No job security. Poor business outlook - Engineer Lumileds Employee Review

2.0
18 Jun 2023
Recommend
CEO approval
Business outlook

Pros

Good work life balance. Nothin much seriously. No DND? Is that consider a pro? Layoff compensation is not that bad.

Cons

No job security. 6 layoffs in the past 5 yrs. CEO also change 5 ppl in the past 5 yrs. Poor business outlook and decision. Forced leave mandatory (abt a week) every year at least once. Poor canteen food. Very little increment (only encountered twice in 5-6 yrs). Only 2 bonus thru out 5 yrs too. (less than a month). Employees can't put in best effort thinking tomolo might be their turn to get layoff.

Explore other reviews about Lumileds

5.0
2 Jul 2024
Recommend
CEO approval
Business outlook

Pros

Great place to work for

Cons

No Cons here at this company

3.0
24 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Unlimited PTO Flexible work arrangement

Cons

Tight budget to do things Lack of ambition in pursuing goals No 401(k) match anymore

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