Pros
Lam has a strong commitment to customer satisfaction with several products. This is reflected with a significant market share. The majority of employees are very bright and great to work with. Lam has a strong portfolio of innovative technologies which should assure long term success. There is a strive to minimize the effects of the cyclical nature of the industry by wise investment and minimal reductions in force. The corporate core values are well articulated.
Cons
The work atmosphere is excessively fast paced at the expense of wisdom. There is often little time to think, just react. Employees are overworked. This culture of speed leads to mistakes and needless excessive work. Mistakes are not well received by management and often result in state of panic, rather than rational analysis. Well articulated core values are not effectively practiced. There is lack of 360 degree of oversight of managers and directors. In evaluating a manager/director upper management does not consult engineers and technologist.