Panasonic reviews

TL;DR Layoffs, average pay, low morale, executives don't have a clue. If you don't care about career advancement and can keep your head down, you'll do fine. - 45 layoffs July 2019. Executives said there were no plans for layoffs in the May 2019 all-hands meeting. They said layoffs are done now, but it appears they are still picking people off one by one so it doesn't raise any alarms. - Low employee morale. Everyone is looking for a job, even more so since the layoffs. No one wants to go down with the ship. No one tries to hide how bad this situation is, it's all common talk. - Yearly review is a forced bell curve. The entire team can't do well, someone has to suffer. - Organizational changes happening almost monthly. No one can keep it straight and who is responsible for what. - Silos everywhere. Departments don't want to help unless it benefits them and secures a good position for them. - Open floor layout, not OSHA compliant, lack of bathrooms, lack of parking, lack of conference rooms. - All the higher ups don't seem to know what they are doing. They know how to collect a fat paycheck and talk out of their butts. When it comes time to execute, nothing happens. - For some reason they are focused on innovation (are building 5 innovation studios). Customers are angry that the existing software sucks and that they paid for software that hasn't been delivered for over 2 years. Why focus on innovation? - Don't expect bay area pay even though they have a group in Pleasanton. Pleasanton people get paid more than OC people because of the standard of living. It's no wonder people don't like Pleasanton.

Sadly, this company is going the way of the dinosaurs ... not via lack of evolution but more the meteorite of baffling new executive management. On the heels of the FCPA/DoJ backlash and the departure of every single executive - this should have been a time to invigorate the company, the strategy and the future business landscape. Instead, the inept CEO/COO hired in a convey belt of 'idealists' with no cohesion and vision of how they will 'reboot' PAC. The biggest turning point was losing Paul Margis; many will argue if he was a good CEO but one thing he was, the drive of innovation and technology that inspired so many first in the IFE and now IFEC world. I cannot state this enough, there is ZERO real innovation in PAC now and in fact he company is regressing. It's convoluted future strategy hinges on 'services' and 'cloud' ... both areas that others have mastered, already doing way better than PAC and PAC has no real experience, background or appetite. Massive investment via the new CTO in 'cloud' but with the methodology and mindset of technology companies from 5-7 years ago 'everything to the cloud'. Problem is, no-one knows what they are going to do with the data once it is in the cloud and how it will drive Panasonic Avionics business in the future. Even this strategy is being done in a vacuum and lacks any cooperation through the existing teams and knowledge base that build the company and had it a successful as it has been. It's future was being constructed on connectivity and its fair to say PAC has struggled in this space but no worse than any other vendor in this space. Given the announcement last week with PAC partnering with Inmarsat for future connectivity, it gives another clear signal on how it is putting an arms length between being a IFEC provider and instead becoming an integrator. Once again, another nail in their coffin of innovation and being the company that leads the field in IFEC innovation. The current leadership has no experience in IFEC and are selectively losing it's best assets because of its confusing strategy ... or lack of. The best of PAC is leaving PAC because it can, what is being left are the dregs that cannot find work elsewhere and succeed and a set of new executives that are all starting to empire build around a none existence future strategy riding this meteorite into earth. To see this once great IFE leader stare at the sky at the screaming fireball about to hit is is disheartening but inevitable. I hope I am wrong but if you are looking for your next career move, not a job, this is not the company for you. It's place in the market and its stature was all build on a foundation that is all but eroding.