More to come. Getting thrown out in the cold with the virus.
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expect layoffs right before the announcement (summer/autumn) of the next acquisition. hock is in again in the mood to buy...
It started, will continue. Sounds like surgical cuts in SED and ESD. More will happen all over the place. Hang onto your hats. Copy all your important files and reach out to the competition...
Yes, expect major RIF this Nd next week in SED and GTSO
@nbvk+14c50GaR not sure whether so offer my sympathy or congratulations. Hopefully things work out for you. Not sure if you can share but are you SED engineering or SED GTSO?
Confirmed. Just got my call from management. Last day will be this paycheck.
Nothing so far and I've checked with a few people, although technically notifications starting on Monday could mean we get them at any time this week.
@kasx+14c50GaR CA person here...you are spot on and it’s happening over here too nearly 2 years after acquisition. Too many inept execs over here cushioning their coffers due to their excellent equity plans. Put your seatbelt on as the execs are going to become nefarious as their stock portfolio declines in value..,.
Notifications will start Monday.
Any idea when? I’m grateful to have a pay check given the current situation but things have been and continue to be strained.
Some people have way too much work, unfortunately not rewarding work for the most part but still have work to do. Other good people are struggling to make any progress and are lacking work as it seems like there is still turmoil at the management layer which leads to unclear roles and responsibilities or people being given work but being blocked by organizational boundaries and politics.
It’s frustrating but as I said I’m grateful for every day I get paid right now.
@Post ID: @jopk+14c50GaR:
Apparently no details though. Hhmm!
Not just you guys, I’m hearing other parts of Broadcom too...I heard from a good source...
I left Symantec Poland and I'm so happy. You all should do the same, move on. This place and people drain your energy.
Rumours of further RIFs in support.
30% of SED on chopping block
What region, department?