Thread regarding Dolby Laboratories Inc. layoffs

Unfair and short-sighted

For years companies in India , China, Sri Lanka, Malaysia have been using Dolby IP and not had to pay a penny. Dolby has lost over $ 15 million a year in India alone and in China the numbers are staggering. Management at San Francisco has chosen soft targets and not bothered to treat it as a level playing field. These new layoffs now mean that all the hard work carrried out by staff in Compliance in China, India, Japan, Korea, USA will come to no avail. Instead of investing in this department they have laid them off.

Unlike other compnaies such as Philips where Compliance is seperate from Compliance , Dolby compliance is governed by sales policies and will not go after certain brands who illegally flout their IP.

Unfair, I hear you say, well yes very much so. Shareholders should kick up a fuss as it means millions of dollars of potential bottom line cannot now, be collected.

The broadsheets should do some investigations about thi s as it is a clear that stock prices may be effected by this decision.

Posted by @PuCJqhd-fhw, hit the nail on the head.

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| 3011 views | | 1 reply (October 7, 2017) | Reply
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Layoffs were company wide. Not just compliance. 80 worldwide and 70 in U.S. with mostly being Director level and up.

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