Topics regarding layoffs at Altera Corp.

Topics regarding layoffs at Altera Corp.

Altera still going IPO with SR?

With PG forced out by the board, are we still going the IPO route with SR in charge or is she getting the boot too?

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Post ID: @OP+1vU9sBi9

What to expect for offering letters (US region)

Last benefit package reveal they made mentioned US employees will begin receiving their offer letters mid Oct (next week?) What is the general sentiment on the salary package? Do we think our based pay will 1) remain the same or 2) reduction like... — read more 

Intel selling stake in Altera

Intel CEO mentioned they will be selling part of stake in Altera prior to IPO. Any guesses on how much %? Is it outright majority stake up front? Who’s going to buy this sinking ship?

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Post ID: @OP+1uySCWdi

How many EVPs/VPs does it take?

How many EVPs/VPs are there now? Laying off more staff and plans for another round this year…but increasing the number of VPs is not financially prudent. Clients notice and are not seeing an “insanely great” improvement with the product or... — read more 

Q2 Layoff

With Intel having Q3 layoffs, is Alt et a affected too or it’s independent now?

Altera Layoff August

Got laid off in August. If for nothing else I am glad so I can get my money out of Voya the worst financial institution on the planet. Not sure why Altera choose them I'm guess it must be the cheapest on the planet. When you call Voya for assistance... — read more 

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Post ID: @OP+1ok1pHY1

Sales/Marketing

yeah Intel is going to layoff many people in Altera : Sales/Marketing and groups that match with Intel culture....just like QUALCOMM laid off many many people from Atheros.... it is just a question of time...

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Post ID: @OP+CbGWhw0

5% layoff in October 9

5% layoff in October 9. I was one of them. Seven jobs in Toronto and several others globally. Company is going down fast

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Post ID: @OP+sd9smbN

5% layoff in October 9

5% layoff in October 9. I was one of them. Seven jobs in Toronto and several others globally. Company is going down fast

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Post ID: @OP+sdb7CMt

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