According to Perplexity, and we all love Perplexity
Starboard’s Qorvo investment-valued at over $500 million-was made when the stock price was higher, following a surge after their stake announcement in January 2025
if I were Starboard I'd kick myself in the nuts
The Big "Q" is doin it everday
if I were Starboard I'd kick myself in the nuts
WE BUY HOUSES CHEAP!
Perplexity also says
Qorvo may benefit from laying off workers right now by:
Reducing costs to improve profitability, especially under investor pressure to maximize operational efficiency during uncertain economic times
Streamlining management and reassessing organizational structure to optimize productivity with fewer resources
Adjusting workforce size in response to slower growth forecasts, high interest rates, or previous over-hiring during the pandemic
However, layoffs can also have long-term negative effects, such as decreased morale, lower productivity among remaining employees, and increased turnover of top performers
Give me a promotion....Ill take care of the dead wood....