Very excellent engineers have been laid off……
Businessmen like Sassine only know about profits and keep reducing his holdings of the company's stocks at low levels, which shows that he has no intention of bringing the company towards normal profitability and only has his own interests in mind.
As a CEO, such a person will cause the company to collapse
15 replies (most recent on top)
Ajei Gopal
I give him until middle of 2027
@bw ME got very quiet recently.. nothing much from him, besides the 3 supposed top g-n ai dudes from Siemens.
His fate changing already, or was that the last proof they still want him? Or his turnaround attempt?
Bro might be falling apart already with all the surgery he had in his life, per his ramblings at earlier conf this year..
@d9 I can't help you with your reading comprehension
@da I hope you feel better, get well! (----Ex-Ansys)
@bs leader should...leader must. Sounds like copium. Do you post pictures of yourself and your family wearing Synopsys shirt on linkedin? I bet you do. How does the boot taste?
@ck think for yourself and your future. You're like a fan who is so invested in the life of their favorite celeb (Synopsys), fantasizing all these scenarios. I bet you also believe in democracy. Let me assure you, no one in the upper management thinks about you. You are nothing but a row on a spreadsheet to them.
egacy Ansys staff engineer here, got laid off today. I just wanted to share my two cents.
I don’t know what Synopsys will ultimately do with Ansys, but I have a bad feeling about the future of the legacy Ansys products.
I don’t fully understand Synopsys’ products and services, so I can’t say much about the company itself. But I do wonder whether Synopsys’ upper management fully understands Ansys what Ansys does, why it is important, and, perhaps most importantly, the brand value Ansys has built over the years.
I took a lot of pride in working for Ansys. In graduate school, I taught undergraduate students Ansys Fluent and Mechanical, and I saw firsthand how strong the Ansys brand was among mechanical engineering students and professionals. Ansys has always had a very strong reputation in the mechanical engineering world.
I honestly worry that Synopsys may never fully understand that legacy and brand value. My fear is that, they could unintentionally cause a slow death of what were once some of the most respected and powerful engineering simulation products in the industry.
@as I didn't say he was Batman or that I expected him to do anything. The question was, can anyone do anything? He's basically the person in a position to do something, end of story. And as I said, I don't know why he picked Sassine, and why he's content to sit on the sidelines now. I only met him once, we're not buddies.
If you don't think that different leadership makes any difference, I don't know what to tell you.
Not just him. ME will step up and nothing gets better. hire more from his circle and lay off more others. Eventually sold the company part by part
@ar maybe he was force to choose him by the board
A Good Leader is someone who stands with their people, not above them, especially when the company is going through a hard financial stretch. Real leadership starts at the top: if pay cuts have to happen, the CEO and senior leadership should take theirs first, trimming their own paychecks before anyone else's, so that even if some layoffs are unavoidable, fewer people have to lose their jobs. It's about staying close to the employees doing the actual work, not retreating behind titles, spreadsheets and numbers when things get difficult. A leader worth following steps in front of the criticism and hard questions instead of pushing them downward, the same way a good commander leads from the front rather than staying safe while sending others into harm's way. Financial pressure is always going to be there, but how a leader chooses to absorb that pressure, instead of passing it straight down to the people with the least power to fight back, is what actually separates a good leader from the rest.
@ar why do you Synopsys people think of Aart as if he were the Batman? Dude is relaxing now after building a company and handing it off to his stooge. It's not what he lives for, if you wish that were the case.
Aart could. He's still the chairman of the board. But Sassine was his handpicked successor, for reasons I could never understand. I hope he comes around before it's too late.
Now is when to call "time" on this CEO experiment. It's not going to turn around. Outsiders, and the board, won't see the permanent damage being wreaked on the company for a couple years at least. Boards don't do effective oversight. Look at Intel: Gelsinger's turnaround plan worked. The board fired him right before it came to fruition.
Question is how long can a company sustain a hostile ceo?
Anybody in the bod or large institutionals whatching this thing go down currently?!?
Anybody out there??
Anybody that could correct this and instill the necessary cuts/changes at the top?