‘On May 26, 2026, Synopsys entered into a cooperation agreement with activist investor Elliott Investment Management that includes appointing Elliott managing partner Jesse Cohn as an independent director, effective June 1, 2026, expanding the board to 11 members.’
The vultures have arrived, surely things will get better now.
@a8 Our leaders look like a clown who. couldn't stop waving arms frantically if they stand beside Lip-Pu.
Hmmmm, I've worked at other companies when so-called "investor" groups come in and they are ruthless for a bump in stock price. It's all about the bottom line and do more with a lot less mentality.
Layoffs are an addiction to these investment vultures since it gives a slight boost to the shareholders and sc--ws the employees even more. Look forward to the every 3 to 6 month layoff cycle coming your way!
@b0 Less TC and jobs are not new. We lived through that all last year. Why do people think confidently that things will get better now the vultures arrived?
Likely means less RSUs for us… and less jobs…
What's the impacts on everyone of us?
We need leaders like Lip-Bu who talk less and execute more.