Dreading the horrible splintering that results from plywood table saw cuts? Well it doesn’t have to be that way. The first thing you should check (if you haven’t already) is your saw blade. Do you require a new table saw blade? Or is the existing one just not appropriate? If you experiencing the wood actually splintering on top as the saw blade comes up, then check these things :
1. if the splintering is only happening on one side of the kerf, check if the blade is parallel to the fence. It has to be 90 degrees to the front edge of the table.
2. is your motor actually mounted square to the table?
3. if splintering is happening on both sides of the kerf, then the most likely problem is a wobbly saw blade. Check that your arbors aren’t bent, and also be on the lookout for burrs and grime build up on the blade.

Then when you cut, make sure you make 2 passes. First scoring the top layer of veneer and then second with the full thickness cut. Alternatively you may want to check out the special plywood/veneer cutting saw blades on the market (Freud’s Ultimate Plywood and Melamine Blade) - especially useful if you are going to cut a lot of plywood.

Recommended Reading :
1. Table Saw Book
2. The Accurate Table Saw