Pros
After nearly 30 years, CY still manages to succeed in an extremely volatile market. While many semiconductor companies come and go, CY stays the course. The technical ability of employees is well above average, which is attributed to the core values (we hire only the best) and the rigorous interview process (recently ranked as one of the 20 toughest interviews in corporate America.).
Cons
Management is stifling and has a poor track record of execution. Many product lines have gone by the wayside because of the management style, and the demeaning dictatorial style of the CEO. Further, the bloated overhead of processes makes it difficult to compete in the rapid product cycles of the tech industry. Effectively, anytime something goes wrong, a process must be added to ensure that it never goes wrong again, and everyone gets punished for one engineer's mistake. In the end, the "law code" of these so-called "quality checks" appears more like Congressional law code, and one might argue that it takes an "act of congress" to get even the simplest product out the door.