Fake news. I attended all hands meeting and answer was not direct. He stopped short saying BU will look at cost cutting based on budget. No official layoffs from HR.
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I am not share holder and I would not approve more layoffs. Let intel sink to bottom.
They need to let MFG have a go. We'll drop the numbers for you.
I am a shareholder and I approve this message.
headcount up year over year Q1. Revenue down 36%. Company moving way too slow in cutting heads. With negative cash flow the company is in dire situation.