If there is bonus this year, then I am assuming there will be no more layoffs. I wish someone asked directly but SM avoided too many questions. Some indications that RIF was done but the 1b$ savings in previous cuts is negated by the 2b$ gift to NXP. Looked upbeat but that may be for drama purposes
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Too much talk, not enough action
1tta I agreed
Bonus means nothing. I received a 20+% bonus and 8% raise in November 2017 and still got laid off. I received no RSU which confirmed what I was told by BCG that I would be laid off.
Hope this helps.
I don't think bonuses are a good indicator there will not be any future layoffs. There were bonuses in 2015, albeit very small.
The $2B break-up fee will come from CapEx, which has nothing to do with the promised $1B OpEx reductions.