Topics regarding layoffs at ARM Holdings PLC ADS

Topics regarding layoffs at ARM Holdings PLC ADS

APM party

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 

Opportunities and comp

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 

Arm IPO

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.

Too much stress

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 

Time to move on

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.

Pelion layoffs ?

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)

New way of doing things

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 

D&I Update

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 

Another Hiring Freeze

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 

ARM Price Hikes

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 

by
| 1350 views | | no replies yet
Post ID:  @OP+17ZBlwDQ

Cancelled layoffs

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 

Gervais Principle

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 

Mid-Year Review Axed

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 

Precursor for layoffs today

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 

COVID Layoff imminent

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 

Mass layoff expected

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 

by
| 2369 views | | no replies yet
Post ID:  @OP+14dBOtac

Start a new thread - post a news comment, question or message:

: