Thread regarding Qorvo layoffs

Maybe this shows that Qorvo isn't a high-tech company...just a collection of M&A entities.

Amazing this was such a pathetic VSP offer if they were trying to avoid involuntary layoffs. If a VSP is intended to show good faith to long time employees and avoid layoffs, senior mgmt has failed. Primary failures of VSP offer:

1) High-tech VSPs typically offer 2-3 weeks not 1.5 weeks.

2) No forward vesting...if they are helping the corp by departing, they should get auto vesting for 6-12mo in advance. Again, not unusual for a high-tech company.

3) No option for alternate payout. Forced to take lump payout late in tax year to ensure all will pay max tax rate on payout.

Maybe this shows that Qorvo isn't a high-tech company...just a collection of M&A entities.

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| 1941 views | | 2 replies (last September 15, 2017) | Reply
Post ID: @OP+Ph9q6iy

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Yup - they have NO IDEA how to integrate the many disparate parts.

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Post ID: @ygp+Ph9q6iy

Your last sentence says it all. They were simply a collection of mergers and acquisitions disguising themselves as a high tech company. This is why they are failing.

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Post ID: @bqz+Ph9q6iy

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