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Microchip Technology

Engaged Employer

does not honor severance package benefit after merger - Anonymous employee Microchip Technology Employee Review

1.0
Apr 5, 2016
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Microchip just got merged with Atmel. Completely disregarded severance benefit letters distributed to Atmel US employees. Employees are being laid off and not getting the packages that were promised to them based on the letters.

Cons

Not honoring severance agreement. Worst 401K plan ever.

Explore other reviews about Microchip Technology

5.0
May 11, 2026
Recommend
CEO approval
Business Outlook

Pros

Good culture and work environment

Cons

Team runs lean with low staffing

2.0
Apr 28, 2026
Recommend
CEO approval
Business Outlook

Pros

There are a handful of people here who are fantastic to work with, are very knowledgeable, and care about the product that's going out the door.

Cons

Leadership is fundamentally out of touch and appears indifferent to employee well-being. The culture is marred by nepotism and a lack of accountability, where 'guiding values' are preached but never practiced. Feedback is discouraged, and those who speak up are often targeted. Expect a 'reward' of more work for the same pay, as promotions are rare and promised bonuses are frequently withheld despite strong site performance. A very frustrating and toxic environment for those who value merit and transparency.

2
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