2.0
7 Nov 2008
Current employee
San Jose, CA
Recommend
CEO approval
Business outlook
Pros
Financial benefits for high performers can be substantial if recognized by upper management. With time as the company transitioned into the more typical corporate America model, work/life balance improves such that no one is expected to work 50+ hours each week in order to succeed.
Cons
KLA-Tencor is a company in the decline. Innovation is history, and bureaucracy dominates daily operation. The company was founded on innovation, but it is currently being sustained by a process-driven, slow corporate structure. The need to grow the stock price in a declining industry forces the company into strategies that effectively limits career growth.