Survival mode is ON .
Projects are being cancelled .
Classic example of Technology company becoming an accountant company.
CA has no answers as he lacks Vision.
What Hock Tan wanted to do , CA is on the same path. HT will have the last laugh.
SD WILL have 40-60% impact.
VR already started more sites to follow, over 55 best of luck to dodge this time.
Start packing and good luck to all.
5 replies (most recent on top)
Seems like a reality now😫
Just curious. Why are H1B people are targeted? They are typically younger employees and not necessarily getting higher salary than others. What is the cost benefit for the company?
35%? Yeah right, nice try, but not real.
15% over the next 5 months. Most of the H1s will be heading home to train the id_ot temps before being let go.
If you haven’t gone through a big re-org, get ready, you’re about to.
Sigh. Xma is younger than 55
Quarterly
(USD)
Q1 2023
Y/Y
Revenue
- 28B
- 90% ▼
Net Income
- 7B
- 90% ▼
Diluted EPS
- 15
- 80% ▼