Merger, Acquisition and Divestiture - Design Engineer Microchip Employee Review

1.0
21 Sept 2017
Recommend
CEO approval
Business outlook

Pros

None. Hostile Buyout experts. A PACMAN gobbling up more than they can chew and blame the previous owners if they did not get what they expected.

Cons

Lied about buyout was not not to layoff people. Good in pretending to care about people and employees. Lied about paying off Sick Leave credits as per previous company bought out and tried to tell employees that they mistake Vacation Credits instead for Sick Leave credits when confronted on so called "Lunch with Employees." Finally relented when caught in a big lie when several employees reminded CEO of his words during meeting. Never really cared for Design Group in HK yet gave them false hopes of NO LAYOFFS then layed off everyone anyway. Deleted protest picture in LinkedIn to cover lies. Just interested in MONEY, MONEY AND MORE MONEY. Scared to implement EXPORT CONTROL in Arizona. Keeps all profits in TAX haven like CAYMAN ISLANDS and give cents as annual increase in salary. Intimidates employees who give honest reviews and suggestions in their annual employee surveys. All they want is PRAISE, PRAISE, PRAISE for their Corporatist Management Style of self aggrandizement. Support and reward employees who are very good in intimidating other employees to blind submission.

Explore other reviews about Microchip

5.0
19 Feb 2025
Recommend
CEO approval
Business outlook

Pros

Good Culture and collaboration between teams. Able to be flexible with work life balance.

Cons

Low end of pay. Not much other benefits outside of health benefits.

3.0
1 Aug 2025
Recommend
CEO approval
Business outlook

Pros

Stability and mature, mostly good strategy and decisions

Cons

Really poor compensation. Loyal and sincere hard working people should be valued and better rewarded.

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