Company rapidly going downhill. - Technician LI-COR Employee Review

2.0
Dec 15, 2023
Recommend
CEO approval
Business outlook

Pros

Great benefits. HR tries to engage employees. Company will eventually get resold.

Cons

Company was recently bough by a Venture Capitalist Firm. It's been downhill since then. New ownership got rid of most employees that have been there a long time and replaced them with employees that are new and cheap. New CEO brags about how more than half the employees in the company are new and have been there for less than 1 year. New owners stiffed everyone on inflation adjustments. 2022 merit increase was 3.3%. Inflation was 6.5%. 2023 was 3%. Inflation is expected to come in around 3.2%. Many in the company are making less money than the year before for 2 years in a row while the company has posted record profits. Old owners put employees above profits. New owners only care about money. Potential good news is that the company will get sold again and hopefully things will get better with new owners.

Explore other reviews about LI-COR

5.0
Mar 21, 2025
Recommend
CEO approval
Business outlook

Pros

Salary, benefits, integrity, culture, and innovation.

Cons

Don’t have anything negative to comment on.

2.0
Feb 5, 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Decent pay, steady work schedule, good people

Cons

Poor management, no sense of growth potential, no way to move up, definite favoritism, frequent mass layoffs.

1
See reviews by: Helpful|Rating|Date|All