-time (More than 10 years)

    Pros

    Excellent work environment. A real "melting pot" of people from both Americas, Asia and Europe, people of both genders and of all ages, from the recently graduate to the "young person of... retirement age" who just won't retire, the company offers a large range of opportunities for many levels of skill and expertise.
    Good effort to minimize impact of volatile markets on work force by managing variable costs in design and development (via outside consulting) and in manufacturing (via contract manufacturing).
    Pretty good job security, especially for talented individuals with proven skills and expertise. Significant effort by management, even during most critical downturns of a volatile market, to identify alternate options, offer relocation and retrain people in order to keep such talent and skills inside the company.
    A very liberal and open approach to work activities in general, allowing everybody to express his or her personal opinion.

    Cons

    A tendency towards standardizing creative activities that might perhaps be excessive, with too numerous procedural forms to be followed. Such tendency, although good in theory, could lead quite often to an unnecessary volume of work with no value added.

    Advice to Management

    Management should look into analyzing the ratio of successful to less successful projects that follow all the procedural guidelines, versus the same ratio for projects that do not necessarily do so.
    Based on such analysis, management should continue to support those procedural activities that are useful and address those that are not by either simplifying them or by completely eliminating them.


  3. Helpful (4)

    "Bad mangement"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Technician in Somerset, NJ
    Former Employee - Technician in Somerset, NJ
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Veeco Instruments (More than 5 years)

    Pros

    management is very bad, they do have any planning for future. upper management only worried about his own bonus and salary.

    Cons

    Its good technology to learn by your self


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  5. Helpful (6)

    "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.


  6. Helpful (3)

    "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.


  7. Helpful (5)

    "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.


  8. Helpful (2)

    "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.


  9. Helpful (1)

    "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


  10. Helpful (8)

    "No future at all in either Veeco or its employee - Veeco is truely sinking"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Scientist in Somerset, NJ
    Former Employee - Scientist in Somerset, NJ
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Good people around - good technology and lots of opportunity to learn, great bonus when there is profit

    Cons

    No career growth opportunity, average salary and benefits, continuous restructuring practice that often cause significant lay off - No job security. Moreover, excessive political and toxic environment - If you are in good book of higher management - you are good - otherwise you will be out - no matter the performance.

    Advice to Management

    Lot of changes need to be made in management - however - at this point , there isn't really any hope. All the very best to the organization


  11. Helpful (6)

    "Veeco is sinking..."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Somerset, NJ
    Former Employee - Anonymous Employee in Somerset, NJ
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Some good people left who are struggling....

    Cons

    .... but there are more bad apples that have dysfunctional personalities and strive to maintain the status quo.

    Forget about career advancement here as they are as common as unicorns. They have a very high turnover and have been laying people off for the last 7 years. The cycle goes like this -- they get some orders, they have a hiring spree... when the business environment turns sour, they lay people off like used husks. It doesn't matter if you're a top designer or performer. If you're on the sights, you're gone. And guess who needs to take up the extra work? You're also expected to work long hours, and if you're on salary, too bad. Work/Life balance? What's that?

    The benefits keep changing year after year, and not for the better. It's all about cost-cutting for the company's benefit.

    Job security is non-existent and everyone is walking on eggshells. Just ask the people that work there should you not believe the warnings in this and other reviews.

    Caveat Emptor!

    Advice to Management

    Why don't you share your bonuses with the rest of the company in order to have some buffer during the tough times. But then again, if history is a guide, that is never going to happen.

    BTW, the executive bonuses are public knowledge. Just look it up on Yahoo.


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