Does anyone know if layoffs are happening today or this week?
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What I heard from non-Marvell engineers I work with in Shanghai, Marvell shut down all design activities in China. Moved some folks to Singapore.
Innovium poor performers getting axed I hear
Inphi poor performers getting axed I hear.
Bloomberg reporting 4% or 320 laid off.
Anyone know what BU's were targeted? Locations?
Yes. Today
does anyone know what the targeted BU's were?
Many notifications sent today…hopefully it’s the end of it.
Occurring now - today