Does Brian think we're stupid?
8 replies (most recent on top)
Yes.
@m5 I have some uncomfortable news for you. Sit down. I can tell you're new at this.
You are.
no. he thinks we're "entitled"
If TI is to become a 50B revenue company, it will be through acquisitions and becoming a foundry for those acquisitions. And it is playing its cards well. TI's own products are not that valuable and will gradually commoditize because analog as a discipline itself is commoditized. Circuit design is no longer a viable career in developed countries, it will move to India, China, Vietnam, taiwan and phillipines. Manufacturing has a moat of national security and by acquiring higher profit margin companies, TI wis well positioned to milk their products with best in class manufacturing. Not great for BUs esp power but great for TI fabs and TI in general.
Some companies use the profit sharing as a counterbalance to layoffs during a downturn which will happen in the next several years. So lower profit sharing payouts will mean more reductions in the future when the economy goes south.
Basically don't take profit sharing as guaranteed, and don't feel like you're "entitled" to it.
Yeah we are entitled to it. Our PFO numbers say we are a profitable company. We wouldn't demand PS if we were losing money.
Drop the deets on what that sc-mbag had to say
@OP I wasn’t able to make it. What was said?