I heard that the set top box group has too much R&D and does not fit the business model. Hock and Rich Nelson have not gotten along since day one. There is a 15% layoff planned for this group. There is also talk about shifting resources to Singapore and Malaysia for design maintenance work. There are very low growth prospects in the set top space and management has chosen not to invest in low margin business in emerging markets. Besides there is pricing pressure. Ask the lying VP and he will say "NOT True"
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Sweet, we're good for another three months!
next quarter.
So there's only one guy will be affected, not 15%?
i doubt very much that 15% number is still valid.
the vp and ceo not getting along is old news already.
No job cuts are happening...Nothing significant @ whole Broadcom. Be happy and work hard. We are hiring..
It is 15% spread across all STB layoff
Does this latest news translate to 15% RIF or does this translate to that group being cut??
Merry Christmas, darling...
Suppose to happen next quarter. It is being plan now.
Report: DirecTV parent AT&T to phase out satellites in 3 to 5 years
Interesting news
http://english.etnews.com/20160921200001
ST gave up the STB business, however, there is a new comer.
Will it be a threat to BRCM?
This is how you are managed to work harder or quit voluntarily.
When is this supposed to take place?
actually this quite true
what is the source for this news ?is this a old news?
All sites with STBs design teams.
Curious, which site?
true, but old news
not true
Does not fit? Why?