How has TI historically handled RIFs? I haven’t been at TI long enough to see other RIFs of this magnitude
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2001 was bigger than 2009 by total %. 2001 hit TMG (Make then) up to 20% and Finops 30% in some spots. 2009 they came back for 10% basically everywhere and obliterated what was leftover of WTBU. That's why people remember 2009. Everyone knew someone, but 2001 was a big big cut to clean up the residual of the Sun stuff. Tom End-of-us came from that
2011 they did packages and got a lot of pension people to go. Then maybe 5% RIF from there, was pretty minor. TMG again and some re-orgs.
Since 2011 it's been re-orgs driving the RIF volume, nothing like the last two end of quarters where it's been somewhat distributed.
Hearing very solid rumors they will do packages for 4Q then back to more RIF in 1Q/2Q. TI is in over its head with way too much glass capacity and nobody to support it, sell it, or develop LBC10. If they offer a package that makes sense I'm out. Had enough.
The number quoted here is bullsh-t IT lost 200 people alone. Kilby was a fu--ing madhouse on Thursday. I don't know how they count red badges, but whatever. Still people and the IT continues to go to sh-t.
@kg the attitudes among NCGs of the last few years isn't positive. So a lot of newly (barely) developed talent is already looking elsewhere. Not to mention the company's hatred of skilled technicians...
Worked at TI for 25 years. They had rifs every 3 years or so. The company is run by bean counters.
I survived over 14 RIFs in the '90s and '00s. There were years of growth with no job security concerns, then sudden shifts that involved several rounds of RIFs in a single year. The economic decline from the housing bubble collapse in late 2000s led to many deep cuts like the cuts we see now. The loss of knowledge and capability severely limited TI's ability to capture market share during the 2010s economic bo-m. After struggling to capture market growth in the early 2010s, Templeton said that they learned the lesson about laying off talent. Strategy in the 2010s was to use contract labor to allow response to market cycles without damaging core capability. It seems the latest generation has forgotten this lesson or thinks it has a better solution. To me, TI is repeating mistakes of the past and will lag behind other companies during the next upcycle.
@c2 transparency seems to be a problem in today’s TI…
No - in 2009 they just called 10% into the offices one-by-one and by lunch time it was over. At least they had the decency to stand by their decision and not to evade the consequences. Then they started talking about VALUES and moved to doing it in a sneaky manner.....
saw this before. downsizing and eventually sale of DSEG and Memory in the 90's. Local news used to be at the campus gates. Saw others after dot.com bust...2007 financial crisis. smaller ones after that. This one and the one in June were odd from a TMG perspective. Company was so concerned about having capacity to meet market turn around after missing it so badly in late 19 thru 22.
@OP so I was in DFAB for the 2009 RIF. Sounds like the same, supervisors didn’t get to pick, it came from on high and how many was also not up to the supes. For the SBE side I have no idea.
Usually folks don’t get 60days before the layoff date starts. Typically it’s straight to the door, so the extra 60 days is a small positive.
This is definitely one of the larger layoffs in TI’s more recent history.
@ab wrong. It was already budgeted for 2026.
Next, 0% pay raise worldwide.