National Instruments reviews about "layoff"

lots of change, core client base shifting, layoffs

Current NI is now the shell of a once good company. Supply chain shortages, bad planning and lackluster leadership have resulted in a company with no direction. In the past three years, they have announced massive layoffs every few months. Current CEO seems to be out of ideas and he has fired most of his support team.

Leadership is clueless on how to right the ship Raises are minuscule and don't keep pace with inflation Benefits are a bit outdated Overly political, process, check list oriented Below average pay. When you finally get to the the point of making good money, you're an outlier and become a target for layoff/separation. Salary compression is real. Stagnant growth for years now with the new product pipeline very stale and basically trying to recycle the same products and strategy into new markets. It's too much of a leap for many new customers and they tend to stick with the status quo or something cheaper. Meaningless catch phrases, broken promises from leadership, endless optimism with no effective plan to drive it home Profit sharing targets not hit in over 20 years. Until recently, the target annual growth was 40% which hadn't been achieved since the 90's. It was finally lowered to 20% which is still extremely unrealistic. 5% is more likely, if even possible. Who suffers from this? The employees, not executive leadership! The only value in the ESPP plan is cashing in on the 15% discount as the price has been flat for many years. You may get lucky by selling on a market up tick but those are typically years apart. Too many golden parachute Executives (mostly externally hired now) with no understanding of the industry, customer base, and win whether or not the company is successful. They are not held accountable for failed plans and visions, yet still received ridiculous raises, bonuses, stock options, and guaranteed buy out. They're puppets playing the game and then on to the next gig while many dedicated employees are holding the company together. NI is now a stepping stone, not a career builder

Sad to see how the company has a corporate speech that doesn't match with the reality. During one quarter they do layoff and the next one they are promoting a lot of VPS to C-level, or manager to Director. While others are stuck on their careers because management doesn't want to sacrifice the stability. Always rewarding those who show off even when they don't know what there are doing, and keeping good engineers and managers stuck on their careers because they are the safe harbor that delivers and keeps the lights on, while upper management does the fancy speech.

Company was a great place to work until about 10 years ago, when founder began path to retirement. It began to steadily decline in numerous aspects; below average pay, declining benefits, steady decrease in morale. They had a large layoff in December 2019, which is when I was laid off (ouch), with the explanation given at a company meeting that they knew low pay was a significant problem and they needed the laid off salaries to give other employees higher pay raises.

Layoffs have become common. It's always possible to cut upper-level salaries instead, but that is something they never seem to consider. C-suite executives are selfish and greedy.

- Bad in change management - Lack of processes and procedures - Employee performance evaluations are outdated - Layoff packages are very very bad

Low salary Low carreer progression Layoff is the preferred way to manage business No investments

Layoffs, pay, hours, global, international, overseas