Thread regarding Analog Devices Inc. layoffs

Analog Devices to acquire Maxim Integrated

$20bn all-stock, supposedly no overlap between the two:

https://www.businesswire.com/news/home/20200713005204/en/Analog-Devices-Announces-Combination-Maxim-Integrated-Strengthening

It will work out great, your jobs are safe.

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| 4331 views | | 3 replies (last May 30, 2021) | Reply
Post ID: @OP+15VzXEwS

3 replies (most recent on top)

Don't believe what ADI says. When they did a hostile buyout of Linear Tech the CEO of ADI made all these big promises. Reality was lots of layoffs, even of people in Design, seemingly at random. The CEO of ADI is a salesman and they don't know how to run companies.

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Post ID: @5bpzo+15VzXEwS

There's no way there won't be layoffs. Maxim joined the layoff party after Jack left.

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Post ID: @2Xlwb+15VzXEwS

It's an absolute nightmare. Employees leaving, hiring freeze, and no renewal of contracts leaves those remaining the burden to carry on as usual.

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Post ID: @9btu+15VzXEwS

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