CEO is poor - Executive Staff Wolfspeed Employee Review

1.0
Jul 8, 2015
Recommend
CEO approval
Business outlook

Pros

Good people work there, good vacation program, plenty of parking with good lighting, potential future if we get a new CEO.

Cons

CEO is the key person behind the recent $85M restructureing charge that went out on June 24th. If you research his record, you will find that under the CEO's tenure, there has not been any growth in market capitalization of the company in his 14 years. CEO authorized $200M in new fab that was not needed despite feedback from some staff members that there was no shortage of product that justified a new fab. The company is organizationally backwards and managers lack clear ownership of problems. Too many people can say no to a project and almost no one can say yes. No real IT infrastructure and systems to manage the size of the business. The company has a history of burning through people. An example was that in 2014, they put the fab workers on double mandatory overtime and didn't bother to think about their lives. EVP management has been a revolving door with everyone except the CEO. Think before you interview.

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5.0
Mar 16, 2026
Recommend
CEO approval
Business outlook

Pros

Very Good work life balance.

Cons

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2.0
Jun 19, 2026
Recommend
CEO approval
Business outlook

Pros

nice people, decent benefits, work from home options

Cons

Lack of transparency from new executive management with direction of company, lots of uncertainty and instability overall. Constant cost cutting measures.

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