Post any information about potential or actual Micron Technology layoffs? Any chatter, news or rumors?
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Do we know who's getting cut?
And so it begins..
https://www.google.com.sg/amp/s/www.cnbc.com/amp/2022/12/21/micron-announces-10percent-staff-reduction-suspends-bonuses-.html?espv=1
Hey guys check out these two new huge fabs were are building with kickbacks! Also, we are laying off a bunch of folks and probably way more later on.
CEO said no early retirement will be offered. Half of the 10% is hoped to be achieved by not backfilling when people quit. Also, no bonuses or merit increases for all of FY23. Great timing announcing this when many US workers are on a mandatory holiday shutdown.
Here it comes folks. 10% cut according to Sanjay so figure 4-5k.
Anyone have any information about the recently announced 10% cut? I assume it will hit the U.S. the hardest, but I haven't heard anything specific yet. The only details I read were in some business article that said the layoffs would be a combination of voluntary and involuntary.