Every layoff has its reason. https://www.barrons.com/articles/cypress-stock-is-rising-on-a-report-chip-maker-is-looking-for-a-buyer-51559153644
Hear the layoff news on May.
With changing the corporate culture, this should be the targeted layer for the next "house clean-up”. With acquisitions-mergers in past, too many not really sharp managers who cannot separate trivial from complex issues and ignore employees who know... — read more
Layoffs began in Irvine today. Sad outfit. 1984-level redundant procedures. Customer comes last. No management direction. Great place to leave. How do they do it?
Kispert runs a tight ship
500 is not related to broadcom merger.. 450 came from broadcom, only 40-50 could be due to overlap see details: http://www.eetimes.com/document.asp?doc_id=1330083
I am really surprised there are no layoff news here for Cypress. I wish this board was more open as some of our competitor boards is.
We move our home to ---> https://www.thelayoff.com/infineon-technologies-ag According the below link https://venturebeat.com/2019/06/02/infineon-acquires-cypress-semiconductor-in-deal-valued-at-10-billion/
We had many layoffs here at Cypress Semi, 2014 and layoffs will be no different for us. We are used to it. The whole industry is messed up and people are not getting excited about this any more. What can I tell you...
Is there a plan to lay off all Ramtron folks that came with the acqusistion