Preparation underway for a huge bloodbath by end of April.
Preliminary internal numbers for the first half of Q1 are in, and the situation is much, much worse than ELT forecast. That explains the huge dividend cut and the preparation for massive layoffs. Get ready, it's about to get really, really ugly.
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Confirmed by WARN filings in CA. 800+ layoffs in Santa Clara only.
any detailed information?
How many employees will be impacted, what divisions/geos??