Fluidigm Sucks Customer Reviews and Feedback

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Fluidigm Corporation is a public, American company engaged in the design, manufacture, and sale of biological research equipment based on integrated fluidic circuit technology. In 2009, Fluidigm was described as "the world's leading manufacturer of microfluidic devices." Among the applications to which Fluidigm products are put to use are protein crystallization, genotyping, DNA analysis, and PCR.

Back in September 2020 BUSINESS WIRE Fluidigm reported that Fluidigm Corporation was accused of Misrepresenting its Business, Operations, and Prospects. Shareholder rights law firm Robbins LLP announced that a shareholder of Fluidigm Corporation has filed a class action complaint against the Company for alleged violations of the Securities Exchange Act of 1934 between February 7, 2019, and November 5, 2019. Fluidigm manufactures and markets products and services that are used by researchers to study health and disease, identify biomarkers, and accelerate the development of therapies. According to the complaint, during the relevant period, Fluidigm touted its positive financial results. However, defendants failed to disclose that it was experiencing longer sales cycles and as a result, its revenue was reasonably likely to decline. The truth was partially revealed on August 1, 2019, when Fluidigm reported second quarter 2019 revenue below analysts' expectations, citing weakness in its microfluids segment. On this news, Fluidigm's share price fell 35%, to close at $8.05 per share on August 2, 2019. Then, on November 5, 2019, Fluidigm reported that third quarter 2019 revenue had declined 8.5% year-over-year due to mass cytometry instrument sales, which had decreased 23 percent from the prior year. On this news, Fluidigm's share price fell 51%, to close at $2.51 per share on November 6, 2019.

Reviews

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Director of Global Compensation & Benefits (Former Employee) says

"I do not recommend this company to my worst enemy. Honesty and transparency , team work, work / life balance, continuous feed back do not exist in the company. Hr is the worst"

Director of Global Compensation & Benefits (Former Employee) says

"A very disorganized company. Non compliant in many areas that I had to leave. The CEO and the head of HR had an affair and were fined by SEC as well as the GC that was cheating on his expense accountsnoneeverthing"

Supervisor (Current Employee) says

"Don't judge this book by the glossy cover, get a second & cultural opinions! Execs (CEO, Legal, CFO,...) main goal is share price so they can cash out big when a buyer finally bites. marketing communications and sales staff think they are the center of the universe, are arrogant and not half as smart as they think. it is all about what they can pitch and spin financials are very weak and are paying for sales with near zero focus on staff. more layoffs (2019 too), cost axes and horrible department silos that won't work together employees have to use vacation days when they tell you, like a 2wk shutdown at end of yr so they don't have to pay suppliers (one of the cash games) best and brightest leaders are leaving in droves like head of strategy, founders in Toronto open the book on this oneCompany builds instruments that diagnose cancer and treatment performanceVery poor leadership, they dictate when you take vacation time"

Stock Administrator (Former Employee) says

"Unsure strategy; significant management and talent turnover. Rash management decisions. Lack of communication with team. Top-down decisions that do not take into consideration team comments or input.generally pleasant and professional culturefinancially shaky; unstable management strategy"

Senior Manager (Former Employee) says

"You can learn a lot from this company and use your experience to improve many areas in which you work. Creating an impact is easy. The difficulty is to bring departments together to achieve common goals as many areas are segmented."

Logistician (Current Employee) says

"Executive management team has great ideas. However I found the ideas are hard to pass down. My upper management took credit from my job and presented to his management team. I don't feel I am valuable in this company.Employees are pretty friendlyCommunication issues"

Engineer (Former Employee) says

"There was a good amount of personnel turnover in the past two years. Culture among workers kept the place going through good times and bad. Former President and CEO was well meaning, but perhaps should have handed off the reigns two years earlier.The work, the people.The low ceiling for professional advancement."

Technical Specialist II (Current Employee) says

"Learned project planning and management, improved problem solving and troubleshooting skillNice colleagueslong hours, high workload"

Product Manager (Current Employee) says

"Nice people, technology has potential, needs to focus & not let process be substitute for empowering individual, process tends to get in way of execution and timely decision-making"

Manufacturing (Current Employee) says

"The company feels like a startup even though its been publicly traded since 2011. There is great opportunity to cross-train because of this but it takes your own initiative. Lots of turnover but those who remain are always friendly."

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