Seems like yesterday’s and today’s layoffs hit big time! I assume more might be to come tomorrow!? I know of at least 35 people laid off today across sales, SOCs, SAT, TDE, PC/PM.
I figure we are leaning down to merge but does anyone have any ideas of the final numbers?
Don’t expect a severance , this company is all but bankrupt again
1500 when it’s done. Well 1499 besides me.
Add 6 TSM's to your list as well.
@a6+1 I bet you are right. Higher “levels” come next. It’s how every prior merger layoffs that I have seen, happened. Start from the bottom and work their way up the hierarchy “levels” day by day or month by month, but feels like this is day by day, starting this early in the week. I have a feeling the merge is announced by end of 1Q and they want clean payroll books going into it.
I don’t know what the layoff numbers are or will be, but I do know that tomorrow (Thursday) they will hit more folks.
Best of luck to all affected and those that will be affected.