NETGEAR reviews about "layoff"

32% positive business outlook

Reviews by job title

7 reviews
2.0
Sep 23, 2024
Recommend
CEO approval
Business Outlook

Pros

pay, office location, catered lunches and breakfast, benefits

Cons

Netgear is a sinking ship. Their financial earnings reports use more red ink than a stop sign factory. I worked in product for the consumer line, and trust me; we keep making bad product decisions out of ego and appeasement, not market demand. Instead of innovating on features people care about, we made your home wifi 100x faster than your ISP. What's the end benefit to the customer? Nothing. The truth is your wifi router/mesh from 10 years ago will do the same thing as the new Orbi $1,500 system we sell today. Netgear is stuck in the past and lacks motivation and innovation. They use layoffs/RIFs to cover up for bad management decisions. The people you work with here aren't inspiring or leaders - All they want to do is collect a paycheck at an employer close to their home. Lifeboats are being loaded, and the band is playing. Do your research if you’re looking to work here...

avatar
NETGEAR Response
1y
Thanks for your feedback. While I always appreciate hearing from current employees about what is working and what is not, I have concerns that your opinion about the current state of the consumer business is outdated. As you know, I started 8 months ago as the new CEO and we have been on a journey to transform NETGEAR overall, including our consumer business, and we are off to a great start. Here are a few specific thoughts on your feedback I agree that we had previously been too focused on the "premium" segment of the consumer market. As everyone at the company knows, that strategy changed shortly after I joined, and we are now focused on delivering a simplified product line-up that delivers differentiated value to consumers across many different segments of the market (dorm rooms, first apartment, initial home, large properties, MDUs, etc.). We launched our new company values two days ago and, as I shared at our recent all-hands, one of those values is Connect and Delight. This value is all about deeply understanding the needs of our consumers and delivering excellence in every aspect of the product experience. As it relates to Cisco, we just recruited two long-time Cisco veterans to lead our B2B business. They observed what I saw in NETGEAR: a company, team, brand, business, etc. with a huge amount of untapped potential. If you are a NETGEAR employee and have specific concerns about our products, strategy, values, etc. I’d love to hear from you directly. Thanks again, CJ CJ Prober CEO
1.0
Nov 16, 2019
Recommend
CEO approval
Business Outlook

Pros

Market leader even after recent loss of a billion dolor market share. Some Great internal people Good social events.

Cons

Lack of good leadership for Wifi Product Line. Bad software management. Failed plan to go for inhouse software with real bad manager who has no clue on software delivery. Bad Investments leading to loss of market value and cash . No Bonuses for last few terms. Risk of Running out of cash. Risk of loosing market cap further. Possible mid level management layoffs.

1.0
Mar 13, 2018
Recommend
CEO approval
Business Outlook

Pros

The company has a good name in terms of branding for it's routers.

Cons

As soon as you are hired, expect to be laid off any second. Because of this lack of security, there is little room to grow.

5.0
Sep 11, 2017

NETGEAR- Carlsbad, CA

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

*Great people *flexible work schedules *Monthly events and outside activites *Exciting Products *Rewarding *Good Career advancement if you are driven *Executives, mgmt. and HR seem to care * Great Technology

Cons

bad reputation due to site layoffs from a couple of years ago and ambitious releases.. but exciting work

4.0
Nov 6, 2017

Enjoyed My Time There

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Enjoyed working with the people. Most were very competent. Good benefits and bonus plan. Company is willing to get you the tools needed for the job. Good quarterly lunch and after work events. They try hard to balance high work demands with little but meaningful perks. Overall, a pretty good place to work.

Cons

Lots of overseas calls at night that you need to support. Many seem to thrive on how late they can schedule meetings and send emails out - I never got hassled for not responding to emails till morning so it didn't bother me that much, but I know others were expected to be responding to emails at any time, day or night. I believe they value their employees, but if they need to show profit, or make a quick shift, they'll layoff people pretty fast to make Wall Street happy.

2.0
Mar 18, 2015

Do not consider Netgear

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Good pay. Good people still left at the company who are not necessarily managers.

Cons

Manager was condensing and verbally abusive and had no appreciation for difficult work that had to be done. Layoff of 80 people just this past February. Company moving in different direction and just focused on retail business.

2.0
Feb 9, 2016

R&D Unfriendly

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Netgear offers a decent benefits package. We get free soft drinks, coffee and tea. The company offers a employee stock buying plan and also provides a company / employee based bonus program.

Cons

It's not a friendly hardware based company as it mainly derives most of it's engineering through and ODM's to maximize profit. Programs start off using a JDM model then all of the sudden the follow up programs become pure ODM cutting out the local Engineering talent. The company had one of its best years for profit and still had layoffs.

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