Layoffs are coming on 10/4 and a second one in Mid December. Rooms have been booked in the Santa Clara offices for HR actions on 10/4. The 10/4 seems to be a smaller event but the mid December seems to be a MOAL (mother of all layoffs). This is very scary times for the company as all of the VPs could not get any sh-- done and seems Elliott Management is on a warpath to reduce costs and improve profits. They want to exit their investment in the company by 2Q2018.
The VPs have told their underlings to freeze all expenses so absolutely nothing can be purchased or any travel without the VPs approval.
Maybe the quietness at the company has lulled the employees into a false sense of security but rest assured the shoe will fall and fall very hard in 2017.
Too bad...it was a good company at one time before elliott management destroyed it.