Hearing some buzz that another round is coming soon - nothing really solid, but it's believable, from pretty good sources. US anyway, haven't heard about other geos.
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Next round in Oct. Managers already submitted lists. If you are a manager and haven't been asked to submit a list then you may be on one yourself.
Layoffs will come after every major releases - you are no longer reqd after you complete your current projects. New projects/features are being delayed or canned, so once you reach the end of the technology road, you are dispensable.
The economics of the business is not sustainable and unless the E-team makes major changes, the layoffs will become more frequent. Next big round - Oct after new HW and platforms are released.
Another indicator - all insiders are selling their stock, $28+ is over-valued and they know it.
I bet it won't happen before Insight. Too many people involved that they need there.
Management also confirm to some of my team Mets about the same and told to start looking outside. Now it is a very common thing for us.
All while the CEO's compensation has been doubling every year for the past 3 years. This is based on the SEC Filing.
There was a post a couple of days ago that the next round will come oct, 12th
I wonder if this has anything to do with Q1 FY17 financial results