If qcom is acquired or not..
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Layoffs happened in multiple sites like INDIA and US in STB group today 13th March. Letters already given accordingly.
See all lies no CM/STB layoffs
No chance of STB/CM layoffs. Rich is very close to Octane and Rich negotiates hard
Notifying is postponed until 6 March, Qcom vote.
STB = Set Top Box?
CM = Cable Modem?
I wish you guys would not abbreviate these things, but are my guesses correct?
Which BU?
Any others except STB?
How many got affected/
May be few cuts related to performance - these are not layoffs per say !!
Which group? Location?
@btu you're living in denial.. brcm needs to assimilate a company like qcom to show growth. if the deal does not happen, then stocks stagnate and octane would layoff to pump it back.
however if the deal does happen, then the synergies would come in play and result in layoffs.
there is no escape from this impending bloodbath.. you've been warned
I got a notice today.
STB/CM bu.
Today I got a message from my manager!
Tomorrow HR will notify official layoff.
Bye bye BRCM!
Kindly do not spread false news. Layoffs might happen if QCOM meger goes through...at least one year away.