The current total layoffs is irrilavent as it will just continue ramping higher. Commscope is a runaway train in the worst sense of that phrase.
Management is going to totally ruin the entire company, unless by some grace the board of directors puts a stop to this.
If you put a number on how bad management could ruin company. This is actually THE worst that I have ever seen, in my career.
I feel that Management literally is completely decoupled from the best interest of Commscope.
The investors are getting snowed every quarter to create a bonus haven for upper management.
People have been lied to every quarter and layoff happens irrespective to anything they say. There is literally no way anyone can believe the past years of lies.
And the reality is, that the number is actually small compared to the number of people laid off over the past few years.
And to be fair, it's–tjust Commscope's fault. Commscope management is just contuing the theme of past bad management.
Unless they find a buyer, or the board of directors steps up, management will double the numbers by next quarter.
It's literally an exponential decline. Commscope literally said they bought Arris to get Ruckus. However Ruckus layoffs are ramping up too. Big time, quarter by quarter.
Upper management literally made a huge mistake and overvalued this purchase. Additionally they have no clue how to make a software company profitable.
It's so bad that management already tried selling it off. Perhaps fortunately, some other company decided not to go through with the acquisition.
They would need innovation from both management & principle engineers. Instead, they replaced principle engineers with cheap foreign labor, that has little interest, other than a paycheck.
Tribal knowledge is gone, stakeholders are gone, IP is gone, SE's are gone, good managers are gone, anyone interested in speaking up is gone.
Without the board of directors ( or investors ) saying enough is enough, the train will continue to derail. Commscope is literally a poster child for a series of bad management.