Arm’s APM party will be limited to 600 guest. Some key influencers, ex employees will be invited and the rest will be strippers for entertainment. The tech event has gone from meaningful event to a party with old friends. The voting on the... — read more
Heard that Apple, Meta, Qualcomm, Google and others are hiring CPU and graphics engineers with yearly total comp packs exceeding $600K. Don’t be a fool given the sinking Arm ship. Mgt just want to milk the cash for themselves. Cut employee... — read more
Heard that iPO is still planned for March 2023. Mgt must living in utopia if they think that Arm should be valued at $60B given the market conditions. Also employees were offered fewer RSU shares then prior years. Company is so cheap.
Does anyone believe Arm is innovating or just resting on its current v8 architecture (given the v9 architecture brings little or no value) and just raising its prices given its monopoly status in mobile, DTV, STB, etc? Intel seems to be investing... — read more
I hope the severance pay will be generous........ I hope so anyway.
I believe most have been polishing resumes and considering other options for a while now. I am very worried about getting another offer, although many tell me that finding a new job is easier than ever which is encouraging. But is that really so?... — read more
Anybody heard anything?
It took me less than a month to find a new job, even though I thought it wouldn't be so easy due to my age. I hope others have a similar experience with looking for a new job.
If anyone has more details on who the target groups are, please spill the beans.
I am definitely looking for a new job because I do not intend to stay here anymore. There are many other options, it is not very difficult to find another job if someone has a good skillset. I can't even imagine what this company will look like... — read more
I'm 52 and I've heard horror stories about how hard it is to find a job in our field at my age. I've been working at Arm for more than 15 years and I thought I'd retire from here. The idea of starting over somewhere else is scary and I'm not looking... — read more
Now that the NVIDIA deal is off, what are options for SW/HW engineers in ARM in the US and Europe?
Where to find more information on the Pelion (spinoff from ARM) Layoffs? I heard almost all of the management in the US were laid off and were told last week ( December 1st , 2nd and 3rd)
A colleague of mine who left, capable, a man with a lot of knowledge and skills, talented, always engaged, has now been replaced with a new hire that is the exact opposite. I’m glad when people get a chance to gain experience, but is it really... — read more
The only reason the UK is in the office is because only one legal requirement has to be done face to face. Can you guess which one that is?
What did folk think of this? There was a lot of talk about the ‘data’, but a notable lack of it actually shared. Just broad assertions like “women and people of colour are underrepresented” and “white men had the largest advantage in the hiring... — read more
Seems like there is a large top-down push to get projects tied up for September/October from management, right around the mid-year review cycle and entering of graduates. Even individuals are being pushed to document and tie up their work under the... — read more
The company has been given a few months to get it's affairs in order, but the deal is dead. Expect a lot of manuevers before official announcements in the coming months.
PoU Date - 5 September WFH Ends - 27 September Everyone prepared to act surprised when there is a "restructuring". Before the offer letters arrive?
So some of us are now receiving our offer letters in CPU and CT, seems this isn't company wide and we are being told not to share it under penalty of misconduct from what I gather.
Been seeing a lot of senior people in management going to Imagination Technologies in the past few weeks and months. I'm wondering what the attaction is? Diagonal moves more possible? People in good positions are jumping ship, just curious because... — read more
Yet another. Seems the market is in a strange situation and the semiconductor shortages likely raising alarm bells behind closed doors? With the acquisition looking doomed and an IPO profitability needs to be maximised. And not to mention a lot... — read more
Seeing some changes across HR. Nvidia prep in full swing????
So apparently the company cancelled the review cycle mid-year, but now the company has had its best ever quarter performance? Something doesn't make sense here, could this be due to price hikes which will boost performance over the short term? ... — read more
Numerous layoffs were cancelled at the last minute in the former ISG division, after rounds of redundancy consultations and loads of stress and worry for people. People are aghast to say at least. Rumour has it that Simon Segars was told by UK... — read more
Anyone familiar with the Gervais principle? It seems to be on full display at ARM. Not just the structure (middle managing clueless id–ts and upper management sociopaths) but with the acquisition this is usually the last stage in a companies... — read more
So, how will this shake up the company? No doubt there is a lot of fat they want trimmed.
The company just axed mid-year reviews due to revenue for non-graduates quietly announced on the Home Page. No promotions or salary changes. Wonder does that also apply to performance categories as well. That would be a nice cop out to... — read more
Expect a lot of "we need to make tough choices" in the company all-hands today. Any criticism of political narratives adopted by senior leadership will put a black mark on your profile (even if you ask anonymously on Zoom, it's not anonymous to the... — read more
So the CMO is out, apparently of her own choice, the same week the new CTO is also announced, seems more of a PR move considering the Bangalore office is a complete toxic hellhole. The CMO was responsible for risc-v facts website, and also took... — read more
Following the quarterly earnings many projects are now under review, nothing is getting PAT approval as the covid situation leads to a full blown recession. Best of luck to all, may your next venture have more clarity than ARM's diversity brigade. — read more
I'm close to those near such discussions. COVID-19 may be the excuse, but after this years key products go out the door there is a mass layoff expected to hit like in September 2018, probably a lot bigger even. It will likely be around the same... — read more
Contact at ARM messaged me to say lay offs are in the works, keep an eye on local news sources in the coming days.
20% pay increase for hardware and software developers Cambridge December 2019. Who will be leaving to make up for it I wonder?
Hold onto your seats, if you still have one. Here we go again.
Take a look at the threads on ARM Holdings PLC layoffs https://www.thelayoff.com/arm-holdings-plc
Thomas Lantzsch just got hired by Intel to run its IOT group - anyone have any first-hand observations on this guy?