So, how will this shake up the company? No doubt there is a lot of fat they want trimmed.
Topics regarding layoffs at ARM Holdings PLC ADS
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.
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 — read more
Thomas Lantzsch just got hired by Intel to run its IOT group - anyone have any first-hand observations on this guy?