Thread regarding Synopsys Inc. layoffs

How is 25k+ employees sustainable with $9b ish revenue

And the whole pushing AI up our throats , our customers are better at AI than us.

I have a feeling that there will be another round of layoffs in next few months


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Post ID: @OP+1ksw4mr0x

5 replies (most recent on top)

360k is by no means an avg salary, even if supposed super-heroes in the land of fruits and nuts demand that...
193k median total compensation at Synopsys per google ai, supposedly in the US alone. Some internationals for comparison: Germany 80k..145k+ Euros, France 45k...100k+ Euros, NL 60k..130kEuros, Greece 40..75kEuros, UK 115k UKP, Greece Armenia+India 12k..70k(?) USD,

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Post ID: @1e6+1ksw4mr0x

Listening to CEO quarterly meeting talking about how work is no longer to be done by employees, but, rather, it is now going to all be done by agents….
Dude is a certifiable lunatic. We work in a company run by madmen.

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Post ID: @m8+1ksw4mr0x

@bt My colleagues are so ethusiastic at using those tokens to dig their own graves.

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Post ID: @kq+1ksw4mr0x

Then the revenue is $360K per employee. In today’s market, this baseline struggles to cover the total compensation of senior engineering talent in the US market. Besides, we are burning money for token-maxing.

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Post ID: @bt+1ksw4mr0x

Just do stock buybacks and hope that people think your company is consequential.

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Post ID: @a1+1ksw4mr0x

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