Yup if your project isn't related to new memory technology that is gonna get Micron money in the next 2-3 years you better start looking for jobs cause that's where 5% of the cuts are gonna come from. 5% will be through people retiring and finding new jobs.
1 reply
That's what they say but I doubt their numbers will be accurate. What are the odds that they will get the 5% attrition in the same areas where they need to let people go. Plus, anyone who was going to leave has already done so when they learned they weren't getting a bonus or a pay raise in the middle of very high inflation. Nope, Sanjay is just saying that for PR. Instead of 5%, they can just fire Sanjay and all of his SanDisk Cronies and that would be equal to a 20% layoff. Then make DeBoer CEO and the company would be alright. It sure is a good thing they spent billions buying back stock. That really helped position the company to weather this downturn. I like your name by the way. FKUC SANJAY!!!