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[TechSpot] OCZ Reduces Global Workforce by 28%, Offers Update on Business Outlook - Page 2

post #11 of 23
I've only had one PSU smoke up on me, and it was an OCZ. Sorry, but you had your chance.
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post #12 of 23
I've never had ANYTHING OCZ go up on me. I've had the 600w ModXStream Pro PSU powering a lesser rig, I had a 2x2GB set of OCZ Gold 1066MHz DDR2 RAM that still works (from my first PC I ever built around 3-4 years ago), and the Vertex 2 I used in my old laptop worked without a problem.

OCZ makes perfectly fine components in my book. tongue.gif Overreacting much?
     
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post #13 of 23
Their Vertex 4's are fine; the 1200watt silencer is based upon the highest end Superflower platform which are fine as well.

Their other stuff I'd pass on.

A lot of the people on the OCZ forums remind me of the people who put a 5 tech rating on their Newegg profile and give products bad ratings because they lack basic computer knowledge/troubleshooting skills.
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post #14 of 23
It's hard to defend them after the sandforce based fiasco. I've been lucky I guess, one agility3 out of 3 died, but they did send me a replacement 2 day air. Vertex 4 has been performing top notch with zero issues. If they find a way to best the Vertex4 I would be pretty damn impressed.
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post #15 of 23
This is good for OCZ.

Awhile ago I invested in them as a speculation play, but quickly dumped the stock. Their management just plain sucks. They've been running the company in the negative for years now. They can't even earn enough money to pay their bills, they just issue more stock to raise capital. Sooner or later the gig was going to stop, recently investors just gave up on them as the stock plummeted to $1.23. Management had no clue how to actually make a profit. They were great at increasing revenue by selling more products, but that wasn't even doing anything for the company because their cost of the goods, marketing, and wages were so costly that they were still losing money on every sale. What pissed me off the most was when they gave Ryan Petersen, their CEO, a raise even after posting consistent losses.

On top of that, at the consumer level, I noticed throughout these forums and many other forums that they just don't treat their customers well. The tech industry is extremely competitive and customer service is what can separate one company from the next. If my C: drive is on an OCZ SSD, I'm looking for reliability. I understand that the Sandforce fiasco was not OCZ's fault, but their poor transparency and mishandling of the issue was unacceptable.

Personally I have owned a few OCZ products, and they all still work perfectly. I don't think they have issues with their products. They may have just garnered a bad reputation, resulting in frustrated consumers bashing the company as a whole.

Getting rid of that moron CEO, and cutting expenses will be a great thing for OCZ. I just wonder if it's too late for them at this point, and if the competition will eat them up as usually happens in business.
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post #16 of 23
their ddr3 ram wasnt too great (my friend with his i7 920 had so many memory problems), but their ddr2 was flawless. had it in my old rig.
 
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post #17 of 23
Quote:
Originally Posted by SkillzKillz View Post

This is good for OCZ.
...What pissed me off the most was when they gave Ryan Petersen, their CEO, a raise even after posting consistent losses.

Jesus, that's sickening. In my opinion, the CEO is first guy on the chopping block when a company begins to free fall. Not that they'd really care, of course, being as they have all kinds of, "I get my money no matter what" clauses. Disgusting.
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post #18 of 23
Quote:
Originally Posted by ForNever View Post

Jesus, that's sickening. In my opinion, the CEO is first guy on the chopping block when a company begins to free fall. Not that they'd really care, of course, being as they have all kinds of, "I get my money no matter what" clauses. Disgusting.

Yep. For instance, where I live.

Two months ago the CEO of Ford Europe was promised 57 million euros from the Belgian government in return for a guarantee that the factory would remain open for at-least 10 years, ensuring no loss in jobs. A few weeks later he got the promised money, sealing the deal with the government and the promise to ensure employment. On Monday, two months after the promise, he announced the closure of said factory, firing 10.000 people directly or indirectly. Taking the Belgian government's money with him.

His "skill in organizing necessary cuts in a humane way" got him a promotion, apart from being the CEO for Ford Europe, he is now also the CEO for Ford Africa and the Middle East.

Gotta love business.
Edited by MoGTy - 11/2/12 at 11:43am
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post #19 of 23
Quote:
Originally Posted by MoGTy View Post

Yep. For instance, where I live.
Two months ago the CEO of Ford Europe was promised 57 million euros from the Belgian government in return for a guarantee that the factory would remain open for at-least 10 years, ensuring no loss in jobs. A few weeks later he got the promised money, sealing the deal with the government and the promise to ensure employment. On Monday, two months after the promise, he announced the closure of said factory, firing 10.000 people directly or indirectly. Taking the Belgian government's money with him.
His "skill in organizing necessary cuts in a humane way" got him a promotion, apart from being the CEO for Ford Europe, he is now also the CEO for Ford Africa and the Middle East.
Gotta love business.

A little off topic but.... how could he have kept the money if this was the deal? The story seems a little fishy.
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post #20 of 23
Quote:
Originally Posted by Purger View Post

A little off topic but.... how could he have kept the money if this was the deal? The story seems a little fishy.

Yea Off topic, sorry about that smile.gif

The government opened the funds as soon as the deal was agreed on.

The government is now trying to freeze these funds and retrieve the money.
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