On the way to bankruptcy - Engineer Semtech Employee Review

1.0
Mar 16, 2024
Recommend
CEO approval
Business Outlook

Pros

- Some talented individuals - Mostly WFH - Some interesting technology

Cons

This company has completely fallen apart. The acquisition has put it into an enormous amount of debt that it is struggling to repay. There have been no COL increases, the bonus has been cancelled. There have also been countless layoffs that has reduced the head count so much you will be doing the work of 2-3 people minimum. A hiring freeze ensures this will be the reality for the foreseeable future. The leadership at this company have no vision, no leadership and no idea what the identity of the company is supposed to be. Management can best be described as a bunch of glassy-eyed zombies. They will ask for suggestions, completely ignore them and then wonder why things failed. A paycheque is a payqheque, but if you have any other options, take them. This company will be bankrupt in the next five years.

Explore other reviews about Semtech

5.0
Jun 8, 2026
Recommend
CEO approval
Business Outlook

Pros

Great Benefits, Nice People, Engaging Work, Great management and Team

Cons

Low physical presence in the office, low inter-department collaboration

3.0
Jul 16, 2026
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Work from home period was great but I know that’s not how they operate anymore. My organization structure in corporate marketing was insulated from a lot of the departmental drama and turnover.

Cons

A lot of departmental turnover made following and adopting processes hard Not very competitive for pay Hard to move up the job ladder, easier to leave.

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