Veeco Instruments reviews

Veeco is disfunction personified. Senior management are liars, unfair and genuinely don't care about people. A few career-minded individuals rise to the top for no clear reason other than their ability to schmooze and tell stories. 7 layoffs in 4 years; 4 GMs in 4 years; 5 HR director in 5 years, the list goes on and on. MOCVD business unit has over 300 employees in early 2012 and now it's down to ~120 people or so (and it keeps shrinking). Hires rejects from other bigger capital equipment companies to be the 25th senior directors or vice presidents in the hope to revitalize its business. The only way to save Veeco is by firing its CEO and President who perpetrate a culture of fear, distrust and extreme politics among its employees. More and more resorting to 'financialization' of its business instead of investing in things that matter, such as RnD and innovation.

There is a lack in workplace culture that hurts the overall experience. Management to employee relations are very distant. The Human Resource efforts are a joke. This feeling is mutual throughout the company. Very little opportunity for career growth and personal development.