Veeco Instruments reviews

3.8

64% would recommend to a friend

(51 total reviews)
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William J. Miller

69% approve of CEO

61% positive business outlook

Reviews by job title

51 reviews

Reviews about "Culture"

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1.0
Mar 27, 2017
Recommend
CEO approval
Business Outlook

Pros

Good Technology that is dying due to resignations of all the amazing technology guys. Good Engineers that are resigning every week due to zero bonus, negative growth (promotions and then demotions due to reorg) and 60+ hours work week.

Cons

Worst workplace I have ever worked for. This company is full of greedy, arrogant VPs who are continuously lying to senior management regarding market share, product performance, competitive scenario, customer feedback etc. just to keep their job safe. Huge investments and failures with ALD (Freemont Acquisition), Power Electronics, PSP (Horsham Acquisition) are clear example of that clueless-ness of Senior Management and deceitful nature of VPs/ GMs. Candidates should think 1,000 times before joining this wannabe Semiconductor company in East Coast. In the beginning, It may offer good salary to grab talents from Silicon Valley but then employees get stuck with incompetent management, zero bonus, constant fear of lay offs and negative morale. 3 big lay offs in last 6 months, 30+ resignations in last 3 months and multiple rejected offers are clear example of the ugly situation at Veeco. Read all the reviews on Glassdoor (except fake ones), talk to past employees before joining this company and if you have already joined this deathbed then try to run as fast as you can and as quickly as you can !

5.0
Mar 2, 2017

Great Place to Work

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Ability to work with some very talented people Managers very supportive and have your back Work on a daily basis with new and innovative technology Strong, team building atmosphere Very good position in the marketplace Competitive compensation structure

Cons

Typical downsides of working with a public company in terms of quarterly pressure to impress the street

5.0
Feb 22, 2017

Global Sales

Recommend
CEO approval
Business Outlook

Pros

After working in the high tech / capital equipment / semiconductor world for many years, I find Veeco's culture to be a breath of fresh air. The environment is excellent - great executive sales and service leadership, no hidden agendas, clear objectives and a team that is built to drive additional value for both internal and external stakeholders. I can see the Executive Team has spent the last several years strengthening the management bench and fostering a culture of trust while having fun at the same time! The Senior Management Team communicates well and is not just focused on quartely results but ... growing the company organically and via M&A as well. Enough structure and processes to be held accountable as a publicly-held company, but not too rigid or structured that kills innovation, progress or speed! The "team" approach at Veeco is great - people looking to make a difference, provide world-class products and differentiated technology without all the baggage of employees constantly worrying about an old-school "CYA" mentality. You can really voice your opinion and make a difference at Veeco. The company continues to invest, build engineering and spend where needed! Management has right-sized operations and facilities in a thoughtful and respectful manner.

Cons

It's not Silicon Valley, but is that a con? It's the semiconductor industry but I presume those looking at Veeco already know about the nature of capital equipment and semiconductors! The management is doing a better-than-above-average job of building businesses that help to weather the segments that are cyclical. 401K and Health Benes are better than average.

Viewing 37 - 39 of 51 Reviews

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