I'd ask if they're done for the year, but I'm not that naive.
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@p8 Of course it did, 7 people were layed off at my site
Germany didn't even start wave 3 yet
It will never end!
@OP For the US, I think this round is done. For Europe, not sure. Not sure when the next wave is gonna be.
@b2 The total restructing cost is estimated at $500 million.
I'm August, Synopsys filed an amended 8K with the SEC, which they increased their planned restructuring costs by about $250 million, so we'll see
Wave 4/4 is next march
On the same date, Mr. de Geus acquired 25,000 shares of common stock through the exercise of non-qualified stock options. These shares were acquired at an exercise price of $135.88 per share, totaling $3,397,000.
These transactions were carried out under a Rule 10b5-1 trading plan, which Mr. de Geus adopted on October 14, 2025
‘Synopsys Executive Chair Aart de Geus sold 25,000 shares of stock for about $11.1 million on August 28, 2026’
Dude knows this turkey is cooked.