Thread regarding Synopsys Inc. layoffs

US Footprint Target is 4,000 Employees

I'm based in the US and just got confirmation on the actual long-term roadmap leadership is working toward. The goal is to aggressively shrink the total US workforce down to exactly 4,000 employees by 2030.Right now, upper management is debating how they’re going to enforce that number. We don't know yet if they'll manage to hit the 4K baseline through natural attrition which is entirely possible given how many people are completely checked out and looking for the exit after those brutal SHAPE survey results or if they're going to have to resort to more structured layoff rounds to force the headcount down.As part of this 2030 strategy, the US roles that actually survive are going to look very different. The plan is to push as many positions as possible completely out of Silicon Valley and the Bay Area, relocating whatever is left to lower-cost US cities. But even with that domestic migration, the absolute ceiling for the entire US footprint is capped at 4,000.They’re keeping the exact timeline quiet so they don't trigger a mass panic or scare off customers mid-cycle, but the end state is already decided. If you're currently in a US-based role especially in the high-cost Bay Area offices, this is the reality on the horizon. Dust off your resumes and protect yourselves.
For employees in the other mature R&D hubs globally, I don’t have any information on the global situation but good luck to you too, since we don’t know what they are planning and things don’t look good in other countries too based on posts here.


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| 47 views | | 13 replies (last 12 days ago) | Reply
Post ID: @OP+1m22yyhfz

13 replies (most recent on top)

https://m.youtube.com/watch?v=d4SLmBdreF8

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Post ID: @tj+1m22yyhfz

Guys don't make up random numbers

Go to lookup , all the data is there (site wise breakdown and other data)

But 1 caveat , The numbers include people who have just resigned /recently resigned but not removed from lookup/teams just yet.

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Post ID: @ez+1m22yyhfz

Are the targeting a certain percentage of total headcount to be in us?

If 4K is 20% total would be 20k
If 4k is 25% , total would 16k,

I guess 16k could be the eventual target

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Post ID: @eh+1m22yyhfz

I think US was around 6.5K+ right after the acquisition.

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Post ID: @b5+1m22yyhfz

@az 1 year before, it was roughly 6k of US based employee. So down to 4k is 30% cut

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Post ID: @b2+1m22yyhfz

After all the layoffs, I think US Synopsys plus Ansys is around 5.5K.

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Post ID: @az+1m22yyhfz

@at 2,007 US ANSYS headcount at August end. Unsure of US SYNOPSYS.

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Post ID: @ay+1m22yyhfz

@at It's down to 20K (exactly) for the total global number of employees. That's according to this site, https://www.unifygtm.com/insights-headcount/synopsys

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Post ID: @av+1m22yyhfz

Does anyone have the headcount for the current number of US-based employees?

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Post ID: @at+1m22yyhfz

What about EMEA?

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Post ID: @as+1m22yyhfz

What's the current us footprint, post-recent layoffs?

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Post ID: @aq+1m22yyhfz

There will be many small companies coming out if this happens.

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Post ID: @am+1m22yyhfz

That’s cool, actually no confirmation in CXO’s email saying this is the last round, it is truly possible the case right now

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Post ID: @a9+1m22yyhfz

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