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
Topics regarding layoffs at ARM Holdings PLC ADS
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?