Semtech Reviews

3.7

71% would recommend to a friend

(310 total reviews)

Hong Hou

88% approve of CEO

71% positive business outlook

Semtech has an employee rating of 3.7 out of 5 stars, based on 310 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Semtech employee rating is in line with the average (within 1 standard deviation) for employers within the Telecommunications industry (3.6 stars).

Reviews by job title

310 reviews
2.0
23 Oct 2023
Recommend
CEO approval
Business outlook

Pros

- I haven't been laid off (yet). - I'm getting a paycheck. - Benefits are decent, though they are expensive. - New CEO said we could expect quarterly raises if we deserve it, but we'll see... - Just restructured a loan from the acquisition (which is apparently a good thing, even though it tanked our stock price AGAIN). - The end.

Cons

- Seemingly constant layoffs for the past year with no end in sight. - New CEO who not only has zero strategy (other than not backfilling people to drive costs down, and telling everyone that we he doesn't want us here if we're not motivated right now) or goals (he talked about the importance of goal setting in the all hands, then when asked a question about his goals, he admitted he didn't have any!), but he doesn't barely communicate at all. Nearly half our C-suite has left and there's not been a word about it from him. - Sierra acquisition has absolutely killed our stock value. - We're losing good talent everywhere - Cost cuts are the only thing we seem to be doing to make our numbers, when it seems like every time I turn around, there's another 10 people gone in our sales team. - EVERYONE is paranoid about their jobs and I don't know one person who isn't actively looking to leave.

1.0
16 Mar 2024

On the way to bankruptcy

Recommend
CEO approval
Business outlook

Pros

- Some talented individuals - Mostly WFH - Some interesting technology

Cons

This company has completely fallen apart. The acquisition has put it into an enormous amount of debt that it is struggling to repay. There have been no COL increases, the bonus has been cancelled. There have also been countless layoffs that has reduced the head count so much you will be doing the work of 2-3 people minimum. A hiring freeze ensures this will be the reality for the foreseeable future. The leadership at this company have no vision, no leadership and no idea what the identity of the company is supposed to be. Management can best be described as a bunch of glassy-eyed zombies. They will ask for suggestions, completely ignore them and then wonder why things failed. A paycheque is a payqheque, but if you have any other options, take them. This company will be bankrupt in the next five years.

1.0
12 Feb 2016

Engineering - R & D

Recommend
CEO approval
Business outlook

Pros

It was a pleasure and best experience working with a brilliant group of people, working on leading edge projects. We had a strong team and was able to accomplish a lot even with having a small group and limited resources even having the leadership giving limited funding.

Cons

Upper management is not knowledgeable with the technology and market of the company they acquire, Apparently every acquired company are filled with leadership people personally close to Semtech's head even if their not experts on that technology space. Bottom line, the net effect is it turns a leading edge business to the least in their space. Very short term outlook and is not calibrated for the long haul. Forces employees to take the accrued vacations while management get's bonuses and project deadlines are not re-adjusted to required vacation forcing people to work on their vacation days.

Viewing 1 - 3 of 310 Reviews

Glassdoor has 392 Semtech reviews submitted anonymously by Semtech employees. Read employee reviews and ratings on Glassdoor to decide if Semtech is right for you.