Outsource employment - Anonymous employee Lam Research Employee Review

Shortly after matching our pay rate to the market rate (we've had YEARS OF BEING UNDERPAID), the company decides to do massive layoffs two months later. Layoffs started with the temporary workers and then 95% of the permanent employees at my work location. Massive shift of having jobs in California were moved to their overseas locations. Their guiding principle is based off of lining their own pockets ("Achieve financial goals to deliver shareholder value"). "Attract, retain, and develop the best talent" meaning: look for talent in lower income countries to "Achieve financial goals to deliver shareholder value". Their core values and principles is just a facade. They keep telling the public "they're a better company" and a bunch of other stuff to make themselves seem perfect. They are far from perfect. Just putting lipstick on a pig. I have more to add. Maybe a part 2 to this review at a later time.