ASM reviews

Extremely low salary increase rate (averaging around 1%, and under 4% even with a promotion). Excessive overtime work. Severe discrimination between core and non-core teams (mostly affecting FEMS/ASM Singapore employees). No RSU or ESPP benefits offered to general employees. Stock options (LTI - Long Term Incentive) are strictly limited to Job Grade 18 and above. Upper management treats subordinates like slaves or easily replaceable parts. Extremely frequent layoffs (conducted quarterly, bi-annually, and annually—totaling over 7 times a year). Severe micromanagement with an excessive amount of reporting materials required. No clear ownership of tasks; managers are only busy dodging responsibilities. Overly obsessed with cost reduction. Employees are evaluated purely by numbers (Revenue, Sales, Manufacturing Volume) and treated as cheap consumables, much like disposable latex gloves. Supply Chain Management (SCM) is severely deficient. While competitors are paying premiums to suppliers to meet semiconductor hyper-cycle demands, this company is strictly busy negotiating prices and cutting costs.