CA mentioned it will be very fast, but actually it needs some time. Directors will do the evaluation of their engineers and submit to VP, and VP will do the same thing to SVP. It takes time. It will be about a month from now.
Let's see what happens next Tuesday. Even though Tan wins, he is not gonna bother QCOM's own cleanup. He will plan his own round.
If Tan will take over, this transaction will take for up to one year. This is why I hope that layoffs will not be instant but take a Few months. In other words, there will be some time to realise where we stand once is done.
count down mar 6 to all
rock and cut pay roll
first to go
first name steve then paul, go play basketball
then good worker bees
keep the axx licking dir and sr dir do real work 5G, RFEE, auto, wifi, networking, server, IOT, AI, AR and more
RIP diagonal, 1 and 0 Q , long live fruit and I company ----- 007 Hock
Cool story bro
The nxp cost savings are already known about (in terms of 500m opex savings).
The new target is 1bn in addition.
Obviously, not all will be labour related. However, assuming there are layouts to meet the target, they’ll be in addition to any nxp layoff
All those layoff lists and rankings already exist, because they were done in preparation for the NXP merger. I actually saw the list for my team last year. If they want to execute a layoff, then it‘s a matter of days, not weeks or months.