Thread regarding Western Digital Corp. layoffs

Failed merger?

https://asia.nikkei.com/Business/Tech/Semiconductors/Western-Digital-and-Kioxia-scrap-memory-chip-merger-talks

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| 2181 views | | 15 replies (last October 27, 2023) | Reply
Post ID: @OP+1phFRmdp

15 replies (most recent on top)

why should SK Hynix trust anything said to them by either company, move on

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Post ID: @1ehw+1phFRmdp

Apple is probably pulling the strings.

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Post ID: @1laf+1phFRmdp

They did not even get Bain to agree.

https://stocks.apple.com/AC4lGp9inQT-1w_HlySHg6Q

The Nikkei business daily, which first reported the news, also said the companies were unable to agree on conditions with top Kioxia shareholder Bain Capital.

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Post ID: @1coy+1phFRmdp

What the h€ll! Two years + flirting with a merger surely someone asked SK Hynix if they would balk?

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Post ID: @1fmq+1phFRmdp

This clown car can't continue any further. Competitors already have a three year lead in technology.

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Post ID: @ret+1phFRmdp

Let me do WD executives job for them by typing: if the merger fails in October... it will happen in November...or December... or sometime in 2024... or 2025.

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Post ID: @xeq+1phFRmdp

Accelerate, stop, accelerate, stop. Like in a traffic jam.
Now that it stopped, it can accelerate again.
Like in a traffic jam. The hope will not be allowed to stop by management.
In management style: The merger talks are changing currently quickly its speed with a negative momentum.

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Post ID: @kjz+1phFRmdp

@tac+1phFRmdp need is now for a contingency plan, so let's see

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Post ID: @gdh+1phFRmdp

So now it’s interesting to see if flash will be split from hdd.

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Post ID: @tac+1phFRmdp

most unfortunate news; wish all the best

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Post ID: @wer+1phFRmdp

This episode is a good lesson. Letting the employees focus distracted and emotionally disturbed by this fanfare is really a complete waste of time ... That time spent should have been better used to really restructure the company reduce the heavy top and reward the deserving workers. This outcome reminds all is time to start doing serious real work. The many abuses by many top leaders in never showing up in the office should be stopped, they should be held accountable.

A good reminder to all the days of easy money, profiting through financial engineering are over.

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Post ID: @hnx+1phFRmdp

Yippieee!! No more layoffs

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Post ID: @xjn+1phFRmdp

Fire DG!

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Post ID: @raj+1phFRmdp

It is over

https://finance.yahoo.com/news/western-digital-japans-kioxia-call-143508101.html

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Post ID: @qia+1phFRmdp

Two turkeys didn't make an eagle. Embrace the comming November layoffs

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Post ID: @jom+1phFRmdp

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