Thread regarding Samsung layoffs

The Foundry is Fine / SARC is in Trouble

The Foundry / Manufacturing plant is doing just fine. There was no communication about any layoffs, people are confident that we’ll be here for a while – I think there is enough executive support and money in CapEx to support the Foundry for a while.

Now, SARC is a different beast – I am not sure what’s being communicated over there – I’d doubt any info claiming they are completely closing but they may be trimming their ranks though – knowing how many low value add folks they have (this is tottaly my biased opinion as I only had limited interactions with them) I would not be surprised.

Good luck all…

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Post ID: @OP+11f60yqK

2 replies (most recent on top)

Only the CPU side is cancelled. Both SoC and GPU will continue unafected. This is a sad event but limited in scope and not as dramatic as FUD-ers would want you to believe.

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Post ID: @3rkk+11f60yqK

SARC project got cancelled...

Nobody is being laid off (yet)...

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Post ID: @ttg+11f60yqK

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