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Keep your head down and pray

TPS Engineer
Current Employee
Has worked at Applied Materials for less than 1 year
December 16, 2010
2.0
Doesn't RecommendDoesn't Approve of CEO
Pros

Pay and benefits are good.

Cons

Layoffs, layoffs, layoffs. After 8 years, I was the last person out of 150 original members of my group. The workers are squeezed and then discarded. No loyalty from the top.

Advice to Management

Stop appointing more VPs while laying off workers.

Moving the technology center to China is a strategic mistake for America.

Get rid of Mike Splinter!

How does any big company get away with the same person being CEO and Chairman?

At AMAT, this lack of check and balance leads to problems. Splinter runs the board. He has walked or driven more than one founder out of the company because they disagreed with his autocratic rule.

Look at the stock! It is worth much less now than when I joined 10 years ago.

How can a CEO get away with his stock trading sideways for the last 5 years!

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