Used to be a great company under the old CEO and Founder, not anymore... - Director IPG Photonics Employee Review

2.0
May 13, 2022
Recommend
CEO approval
Business Outlook

Pros

Used to have a fast pace of innovatioon with highly competent and professional people across the board in all departments under the visionary leadership of the old CEO and IPG Founder before he passed away.

Cons

After the new CEO laid off the top advanced R&D teams in March-April 2022 and cut nearly all new technology developments aimed at diversification into new markets, IPG is not nearly as innovative as it used to be. The company seems to be going into a cash cowing mode and it might be doomed if it goes like that for multiple years. The lost innovation potential will be extremely difficult for IPG to recover.

Explore other reviews about IPG Photonics

5.0
Jul 10, 2026
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Great culture and the people are wonderful.

Cons

Difficult to grow your career. Growth tends to be stagnant.

1.0
Jul 10, 2026
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Can't think of any pros at IPG Medical.

Cons

Don't go by the size of the company. They have no processes in place. Extremely toxic leadership. They have no control on the old guard. You will see a lot of people there for decades, but not a lot of new people. New people run away from there. The place is full of extreme micromanagement, disrespect towards employee's education and experience. They like to plan but not follow the plan. Resource allocation is a joke. A handful of people are overworked and a majority of people are twiddling their thumbs. Only those knowing the old guard benefit from that place. Everyone else is an outsider.

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